4 ms·
>Does anyone have access to the world government dev environment The banks with super admin privileges to create money in their databases do.
by wu-ikkyu 10y ago
>Does anyone have access to the world government dev environment
The banks with super admin privileges to create money in their databases do.
- hx87 10y agoIf everybody had an account with the central banks, sure. For now the SUs only have access to the major-banks sandbox, and playing around in this sandbox does nothing except cause asset inflation.
- wu-ikkyu 10y agoThe 2008 bailout and subsequent legislation[1] indicates it is the major-banks (i.e. JP Morgan, BOA) which have the leverage to create money at will over the central-banks (i.e. the Fed). Hence the term "Too Big to Fail" -- de facto SUs. Doesn't the major-banks' sandbox extend across the world to any person or government who accepts the dollar? [1]http://www.businessinsider.com/congressional-budget-makes-room-for-big-bank-bailouts-2014-12 http://www.businessinsider.com/congressional-budget-makes-ro...