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Politics : Dutch Central Bank Sale Announcement Imminent? -- Ignore unavailable to you. Want to Upgrade?


To: ForYourEyesOnly who wrote (3954)3/7/1999 11:29:00 AM
From: Hawkmoon  Read Replies (1) | Respond to of 81092
 
THC,

I'm always polite to those that are polite to me as you have been.
And this is an emotional subject, so might I suggest that you seek to remove your emotions from the analysis as much as possible. We all tend to permit out biases and fears to skew our analysis.

Think about it... In the time since the FRB has been in existence (1913), we have fought two world wars, 3 police actions, and seen the US "win" the cold war against the Soviet Union leaving it the sole global superpower. We have also been lived 30 minutes from nuclear armageddon for some 30 years. Given that the 1/2 the world is either in recession or heading there, including Europe, I have to ask who will control this NWO, the FRB or the ECB? Which would be the dominant currency in a NWO given the current economic realities?

The monetary history of the US and other economies has shown that both a gold-backed monetary system or a Fiat system have pros and cons. Neither are perfect, I suggest, because the fundamental quality that determines the value of money remains subject to the whims of human psychology.

I have yet to find the "boogie man" out there who has the clout to pull the world's financial strings. The control of money is a major basis of power. And powerful people seldom wish to act in concert, especially when their spheres of power between organizations, nations, or people collide. Everyone has their own agenda, just like individual nations. Very seldom do CBs cooperate.

The BOJ has been ignoring FRB pleadings to counteract the deflationary pressures operating in Japan over the past decade. They have ignored pressure to restructure their economy to be profit motivated, rather than market share oriented. Now the Japanese face a liquidity trap. They need to boost their economy by adding liquidity (money supply).

But they already have lower discount rates to near zero percent interest. And interest rates can't go negative unless banks start charging people to deposit their money. (then they would just put their money in a US bank).

"The FRB is a "HYBRID", part private bank, but still a creation of the political process and thus accountable to it. "

It was authorized by the political process, but that has nothing to do with whether or not it is a private bank. Pls do not mix separate issues.


You might want to think about how much control the congress has over the FRB. Should the FRB fail in its "mission" to maintain the fundamental credibility of the US dollar and economy, it is quite likely they would be dissolved by the same process that created them.

THC, you might find it helpful to think of the world in terms of power and influence. There is not one, but numerous spheres of influence, both political, military, cultural, and financial. They all intertwine constantly as they seek to maintain some form of equilibrium against one another.

That is why I do not fear a New World Order conspiracy. It would just be too difficult to achieve unless it comes to being as a result of some major catastrophe.

Regards,

Ron