#Central Bank

[gook54-blog]

Hero of the Week: February 12, 2024: Dr. Joseph Mercola

“By debanking me, my CEO, CFO, their spouses and children, Chase Bank is giving people a foretaste of how central bank digital currencies (CBDCs) will be used to control the masses.” ~ Dr. Joseph Mercola

“… Because of his vast following and positions on health matters, Mercola has been faced with intense scrutiny and censorship, as well as, more recently, restrictions on his and his associates’ bank accounts. He is now pushing back on the threat of financial transaction control. We applaud him for continuing to highlight a wide range of important concerns…”

Full Report: https://home.solari.com/hero-of-the-week-february-12-2024-dr-joseph-mercola/

Subscribe to Solari | Follow @solarireport

[tilbageidanmark]

North Korean money.

₩5,000 Won is worth about US$5.56.

[allthebrazilianpolitics]

Newly Appointed Brazil Central Bank President Gains Social Media Fame After Winning Over Lula and Damares

Economist set to head Central Bank is praised for his skills in handling and political maneuvering

After winning over President Lula, who appointed him to head the Central Bank, and achieving a record approval in his Senate hearing, even pleasing the opposition, Gabriel Galípolo is also starting to win over social media.

The 42-year-old economist, whose rapid rise in the government has been attributed to his interpersonal skills and ease in navigating Brasília's political environment, has gained a fan page on Instagram.

The fan page, which was private and had 276 followers by the time this report was completed, shares excerpts of Galípolo’s interviews and highlights photos and quotes from the economist.

Continue reading.

[y0ur-maj3sty]

It's even deeper than this...

[pheonix1t23]

[noosphe-re]

[empirearchives]

Napoleon takes issue with the private character of the Bank of France:

“I should be the master in everything in which I am concerned and certainly regarding the Bank, which belongs more to the Emperor than to the stockholders, because it creates money.”

(2 April 1806)

“The Bank does not only belong to the shareholders, it also belongs to the State since it gives it the privilege of minting money... I want the Bank to be sufficiently in the hands of the Government… I'm not asking it to lend money, but to give facilities.”

(27 March 1806)

Source: Alain Plessis, La Banque de France

[kapitaali]

When money drives almost all activity on the planet, it’s essential that we understand it. The documentary 97% Owned aims to answer questions like: Where does the money come from? Who creates it? Who decides how it gets used? And what does that mean for the millions of ordinary people who suffer when money and finance break down?

97% Owned reveals how the creation of credit and the mystery that surrounds it. The documentary goes at the root of our current social and economic crisis. Referring to the 97% of the world’s money supply that is represented by credit, this thought-provoking film presents serious research and verifiable evidence on our economic and financial system. Featuring frank interviews and commentary from economists, campaigners and former bankers, it exposes the privatized, debt-based monetary system that gives banks the power to create money, shape the economy, cause crises and push house prices out of reach. Fact-based and clearly explained, 97% Owned demonstrates how the power to create money is the piece of the puzzle that economists were missing when they failed to predict the crisis.

[bitcoinversus]

Argentina's Central Bank Hosts Bitcoin Mining Art Exhibit

The Central Bank of Argentina (BCRA) made history by becoming the first central bank globally to host a live Bitcoin mining exhibit as part of an art display. The exhibition, titled Art, Artificial Intelligence, and the Future of the Economy, features real crypto mining rigs and installations by artist Alberto Echegaray, including the notable “Moneyballs”—spheres crafted from shredded…

[gurutrends]

Price of the dollar to lempiras in Honduras today, November 4: currency in the Central Bank

The  price of the dollar  in Honduras today  was updated according to fluctuations in the international market and national monetary policies. Knowing  how much the dollar is worth in lempiras  is essential for those who carry out international transactions, savings in foreign currency or commercial activities that depend on the value of this  currency stipulated by the Central Bank of Honduras…

[tilbageidanmark]

200 Danish krone from 1997.

[allthebrazilianpolitics]

Brazil's Central Bank inflation report signals caution for near future

In its September 2024 quarterly inflation report, Brazil’s Central Bank delivered a cautious but detailed assessment of the country’s economic trajectory, balancing concerns over inflationary pressures with positive signs of growth. 

The report comes amid what the bank sees as a complex global scenario, particularly influenced by slowdowns in the U.S. and China — crucial partners for Brazilian trade flows and financial markets. 

While the U.S. Federal Reserve has signaled confidence in its fight against inflation, China’s decelerating growth —impacted by its real estate crisis — remains a significant risk for Brazil, especially given its reliance on exporting commodities to the Asian giant. Brazilian exporters now hope that recent stimulus measures announced by the People’s Bank of China will give the world’s second-largest economy a jolt.

The Central Bank highlighted that Brazil’s economy is outperforming many of its Latin American peers. With GDP quarter-on-quarter growth of 1.4 percent in Q2 2024, the country’s economic expansion has exceeded expectations, driven primarily by robust family consumption, investments, and resilient performance in cyclical sectors such as services and manufacturing. 

Continue reading.

[y0ur-maj3sty]

Facts!

[epitome-the-burnkid-viii]

[empirearchives]

Source: Pavlos Roufos. He studies ordoliberalism, economic policy and central banking.

[tokentrekk]

The Impact of CBDCs on XRP: Threat or Opportunity?

Introduction to CBDCs and XRP Central Bank Digital Currencies (CBDCs) are a digital form of a country’s fiat currency, issued and regulated by the central bank. Unlike traditional cryptocurrencies, such as Bitcoin or Ethereum, CBDCs are not decentralized and do not operate on a public ledger. The primary objective of CBDCs is to enhance the efficiency of the payment system, increase financial…