NATURAL INTELLIGENCE as the basis of a trading system - page 80
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Have you seen a car with a green stripe outside the banks in the mornings? - These are the money collectors, and they are the ones who bring in the money.
The distinction between cash and non-cash is from the days of the post-perestroika war economy and gangsterism. Normally, all paper money must be backed by the corresponding real goods: banknotes.
Is it cash collectors who transfer money between customers' bank accounts?
And when I pay in a shop with a plastic card, do the collectors of the bank where I have an account also rush to the bank where the account of the shop is? ;)
Do collection agents transfer money between customers' bank accounts?
And when I pay with a plastic card in a shop, do the collectors of the bank where my account is held also rush to the bank where the shop's account is held? ;)
The money will be taken from the bank which holds your card to the bank which uses the shop. But everything is optimized - no one will come at once.
If both accounts are in the same bank - of course no one will go to the store to move the money from one shelf to another:-)
I remember the Bank of Japan quietly lowered the yen and demand for it did not go down. FOREX is not a market.
The central bank of Japan has long unsuccessfully tried to depreciate the yen, but failed. It is further proof that central banks are not gods, but humble market participants. Every country is interested in keeping its currency low, and the BoJ has intervened massively to weaken it, but Japan's exports to the US are so large that it has had no serious effect - demand has remained consistently high.
Today, the Bank of China is fiercely clinging to the fixed-low renminbi exchange rate by bluntly stashing money, thereby spinning the inflation flywheel in the country and buying up dollars on the market, i.e. the Bank of China is supporting the US dollar exchange rate. But even the Chinese Central Bank cannot do this. They have already had to raise the yuan several times.Now you're talking about education. Did you know that Soros has a degree in economics? Did you know that he believes that economic theory is wrong?
Did Soros tell you this in person? Which of the many economic theories he considers wrong, and why don't you think Soros is wrong on this issue? Just because he has successfully speculated big time several times in the past does not make him infallible.
Do collection agents transfer money between customers' bank accounts?
And when I pay with a plastic card in a shop, do the collectors of the bank where my account is held also rush to the bank where the shop's account is held? ;)
And how was the settlement of money in the Middle Ages, when there were no plastic cards or even electricity? Did everybody carry sacks of gold? Or were there tools of some kind? Letters of trust, references, promissory notes... "The bearer of this letter is a long-standing customer of the Bank of London, requesting the release of money at his request..."
Credit card payments take three to six months to circulate, money you pay with your credit card in a shop today will not reach your account in a very long time. So no one is going anywhere...
And how interesting was the settlement of money in the Middle Ages, when there were no plastic cards or even electricity. Did everyone carry sacks of gold around with them? Or were there tools of some kind? Letters of trust, references, promissory notes... "The bearer of this letter is a long-standing customer of the Bank of London, requesting money at his request..."
Read about the Templars.
https://ru.wikipedia.org/wiki/%D0%A2%D0%B0%D0%BC%D0%BF%D0%BB%D0%B8%D0%B5%D1%80%D1%8B
Это Сорос вам лично сказал? Какую именно из многочисленных экономических теорий он считает ошибочной, и почему вы не думаете, что Сорос ошибается в этом вопросе? То что он в прошлом несколько раз удачно спекульнул по-крупному не делает его непогрешимым.
You can read it yourself, why should I repeat it?
Read about the Templars.
https://ru.wikipedia.org/wiki/%D0%A2%D0%B0%D0%BC%D0%BF%D0%BB%D0%B8%D0%B5%D1%80%D1%8B
You should read something too: http://www.denznak.ru/history/11/
So, all actually walked with bamboo sticks, or will walk with them soon, which is the most probable :o)
to timbo
You got it right, respect.
:о)
The money will be taken from the bank where your card is kept to the bank used by the shop. But everything is optimised - no one will go at once.
If both accounts are in the same bank - of course no one will go to the store to move the money from one shelf to another:-)
Thank you for the enlightenment, and if I train a bit, I will learn to imagine the cash collection trucks carrying banknotes all over the eurozone as confirmation of completed money transfer transactions. :)
Surely they don't move them from shelf to shelf? ;)