Currency and Money Value

We use the number of units of each currency that are created as a measure of currency confidence or risk. When additional units of a currency are created there is a greater risk of a loss of purchasing power due to inflation or hyperinflation of the currency price of goods and services. People usually refer to currency as money unless it is debased severely by new currency creation. True money like gold and silver cannot be created by private and central banks.

Thursday, June 20, 2019

Bank of England Fabricated Money Purchases Update

As of 19 June 2019 the Bank of England via its "Asset Purchase Facility" (which fabricates money from nothing in computers to make purchases) declared that it had on its books about £450 billion in government gilts and corporate bonds. This was bought with Bank Fabricated Money (BFM).

Currency and Money Value

Thursday, June 20, 2019

Bank of England Fabricated Money Purchases Update

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