Domain Query: The Creature from Jekyll Island

Longtime reader and friend of the blog Kapios had a very interesting question for me from Monday's compilation of amazeballs awesomesauce:

I wish Trump went after the Central Bank as hard as he obliterated the Demoncrats. Baby steps I guess, but since he pressured the Fed director to print more, I don't see this happening. Unless he plans to print money that actually belongs to the government. Someone did this a long time ago and he 'killed the central bank so hard that it took them 70 years to recover' to quote a documentary about the Fed.

I don't know how informed you are about the inner workings of the Central Banks, but if you have time to research and make a post one day, I would appreciate it deeply. I still never fully understood their system if I'm honest.

I decided to answer it at length using a podcast, as I think my voice is probably rather more animated and less dry than my writing on the subject can ever be.

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