Episode description
Quick Fire Finance Question of the Day:
"Hey guys,
Love the content you've been producing. Haven't heard any discussion about Central banks yet but that's probably a dry topic for most. However, considering they're the biggest player in markets right now and subject to a lot of controversy, it'd be really interesting to get your take on them and what their impacts are for society.
Some questions i had were:
-Is it debatable that they exacerbate wealth inequality by pushing up asset prices considering only a small proportion of the population owns financial assets?
-Who owns central banks? Japan and Switzerland's are both publicly traded, but are there hidden benefactors behind the other central banks in the world?
-Are central banks supervised by any entity or do they rely on public trust to operate? This last point is probably more applicable to the US Fed considering the recent revelations of trading by their members.
Bit of a contentious topic I'm sure but that's what makes a good debate and an entertaining podcast!
Thanks for producing quality content anyway and the positive impact you're having in the world.
Cheers!
Sam"
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