Augustin Carstens, central manager of the Bank for International Settlements, calls currency an expression of Central Bank Liability.
No. It's an expression of MY liability. It's an expression of YOUR liability. It's an expression of liability between those who contracted the liability.
I don't remember ever talking to Mr. Carstens when ne…
Augustin Carstens, central manager of the Bank for International Settlements, calls currency an expression of Central Bank Liability.
No. It's an expression of MY liability. It's an expression of YOUR liability. It's an expression of liability between those who contracted the liability.
I don't remember ever talking to Mr. Carstens when negotiating any deal or contract. Ever. No "Central Bank" is a party. At all. Period.
Augustin Carstens, central manager of the Bank for International Settlements, calls currency an expression of Central Bank Liability.
No. It's an expression of MY liability. It's an expression of YOUR liability. It's an expression of liability between those who contracted the liability.
I don't remember ever talking to Mr. Carstens when negotiating any deal or contract. Ever. No "Central Bank" is a party. At all. Period.