Central bank independence is a neoliberal con trick

9th September 2025

We are told that central banks are neutral and above politics.

The truth is, they’re not. Central bank independence was created to remove responsibility from politicians and hand power to unelected bankers.

This video explains why the idea is a con trick, how it undermines democracy, and why it’s time to put money back under democratic control.

A transcript for this video is available at: https://www.taxresearch.org.uk