There is a One Trillion Dollar Question: What entity or entities have purchased - for cash - the $1 Trillion dollars worth of Government Bonds that the central banks of the world have sold off in the course of the past 17 months?
Why has Bloomberg decided to suspend the publication of International Reserves on its website? Is Bloomberg hiding information from the public? Has Bloomberg been pressured to suspend publication of sensitive data?
At the present time, the system at work since the end of World War II is operating in reverse. Reserves are falling, the majority of which are held in Dollars. Government Bonds held as Reserves are being sold off. An important contraction in world commerce is taking place
The creators and promoters of the Bitcoin are perhaps acting in good faith, but they are individuals enthralled with technology. The Bitcoin may indeed be a technological marvel, but the creators and promoters of the Bitcoin do not understand money
The Bitcoin is supposed to be a great triumph of technology, which protects the rights of the individual to his property and privacy. But, does this make the Bitcoin a new type of money? The answer is "No".