Tuesday, June 6, 2017

Central banking already in the sandbox

The Banking Underground in the UK discusses it.

 However, it has been decided by Barclay which already has an auto-trade liquidity provision system for central bank currency. I went through it a bit a few posts ago. So, central bank money is in the box, no need to worry yourself, except for defaults; the UK will need that sandbox function, as will most central banks.

Bitcoin price is way up because  the credit  card controls in China.  All of shadow banking is going to auto traded cash, and the sandbox does S&L without being currency issuer. It is happening, no matter what the CB does.

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