Saturday, August 06, 2016

How to Develop and Maintain a Secure and Stable Financial System

The problem with unenlightened bankers is that they have a tendency to think alike.  That is not at all surprising considering the inadequate training they have received.


For many years, I have attempted to improve their training, though none of those potential students appear to have the necessary talent to achieve the required standard.  Initiative and imagination are often beyond their abilities.  Their grasp of the ethereal is frequently dismal.  They usually mistake wealth for wisdom.

For example, any enlightened banker should be able to answer the following question with admirable accuracy:

What is quantitative easing?

The correct answer is quite simple.

The incorrect answers are most amusing in the short-term though they, and the correct answer, are likely to end in tragedy.

The most usual incorrect answer is:

A way to stimulate the economy.

The correct answer is:

The nationalisation of the ethereal

Over in the service wing of Villa Twaklinilkawt, the servants of art and enlightenment have been doing their best, for many years, to grasp the essence of the ethereal economy.  That is their main duty.

Since giving permission for the natural common room in the gatehouse to be opened to ordinary visitors, the interconnections between the natural and the ethereal have become more widely known in the world at large.

For any bankers, especially central bankers, wishing to improve their abilities, here is a little preliminary test:

1. How do you apply quantitative easing to assist peace and peace?

2. How do you apply quantitative easing towards overcoming egocentrism?

3. How do you apply quantitative easing when supporting the duties of enlightened leaders?

4. How do you apply quantitative easing when I am on my way to the UK?

The answer to all four questions is the same:  You do not.

Financial systems have never supported empires.  That is why empires are meant to collapse.

Empires always rely on financial systems, therefore they are never independent.

Financial systems themselves are like an empire, yet they cannot be controlled by anyone or anything, except trust.  And trust is ethereal, just like mistrust.

It is easy to develop and maintain a secure and stable financial system, just by dismantling empires before they cause harm.  There can be no trust whenever there is an empire.  By its very nature, an empire seeks to dominate.

Trust can be established and re-established by establishing very local currency networks.  Whenever a local currency is trusted, it can thrive, and so can the local economy dependent upon it.  This has already been established with great success in Nilkawt.

When currencies themselves become like empires, dominating other currencies and crowding out local networks of trust, then they themselves must be dismantled.

The ethereal economy is based on nothing more than symbolic value.  This is the economy through which central bankers are attempting to apply quantitative easing.  They are doing so by printing money and lending it to themselves via other financial entities, most of which are untrustworthy.

Most banks are owned by individuals called shareholders.  Those shareholders either hold shares individually or in groups, or in both ways.  The groups of individuals are often known as institutional investors.

Besides banks, other financial institutions have shareholders.   Many financial institutions often hold shares as institutional investors in various entities.  They may even repurchase their own shares from time to time.

As already mentioned, financial systems and financial markets run on trust.  They do not run on the vanity of greed.  They are destroyed by that vanity.

Reasonably cautious, trustworthy people mainly fear being duped.  They are usually on their guard against untrustworthiness.  In view of this, they expect other cautious, trustworthy persons to help them establish measures to prevent greed.

Central bankers are meant to be cautious and trustworthy.  That is not in evidence when quantitative easing occurs.

I do my best to instill fear in persons exhibiting greediness.  When they are afraid of the consequences of their actions, they proceed with greater caution.

When greedy people are not afraid, there is likely to be corruption occurring in a society.  That must itself be overcome.

There are several ways this can occur:

1. Through journalism for peace

2. By asking the following question:
Can real art save the world?

3. By creating world peace

4. By taking a journey from the West to Enlightenment

5. By upholding enlightened rights for all humans

6. By overcoming egocentrism

7. By understanding the duties of enlightened leaders

8. By knowing when I am on my way to the UK

9. By establishing financial peace of mind

10. By reading, writing and publishing literature for peace

If you still do not understand quantitative easing, institutional investing and share repurchasing, you may not understand the interbank lending market, either.  I am not yet sure whether or not you should worry too much about that. 

Unfortunately, there are potentially many significant matters remaining strictly confidential by law.  I do not, therefore, have the confidence to say that I have all the necessary information at hand to assist you to the extent I would consider sufficient.

If you are a servant of art and/or enlightenment, do please make your way to the natural common room and to the service wing for further support.  If you want to learn more about the Nilkawtian financial system, then you may wish to visit its digital embassy.