Are central banks losing control?

[Ron~Popeil]

Eight years after the crisis of 2008-09, central banks are still injecting $200 billion a month into the global financial system to keep it from imploding.

Are central banks losing control?

The central banks are not losing control but in fact has complete and absolute control. Those injection in billions of amount in US dollars monthly are not caused by them having no control over the system but the other way. The reason for injections is that the central banks have a complete control and well aware of the situation, they know what they are doing and possibly have a reason why they are doing it.

Central bank are a government agency to take care of financial system of a country and this world runs every government, thus I don't see in the future that we can fully get the freedom that we are looking, the government will not allow that as long as they have the power to create laws.
With their power, they can reject things that is not in favor for their agenda and worst thing is to make it illegal.

Yes, you are right - central banks are a tool for manipulating people. And this tool is in the hands of the government. And it is only interested in having full control over the citizens. Therefore, I am confident that central banks will never lose control

I agree with you as the central banks are just like soldiers who are dictated by the government to suck the money out of people and hence central bank will never ever lose control and they have authority to make illegal as legal and legal as illegal in simple words they can mould the law as per their convenient to rule with iron fist. Some are even planning to tern bitcoin as illegal but now it is not possible

[1715074421]

1715074421

[user27]

Eight years after the crisis of 2008-09, central banks are still injecting $200 billion a month into the global financial system to keep it from imploding.

Are central banks losing control?

Well sooner or later yes.

They have never had full control of the economy. No way they can predict what the people are thinking and all that.

Interest rates can only be manipulated to a certain point and then it's not going to work.

Same with printing more money.

[South Park]

Eight years after the crisis of 2008-09, central banks are still injecting $200 billion a month into the global financial system to keep it from imploding.

Are central banks losing control?

In a way yes, but at the same time you need to look from their perspective, they are injecting this massive amount of cash to to world economy and it has not imploded, I’m sure they fell like they have the control but soon they will find out how mistaken they were.

[alexey199773]

World central banks lost control over the interest rate market, which means that when they begin to reduce their financial assistance to the economy - and sooner or later it will happen anyway - we are in for a hard time. There is still no reason to say that we are a step away from a global sell-off in the global bond markets, but now we know a little more about what will happen when successive monetary easing measures begin to consistently curtail. The prospect is depressing.

[LeGaulois]

The real question is: Are the people behind the central banks losing control? Lot of europeans countries, for exemple, have all moved to impose negative interest rates in a bid to prevent their currencies from rocketing in value

[deisik]

The real question is: Are the people behind the central banks losing control? Lot of europeans countries, for exemple, have all moved to impose negative interest rates in a bid to prevent their currencies from rocketing in value

I would be much interested to hear how negative interest rates mean that central banks are losing their grip on finances

Or, in other words, why would more expensive money (since this is basically what you imply) really mean that, i.e. losing control? It is typically quite the other way round. It is said that central banks are losing control over the money they issue when this money loses all value due to excessive printing, and inflation rates are surging to hundreds of percentages. A glaring example of that is the notorious Zimbabwean dollar, which was ultimately completely driven out of circulation by the US dollar and other currencies when it simply ceased to be money in the end. I guess this was an example of a central bank (as well as government) completely losing touch with reality (not just control over money)

[SvenBomvolen]

Bitcoin appeared exactly in the year of the world's financial crisis and I am sure it appeared exactly with the target to skip the banking system and government's control. With bitcoin you are your own banker and i think bitcoin's spreading over the world makes banks to loose control.

[lol3c]

Bitcoin appeared exactly in the year of the world's financial crisis and I am sure it appeared exactly with the target to skip the banking system and government's control. With bitcoin you are your own banker and i think bitcoin's spreading over the world makes banks to loose control.

This is the first time i have heard about this information. Thanks for provding it to me. Thanks Satoshi for making a great design for us to use. And to all the people who do not know that Bitcoin is or still doubt that bitcoin can become the next currency, you should better learn to accept it because in the future, there will be another crisis and the inflation will appear

[Mometaskers]

I don't see these banks losing control anytime soon. After all, this is an arm of the government and the government have the means to impose its will. Hard to trust it though when you have a financial crisis every few decades or so. Hopefully bitcoin will reach the point where it will be hard for the government to ban and regulate it so we can avoid getting dragged into whatever mess they end up making.

[dirokkl]

I do not think that central government banks will ever lose control. They control the circulation of the national currency in the country. And the government will never take this function from them

[Carlsen]

I don't think they are losing controle.
In case of emergency they print some fresh money and pump it into the market.
In case of real emergency they even help one another because in the end they are all depending on each other.
Central banks are in the game now for a very long time.
Maybe one day a scenario will occure they can not handle. But right now we are not in it.

[South Park]

Eight years after the crisis of 2008-09, central banks are still injecting $200 billion a month into the global financial system to keep it from imploding.

