definition
Interest rates are not primarily consumer guidance in Jiang’s model; they coordinate whether banks should release or withhold liquidity.
Topic brief
A Jiang Lens evidence brief for this topic, built from source tags, transcript matches, and linked source refs.
Central Bank
Interest rates are not primarily consumer guidance in Jiang’s model; they coordinate whether banks should release or withhold liquidity.
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Key Notes
definition
The Bank for International Settlements is described as the central bank of central banks and, in Jiang’s account, the most powerful bank in the world, managed for powerful people rather than the public.
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evidence
He argues that manifesto measures such as central banking, communications centralization, industrial production, and schooling can serve capitalist interests as much as communist ones.
Timestamped Evidence
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"...are separate but they are linked together into something called a central bank okay central bank and what the central bank central bank do..."
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"then I don't want a little bank to buy a house and this is what you're taught in an economics class but there's actually..."
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"...of International Settlements is in Basel, Switzerland. And it's considered the central bank of central banks. So, every nation has a central bank that..."
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"in 1838 he signed the Bill ofpm and then in the 18нали you only got owner rights anyway after all you need to end..."
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"It's the same thing, really, right? Extension of factories and instruments of production owned by the state, equal liability of our work, combination of..."
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Relevant Lectures And Readings
Reading
A source-grounded reading of Jiang's lecture on the false capitalism-communism dialectic: communism appears not as capitalism's opposite but as a weapon that clears away monarchy, religion, nationalism, democracy, and social democracy so capital can...
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