You’d expect us to be familiar with the world’s leading central banks and financial leaders, to sit before their screens and watch their words on the screen. Instead, most of us spend our time watching the weather or sports broadcasts.
As you’d expect, the world central bank of Canada is known for its financial stability. It’s got a lot of money and it’s a very powerful institution. But that’s not what’s most noteworthy about Canada’s central bank. It’s what happens when the central bank is not doing anything. For the past half-century Canada has been doing nothing.
The real news here is that the central bank is doing nothing. What that means is that its a dead institution. Its in no way a member of the international monetary system, although this does seem to be the case. Its a private institution that is not part of the international monetary system, and it has no power, influence, or authority. So what happens in North America is that the central bank is nothing more than a giant digital cash machine that has no relationship to the rest of the world.
Like most digital cash systems, the central bank is just a bunch of numbers and algorithms that can be made to do anything. As long as these numbers and algorithms keep changing regularly, they are doing exactly what they were created to do: keeping the world debt system stable. In the end, this is what has allowed the central bank to keep doing exactly what it does. It doesn’t want to be in the international system, and it can’t be.
With the world’s central bank, the dollar is essentially a currency that has no intrinsic value. It’s backed by nothing but a bunch of numbers and algorithms and the central bank keeps buying and selling dollars to keep the money supply stable. The dollar remains a dollar, and the central bank keeps buying and selling it to keep the money supply stable. So the money supply is not the root of the problem.
The problem, as I see it is that there is simply no way to make this work. The dollar is backed by nothing, its value is not tied to anything tangible, and its market share is huge. So the central bank is the only player who can guarantee that the dollar is worth what it is worth. And that means that any action that destroys the dollar will destroy the economy. The monetary system is a system of money, it is not a system of power.
In my opinion, the monetary system is not a system of power. I think it is a system of money and money is not a system of power. However, it’s also a system of power and power corrupts, so it will be the central bank that controls money.
What exactly is that money? It’s a very simple matter to say. Money is money because it’s not an object. It’s a collection of money that we can buy or sell. All this money makes us money because money is money. There is money for the world and the world does not exist on the basis of money. Money is nothing if it doesn’t exist. Money is not the world’s money.
On paper, money is a very simple thing, but in the real world, it is a very complex thing. Money is a collection of banks, currency, etc. These all represent the system of power that exists in the world. The banks can be national or international. The currencies can be local or international. Money is a very complex thing because it is the result of so many separate, interdependent factors.
The reason for this is the same: the banks have no control over their money. They are also the master of a system of money. Money and money is the same thing. Money is the sum of all the banks, currency, and the system of money. That’s it. Money is the only thing people do when it’s a business that has a monopoly, and money is the sole profit of that monopoly.