Author: Jaromil Date: To: System undo crew Subject: Re: [unSYSTEM] Ecuador Digital Currency
On Sun, 31 Aug 2014, Amir Taaki wrote:
> Thank you. Good to know.
these are all points of view, I wouldn't take Marco's account as a
source of ultimate information. I also don't think he is lying to
discredit Ecuador, because a monopoly on violence will always have such
flaws.
Yet, out of naivite' I think the move they have made in Ecuador with the
Banco central and the next move with Banco del Sur is moving the
geopolitical axis big time, ruling the US/EU egemony out of certain new
financial pipes being formed in the south of the world.
Will this affect our freedom? hardly. But it is fashinating and it does
not have necessarily to be liquidated just because, obviously, all
presidents in chief of a military army are shit no matter what.
The narrative is that of liberation from colonialism of the central bank
of Ecuador and is a bold move without many precedents (maybe just
Iceland): they did kick out World Bank and IMF thugs and now look at new
constituencies. All this is being criticised enough by the WSJ and NYT
to the point I suggest we wait and see without too many prejudices and
separating clearly the narrative of big state powers from that of
emergent constituencies that start also within those systems.
At last, I have met the Ecuadorian vice-minister to development 2 days
ago in BXL and talked extensively about these issues. Believe me when I
say they know what they are doing, but yes the view is that of a
centralized bank - which for the first time in the history of its genre
is working to *change* things, rather than keeping them the same as
every other central bank ever did.