Central Banks Have Become Too Powerful, Former Banker Says09:45

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In the decade since the financial crisis, central banks have become powerful and influential institutions.

Paul Tucker, the former deputy governor for the Bank of England, talks with Here & Now's Jeremy Hobson about why he thinks central bankers -- unelected officials whose actions determine our economic well being — have too much power.

Tucker is author of the book "Unelected Power: The Quest for Legitimacy in Central Banking and the Regulatory State."