S2 Ep49. The Financial Crisis part A. The Crisis of our Times. Part 22.

<p>Firstly. some key terminology is explained, such as Financialization, Quantitative Easing, Moral Hazard, Price discovery, Gosbankification, Zombies, Gales of Creative Destruction, The Danger of Debt. </p> <p align="justify">Secondly, a coherent narrative is given that is comprehensible to non-specialists concerning the recent history and likely future development of this financial crisis. It will also be of interest to those who have had a training in economics and finance since much of this does not prepare for this financial crisis at all.</p> <p align="justify">Finally, this episode explores the emerging role of Central Bank Digital Currencies which will be key to reshaping the world financial order in the immediate future.</p>