Présentation by Daniel Munevar during OID-CADTM Training session (12 and 13 December 2011 in Belgium): What do banks do and why is the debt they claim from governments illegitimate? How do they get their money? What do they do with people’s savings? Relationships between banks and the ECB, the Fed
Reserva Federal FED : La Reserva Federal (oficialmente Federal Reserve System, habitualmente abreviada en Federal Reserve o Fed) es el banco central de Estados Unidos. Fue creada el 23 de diciembre de 1913 mediante el Federal Reserve Act, también llamado Owen-Glass Act, tras varias crisis bancarias y el pánico bancario de 1907. , central banks of EU member states. What are CDS? What is the interbank market? What have they done since the 2007-2008 crisis? How does the debt secundary market work? Bank nationalisations since 2007. What kind of nationalisation does CADTM promote?