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Central Bank

2015-07-09T11:30:17Z

Nadya:

Use of Central Bank money to pay Country obligations[edit] I would like to see a clarification about using Central Bank money to pay countries obligations. For example in Argentina the government is using part of the reserves to pay part of the country debt (formally I think this must be approved by the congress). How is the situation in other countries? —Preceding unsigned comment added by 190.16.236.74 (talk) 05:00, 14 October 2008 (UTC)

State-owned vs privately-owned[edit] It would be interesting and very informative to classify the banks as either state owned or privately owned. I know the distinction between the two is not always so obvious, but I'm sure some kind of a compromise can be made.

I did a good amount of googling to find out those I didn't already know.

State owned and controlled banks[edit] Bank of Cuba Bank of Libya I also believe that these are:

Central Bank of the Islamic Republic of IRAN Central Bank of the Democratic People's Republic of Korea (north korea) Norges Bank (Bank of Norway) "Norges Bank is a separate legal entity owned by the state." Independent banks[edit] (where the 'democratic' bodies of government might or might not have some kind of saying, these could be separated into two categories)

Federal Reserve Bank of Canada Bank of Britain Bank of France Bank of Sweden & Bank of Finland Deutsche Bundesbank ('Bank of Germany') Bank of Saudi Arabia Banco Central de Chile (Central Bank of Chile) Bank of Japan 82.46.234.167 22:33, 6 February 2007 (UTC) NB "Bank of Britain" does not exist - should be Bank of England

I'm sorry, but it says almost everywhere I look on the internet that the Bank of England is nationalised http://www.bankofengland.co.uk/about/parliament/index.htm and "wholly-owned by Government". Isn't that the same as state owned? In fact I am trying to find a central bank that is not priately owned apart from the Fed. Any help? User:Pzyktzle 07:20, 23 March 2008 (UTC0) YOu have to draw a distinction between state-owned and government-controlled here. The Bundesbank, for instance, is, and has always been, state-owned - the German Federal Government is its only shareholder, and the bank pays out its annual profits to the government. In its day-to-dsay operations, it is autonomous, however, and legally prohibited from taking instructions from the government or any other German public body. The Bank of England was nationalised in 1946, but granted independence only in 1997. SchnitteUK (talk) 22:11, 14 July 2010 (UTC) Those I couldn't figure out at all[edit] State Bank of Pakistan (the name could implify state ownership) Central Bank of Syria ("The Central Bank of Syria is an independent public sector establishment operating under the guarantee of the state , and within the guidelines issued to it by the Council of Ministers . The Capital of the bank is fully subscribed by the state.") According to this, a good thumb rule seems to be that those counties treatened or blockaded by the U.S. have fully state owned central bank, except in Norway.

Any thoughts or opinions on this?

Only these: that in those cases where the bank does operate efficiently as an instrument of national policy, you may be looking at a national bank as opposed to a "central bank," -- and how ironic it would be if the U.S., which pioneered the concept of a national bank, were to have gone full circle to trying to suppress those impulses in other nations. --Herschelkrustofsky 10:59, 14 Oct 2004 (UTC) There is nothing truly national about the Federal Reserve, it is a private corporation. Just like the Bank of England. Although it seems that way, intended apparence, it is a private corporation with shareholders. The reason of the countries without a central bank (private corporation) being threatened and blockaded is just that. It has been going on a long time, financiers have financed nations in war thereby always winning, because both sides endebt themselves. Then, these people implant a financial power structure thanks to the debt nations hold towards them. Much of the west is controlled in this way as is Japan and others. So they want their elitist oligarchic power structure in other nations that don't have it yet, no matter what the cost. The madness of grandeur. Pepitopax 20:39, 15 April 2006 (UTC) Use of Central Bank money to pay Country obligations[edit] I would like to see a clarification about using Central Bank money to pay countries obligations. For example in Argentina the government is using part of the reserves to pay part of the country debt (formally I think this must be approved by the congress). How is the situation in other countries? —Preceding unsigned comment added by 190.16.236.74 (talk) 05:00, 14 October 2008 (UTC)

State-owned vs privately-owned[edit] It would be interesting and very informative to classify the banks as either state owned or privately owned. I know the distinction between the two is not always so obvious, but I'm sure some kind of a compromise can be made.

Any thoughts or opinions on this?

Only these: that in those cases where the bank does operate efficiently as an instrument of national policy, you may be looking at a national bank as opposed to a "central bank," -- and how ironic it would be if the U.S., which pioneered the concept of a national bank, were to have gone full circle to trying to suppress those impulses in other nations. --Herschelkrustofsky 10:59, 14 Oct 2004 (UTC) There is nothing truly national about the Federal Reserve, it is a private corporation. Just like the Bank of England. Although it seems that way, intended apparence, it is a private corporation with shareholders. The reason of the countries without a central bank (private corporation) being threatened and blockaded is just that. It has been going on a long time, financiers have financed nations in war thereby always winning, because both sides endebt themselves. Then, these people implant a financial power structure thanks to the debt nations hold towards them. Much of the west is controlled in this way as is Japan and others. So they want their elitist oligarchic power structure in other nations that don't have it yet, no matter what the cost. The madness of grandeur. Pepitopax 20:39, 15 April 2006 (UTC) Use of Central Bank money to pay Country obligations[edit] I would like to see a clarification about using Central Bank money to pay countries obligations. For example in Argentina the government is using part of the reserves to pay part of the country debt (formally I think this must be approved by the congress). How is the situation in other countries? —Preceding unsigned comment added by 190.16.236.74 (talk) 05:00, 14 October 2008 (UTC)

State-owned vs privately-owned[edit] It would be interesting and very informative to classify the banks as either state owned or privately owned. I know the distinction between the two is not always so obvious, but I'm sure some kind of a compromise can be made.

Central Bank

2015-07-09T11:29:56Z

Nadya: