Money Is Power, Power to the People! A Call for a Decentralized Monetary System.

15 min read

Money Creation and Economic Growth Jerome Powell, the current head of the U.S. central bank, revealed that he liked this job. “Yes, … I love my job,” he said. “It’s a chance to do work that I think helps people.” (see Reference 1 below).  On the other hand, President Trump once stated bluntly that the Fed and its chairman “had no guts, no sense, no vision.” (see Reference 2 below). There will be presidential elections next year in the U.S. If Chairman Powell does not want to be asked by President Trump to come to the White House for a “chat” once…...

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Olegs Jemeljanovs, PhD, CFA A seasoned professional in the field of financial markets, investments and economic analysis with the crucial mix of private and public sector experience (large international lenders, private boutique banks, ministry of finance, central bank, financial regulator). Able to cover macroeconomic and microeconomic trends, short-term market moves and long-term economic cycles, the role of biology and psychology in finance. Have held both front-office, sales and analytical positions. If you want complex economic, financial, political, historical, sociological and psychological concepts to be explained in a simple and accessible way then you have certainly found the right website. If your consider the sense of humor to be important then you have definitely found the right man.