Charles Calomiris: All Banking Is Politically Driven | McAlvany Weekly Commentary

Charles Calomiris joins the weekly commentary – CLICK HERE to buy Charle’s book – Fragile by Design: The Political Origins of Banking Crises and Scarce Credit (The Princeton Economic History of the Western World)

• All banking is politically driven
• Cryptos may replace central banks but they will be government controlled
• People vote their most recent mortgage experience
• We now have a very shaky real estate market again, 1/3 are high risk mortgages