Money or Cyber Money - The new Tyrannosaurus Rex
3.5March 31, 20191h 17m
Loading player...
Sources:
Note: If a source doesn't work, try switching to a different one. Some sources may have ads or pop-ups - we recommend using an ad blocker for the best experience.
About This Movie
Fund managers such as BlackRock, Vanguard, State Street and Fidelity are the new players of the financial world: they are not locusts, instead each one is a Tyrannosaurus Rex. They emerged after the last financial crisis of 2007 and are neither banks nor hedge funds and flourish in a practically regulation free zone. They can also best be described as shadow banks. The new players in the financial markets have taken over monetary policy. No one regulates them, neither national governments nor the Public.