#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

[thefreethoughtprojectcom]

A bill filed in the Michigan House would take the first steps toward limiting the impact of any potential future central bank digital currency (CBDC) in the state.

Read More: https://thefreethoughtproject.com/money/michigan-bill-would-take-first-steps-against-a-cbdc

#TheFreeThoughtProject

[relaxedstyles]

It's getting real out there ...

[allthebrazilianpolitics]

Brazil Central Bank Steps in Currency Markets Again Amid Selloff

Brazil’s central bank stepped into currency markets again on Tuesday as the real continues to weaken even after policymakers pledged to lift interest rates to eight-year highs.

The spot auction was the latest in a series of interventions from the bank as it tries to tame a recent spike in volatility that has weakened the real to record lows. 

The real jumped on the announcement, rising as much as 0.6% versus the dollar Tuesday morning in one of the best performances in emerging markets. Still, it remains among one of the world’s worst-performing major currencies, weakening about 20% this year.

Investors have grown increasingly skeptical of the government’s pledges to shore up public accounts and address the country’s debt trajectory. President Luiz Inacio Lula da Silva last month unveiled new income tax breaks alongside a plan to cut 70 billion reais ($11.5 billion) in spending, disappointing traders who saw it as the latest sign that the leftist leader remains more focused on boosting growth than bolstering Brazil’s fiscal outlook.

Continue reading.

[tilbageidanmark]

North Korean money.

₩5,000 Won is worth about US$5.56.

[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.

[carlocarrasco]

The newest polymer bank notes from the BSP

Recently the Bangko Sentral ng Pilipinas (BSP) unveiled the newest polymer bank notes which were described as crisp and capable of withstanding tough conditions, according to a news feature by the Manila Bulletin. To put things in perspective, posted below is an excerpt from the article of the Manila Bulletin. Some parts in boldface… The familiar crinkle of a crisp paper bill, the faded ink…

[libbylael]

[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.

[tilbageidanmark]

200 Danish krone from 1997.

[y0ur-maj3sty]

Facts!