Why Central Banks needs to be more clear in their message ...

Malaysia Central bank not acknowledges Bitcoins as a legal currency another strick on virtual money

After publication of the ECB report in October 2012, media attention on VCS, and Bitcoin in particular, remained high and increased noticeably at the time of the Cyprus banking crisis (March- April 2013), in the run-up to Bitcoin’s all-time high (USD 1,240 on 4 December 2013), as well as during phases of high volatility in its exchange rates ... Image "Liberty Upended" - Anthony Freda Paul Craig Roberts Counter Punch Western institutions have become caricatures of hypocrisy. The International Monetary Fund and the European Central Bank are violating their charters in order to bail out French, German, and Dutch private banks. The IMF is only empowered to make balance of payments loans, but is lending to… Rothschild Bankers Looting Nations Through World Bank/IMF. The World Bank/IMF is owned and controlled by NM Rothschild & Sons plus 30 to 40 of the wealthiest people in the world. For over 150 years they have planned to take over the planet through money. The former chief economist of the World Bank, Joe Stiglitz, was fired in 2000. The UK Supreme Court held in Asset Land Plc v. FCA [2016] UKSC 17 that the land-banking scheme required authorization as a collective investment scheme in order to be sold to retail investors. This article critically analyses that decision in light of various approaches to regulating real estate investment trusts (‘REITs’) in the UK, Singapore, and Hong Kong, respectively. A better understanding of what a central bank is up to, they reasoned, should help investors anticipate its actions, thereby avoiding destabilising lurches in markets. That, in turn, should help central banks keep the economy running smoothly.As a first step, central banks clarified their policy goals by setting explicit targets for inflation.

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Malaysia Central bank not acknowledges Bitcoins as a legal currency another strick on virtual money

The Malaysian central bank has become the latest to warn against the use of bitcoin in a statement released last Friday (Jan 3). "The Bitcoin is not recognised as legal tender in Malaysia," the ...