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Re: <nettime> choose-your-own adventure: a brief history of nettime
prem . cnt on Wed, 4 Nov 2015 09:49:15 +0100 (CET)


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Re: <nettime> choose-your-own adventure: a brief history of nettime


> On 4 Nov 2015, at 9:23 a.m., Brian Holmes <bhcontinentaldrift {AT} gmail.com> 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?




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