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Wishing for central banks to act in the interest of working people rather than the financial industry is about as fruitful as hoping a starving wolf won’t eat the chicken that was just placed next to it. Pigs will fly, the Amazon will freeze over and Wall Street will give all its money away before a central bank in the capitalist core goes against its raison d’être.

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Pete Dolack has been an activist with several groups, most recently Trade Justice New York Metro. He writes the Systemic Disorder blog and is the author of the books What Do We Need Bosses For?: Toward Economic Democracy and It’s Not Over: Learning From the Socialist Experiment.