First Central Bank Case

First Central Bank Incident Part 1: River City is a community of approximately 210,000 people, most of which are considered "common cities" due to the influence of the International Metalworkers Union (IMU). The IMU is actively involved in the organization of many companies and organizations in the region and is actively involved in local political activities. Since the 1930's, they have represented the workers of large-scale auto parts factories. Another institution that the IMU can join the union is one of the smaller banks in the town.

All this hurry asking for new ideas of decentralization will produce stupid behavior like "Distribution of central banks". WOT? If you disperse the central bank, it is no longer the central bank. It is a central bank, in which case it is concentrated, exerting a significant policy influence on money supply, currency and inflation - or scattered, in that case it is fierce, terrible. Control of collective behavior of the mob. Miner workers - like central banks but not bit coins

The current state of the environment is based on the table of the validity of the central bank, but the bit coin is beginning to function. The first and most obvious victory Bitcoin won the central bank cartel is to reveal and eliminate inflation. Activities for inflation, a ubiquitous theft mechanism, have now been downgraded to a lifestyle choice that was considered an unavoidable fact existed ten years ago. Large-scale HODL weapons are deployed and central banks will not be able to recover their ability to expand their assets.

The central bank is not evil. Most people who imply bank immorality do not understand the purpose of the central bank. The central bank coordinates the money supply through inflation policy to reflect economic growth (or decline in growth). Central banks tend to be slightly inflationary, but this attitude can change with political and economic circumstances. Value stability is an overall goal, but it is sometimes possible to predict a predictable rate over full instability to meet export / import demand. The number of exports will be affected, especially as the value of money begins to rise in relation to other related currencies. If exports are expected to fall and the economy is expected to be affected, the central bank usually devaluates the currency to make exporters of foreign buyers cheaper.