> On 4 Nov 2015, at 9:23 a.m., Brian Holmes <[email protected]> > wrote: > The crucial intervention so far has been the unprecedented injection of some > 12 trillion USD into the global monetary system by central banks, which know > very well what each other are doing. The next crucial intervention will be to > actually *do* something coherent with that money.
Global volumes of currency trading alone are in the order of 5.3 trillion USD per day. What capacity do the central banks of the world have to substantively influence the overall system? # distributed via <nettime>: no commercial use without permission # <nettime> is a moderated mailing list for net criticism, # collaborative text filtering and cultural politics of the nets # more info: http://mx.kein.org/mailman/listinfo/nettime-l # archive: http://www.nettime.org contact: [email protected]