Are central banks losing control?

The central banks are not losing control but in fact has complete and absolute control. Those injection in billions of amount in US dollars monthly are not caused by them having no control over the system but the other way. The reason for injections is that the central banks have a complete control and well aware of the situation, they know what they are doing and possibly have a reason why they are doing it.

Central bank are a government agency to take care of financial system of a country and this world runs every government, thus I don't see in the future that we can fully get the freedom that we are looking, the government will not allow that as long as they have the power to create laws.
With their power, they can reject things that is not in favor for their agenda and worst thing is to make it illegal.

Yes, you are right - central banks are a tool for manipulating people. And this tool is in the hands of the government. And it is only interested in having full control over the citizens. Therefore, I am confident that central banks will never lose control

I agree with you as the central banks are just like soldiers who are dictated by the government to suck the money out of people and hence central bank will never ever lose control and they have authority to make illegal as legal and legal as illegal in simple words they can mould the law as per their convenient to rule with iron fist. Some are even planning to tern bitcoin as illegal but now it is not possible

It is the other way around governments are slaves to the bankers, bankers are the ones that tell the government how they will  like to shape the laws to their convenience, if governments make bitcoin illegal, make no mistake it will be because the bankers want it that way.

[bitbunnny]

I don't think they are losing control but they will have to change their behaviour and their rules. Cryptocurrencies, especialy Bitcoin has become inevitable part of finances and they can't ignore the fact that people are using it and that financial world is changing. So, the sooner they embrace that changes, the better for them.

[Gameroid]

Bitcoin appeared exactly in the year of the world's financial crisis and I am sure it appeared exactly with the target to skip the banking system and government's control. With bitcoin you are your own banker and i think bitcoin's spreading over the world makes banks to loose control.

i do not think that it is so easy, to me i think every government have full control over their fiat currency and currently bitcoin or any other fiat currency is not creating any problem for fiat currency anywhere.

[pokerplayer]

Yea they are loosing control and that can be good because we will not need so much banks anymore I really hate banks because they just want take our money with any way which they know.

[batang_bitcoin]

Eight years after the crisis of 2008-09, central banks are still injecting $200 billion a month into the global financial system to keep it from imploding.

Are central banks losing control?

Probably they are now and the lending system of each banks needed to be moderated by them or else worst situation will come again. Debt will always lose them in control. But I guess they know the risk and they are already doing something for the amount that they need to cope up.

[South Park]

I don't think they are losing control but they will have to change their behaviour and their rules. Cryptocurrencies, especialy Bitcoin has become inevitable part of finances and they can't ignore the fact that people are using it and that financial world is changing. So, the sooner they embrace that changes, the better for them.

But this is precisely the mistake they are doing, they think they make the rules but they don’t, bitcoin has showed to them that the people can make and change the rules themselves, that is why bitcoin is such a threat to them because they no longer have the control they thought they had over the economy.

[Pettuh4]

Eight years after the crisis of 2008-09, central banks are still injecting $200 billion a month into the global financial system to keep it from imploding.

Are central banks losing control?

I think they are but I don't know the extent to which they've list control but it might take some time before it becomes evident for all to see.

[deisik]

I don't think they are losing control but they will have to change their behaviour and their rules. Cryptocurrencies, especialy Bitcoin has become inevitable part of finances and they can't ignore the fact that people are using it and that financial world is changing. So, the sooner they embrace that changes, the better for them.

But this is precisely the mistake they are doing, they think they make the rules but they don’t, bitcoin has showed to them that the people can make and change the rules themselves, that is why bitcoin is such a threat to them because they no longer have the control they thought they had over the economy

That's the crucial point of your post

The problem with it is that they still have complete control over the economy, any way you look at it. Indeed, they don't have control over Bitcoin  but, honestly, do they really want it? Bitcoin is still essentially nothing in terms of real economy, its impact on it is massively inconsequential and miserable at best. There are only a few merchants that accept Bitcoin in the whole world, and this acceptance is in fact entirely nominal since they convert their Bitcoin proceeds into fiat right away

[bravehearth0319]

Cryptocurrencies are vastly superior to typical fiat currencies, but they are nowhere near as convenient at the moment. It will take a long time until a bitcoin world appears. For example, if you wanted to pay for a beverage like a Coke with Bitcoin, as of now it would be take around 30 minutes for the transaction to be confirmed, not to mention having to input the restaurant's address. It is just much quicker to hand over a note and get your Coke instantly.

But nowadays it will become  difficult to adopt by the masses of that kind of payment. if that's the case the people would get frustrate and disappoint of usage in bitcoin just for a coke only they need to wait 30 mins. for confirmation, that's totally holy cow So I think it will take more years before it become convenient for the bitcoin users. In my point of view then bank is also losing control in some other way too.