World's Most Powerful & Secretive Financial Institution: What It's Done & Planning Next – Adam LeBor

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Adam LeBor, Author of 'Tower of Basel,' who dives into the history of the world's most influential and secretive financial institution. The interview pulls back the curtain on the mysteries of the Bank for International Settlements (BIS) – the central bank of central banks. LeBor explains the BIS's controversial history from its inception to its role in global financial crises and its influence on modern banking regulations. He also outlines the role gold plays. LeBor explains BIS's project mBridge, and its significance going forward, shedding light on the elusive bank's operations and the potential future shifts in the financial world. Recording date: October 21, 2024 This video is brought to you by Goldback --- Inflation-resistant, 24K gold currency. Protect your purchasing power, grow your wealth annually, and spend at over 2,000 businesses. Learn where to get Goldbacks at https://www.goldback.com/ Follow Michelle Makori on X: @MichelleMakori (  / michellemakori  ) Follow Kitco News on X: @KitcoNewsNOW (  / kitconewsnow  ) Follow Adam LeBor on X: @adamlebor (https://x.com/adamlebor) 00:00 Introduction: the BIS 04:38 History of the BIS & Its Role in Global Finance 09:42 The BIS's Headquarters & Immunities 21:26 The BIS's Controversial Past 37:06 The London Gold Pool & Gold Manipulation 42:17 The BIS & the Euro 45:24 Post-War European Economy & the BIS 46:21 Formation of the European Central Bank 48:01 The Euro and National Sovereignty 54:18 BIS's Role in Financial Crises 55:58 Gold and the Basel Accords 57:27 Project mBridge & CBDCs 01:09:24 Concerns Over CBDCs & Financial Control #BIS #centralbanks #monetarypolicy __________________________________________________________________ Kitco News is the gold standard in precious metals, commodities, cryptocurrencies, mining, and financial news. SUBSCRIBE to our channel to stay up to date on the latest market and industry news. For breaking news, views, charts, and data on precious metals, cryptocurrencies, and financial markets - visit us at https://www.kitco.com To get market updates on the go, download the Kitco Gold Live! APP - https://applications.kitco.com Stay connected: Twitter -   / kitconewsnow   Instagram -   / kitconews   Facebook -   / kitconews   LinkedIn -   / kitconews   StockTwits - https://stocktwits.com/kitconews Live gold price and chart: https://www.kitco.com/gold-price-toda... Live silver price and chart: https://www.kitco.com/Silver-price-to... Live crypto market data: https://www.kitco.com/price/crypto/ Learn more about Kitco News: https://www.kitco.com/news/about/ For more information on advertising, sponsorship and marketing promotions – please visit our online media kit at: www.kitco.com/advertising Disclaimer: The videos are not intended to provide trading advice, and the views expressed do not necessarily reflect those of Kitco Metals Inc. Kitco News, its anchors, producers, and reporters are not responsible in any way for the performance or actions of any sponsor, advertiser or affiliate of Kitco News. In no event will Kitco and its employees be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content in this video.