While reading Trade Wars are Class Wars (a book I highly recommend for those interested in the inter-country trade relations) I came across one of the best explanations I've seen on the history of central banks and their role in society. This week's issue opens with us looking at excerpts from the book before diving into the story behind congress's decision to make it illegal to bet on future prices/performance of onions.
History of Central Banks & Banning Onion Futures
History of Central Banks & Banning Onion…
History of Central Banks & Banning Onion Futures
While reading Trade Wars are Class Wars (a book I highly recommend for those interested in the inter-country trade relations) I came across one of the best explanations I've seen on the history of central banks and their role in society. This week's issue opens with us looking at excerpts from the book before diving into the story behind congress's decision to make it illegal to bet on future prices/performance of onions.