- To the rest of us who are not central banksters: “Negative equity” and “Insolvency” mean – I am BANKRUPT!
- In 20 Words The ECB Explains The Business Model Of Every Central Bank
by Tyler Durden, www.zerohedge.com
… The second highlight comes from footnote 7, which tells you all you need to know about the “business model” of all central banks, and specifically why they can never go “insolvent” – they can and will just print their way out. To wit:
“Central banks are protected from insolvency due to their ability to create money and can therefore operate with negative equity.”