Central bank is the mother of the crypto afterall
As the old saying goes, “The hidden power of the government is to support or contravene the will of the people.” The central bank is no exception. In fact, it’s so powerful that it can even contravene the will of the people. That’s right: The Federal Reserve Bank President Bernanke has been able to control what money the central bank prints and how much interest it levies on those funds. This allows for a variety of strategies to combat inflation and other financial crises. However, all this power rests on a thin sword—the federal government. Because with so much power comes responsibility. What action will you take when your authority over money is challenged? When you see yourself VERSUS opponent as the central bank? Here’s why you should fight back.
What is the Federal Reserve Bank?
Friedan’s famous definition of power is “the ability to do or affect things which the rest of the world does or does not do.” It is the ability to controlling and influencing the financial and economic outcomes of others. In short, the central bank is the entity that has the power to control the flow of money and make or break a financial crisis. In that sense, the federal government is also the most powerful entity in all of reality: It’s the one who controls and decides what happens in the world around it.
The Federal Reserve Banks
The Federal Reserve Banks are the administrative agencies within the U.S. Department of the Treasury that create and manage the collective monetary asset of the United States. These include the Federal Reserve Banks of New York City, San Francisco, andChicago, as well as the Oklahoma City and Trenton-based state-run banks.
How the Fed Works
The federal government owns and regulates the creditworthy banks and financial institutions that compose the Federal Reserve System. Although the government owns a majority share of the banks that compose the system, each Federal Reserve Bank is independent. The federal government provides funding for each bank, but the banks are ultimately responsible for funding the federal debt. To achieve that, the banks have a series of mechanisms they use to fund the federal debt. The qualifying banks for the federal credit program include U.S. Mainland banks like Bank of America, Capital One, Citi, Wells Fargo, and Wells Fargo Bank. Additionally, the federal government provides funding for certain international banks that qualify because of their close relationship with the United States. These include international investment banks such as Morgan Stanley, Goldman Sachs, and Citigroup, as well as U.S.-based financial services companies like American Express, Citi, and Wells Fargo.
Why You Should Care
So, the Fed has the power to control and determine what happens in the world around it. The question is, how should you use that power? The answer is both simple and profound: If you use your power well, then everything will be fine. If you use your power poorly, then everything will be dark. In fact, it’s likely that the dark times ahead will be some of the most tense and challenging times in human history. That’s why it’s important to have the foresight and foresightfulness to prepare for them. In the words of the apostle Paul: “In the midst of temptation, occur the wise and prudent steps, which God permits us to take.”
How to Invade the Fed’s Territory
Banks are not the only entities that bank on the Federal Reserve System’s success. The global financial services industry is ready to Leverage if required to increase its exposure to the U.S. economy. That industry is particularly keen on increasing its exposure to creditworthy banks and financial institutions located in emerging markets. That’s why the Financial Services Regulatory Authority, which oversees the international banking industry, recently issued its “Go Big or Go Home” monetary policy.
The Future of Money and Banking
The financial services industry is not the only one ready to Leverage if the central bank does not step in. In fact, the entire financial services industry could soon become a target for financial leverage. That’s because the Federal Reserve has been using quantitative easing to help reduce the levels of high-interest debt, which accounts for one-quarter of all total credit ratings. How that is accomplished, the central bank doesn’t explain. But it can be done—and done effectively—when the need for more money is great and the need for more creditworthy banks and financial institutions is great.
Bottom Line
The financial services industry is ready to Leverage if the central bank does not step in. That industry is also ready to Go Big or Go Home if the central bank doesn’t step in. And that’s just in the developed world. The entire financial services industry could soon be a target for financial leverage. That’s because the Federal Reserve has been using quantitative easing to help reduce the levels of high-interest debt, which accounts for one-quarter of all total credit ratings. That’s why the central bank has been using quantitative easing to help reduce the levels of high-interest debt, which accounts for one-quarter of all total credit ratings. The financial services industry could soon become a target for financial leverage. And crypto may not able to escape.