Οι τρεις εκπρόσωποι έγιναν τέσσερις ενώ ο Κλάους Μαζούχ δεν είναι πλέον στη ομάδα διαπραγμάτευσης των δανειστών. Τη θέση του πήρε ο Ράσμους Ρέφερ, επικεφαλής του Τμήματος Στρατηγικής Νομισματικής Πολιτικής, της σχετικής Διεύθυνσης της ΕΚΤ.
Υπενθυμίζεται ότι ο Μαζούχ πήρε προαγωγή, όπως και ο Ματίας Μορς και ο Πόλ Τόμσεν, αλλά στις πρώτες επαφές με την ελληνική αντιπροσωπεία θα παρίστανται και οι δύο, προκειμένου να γίνει ομαλά η μετάβαση, όπως λένε κύκλοι της ΕΚΤ.
Ο Ρέφερ θεωρείται «σκληρός» και λόγω της εμφάνισής του προκαλεί και κάποιο... δέος. Κάποιοι του έχουν βγάλει το παρατσούκλι «ζόμπυ»...
Επί τη ευκαιρία...
"The Federal Reserve is a fount of credit, not of capital."
[The New York Times, January 18, 1920 (editorial page, Paul Warburg***]
*** US Federal Reserve Board, President of the Federal Advisory Council, Chairman of the American Acceptance Council. From its organization in 1920 until his death in 1932, Chairman of the Board of the International Acceptance Bank of New York, the largest acceptance bank in the world. His brother, Felix M. Warburg, also a partner in Kuhn, Loeb Co., was director of the International Acceptance Bank and Paul's son, James Paul Warburg, was its Vice-President.
In other words:
The US Federal Reserve System will never add anything to the capital structure, or to the formation of capital, because it is organized to produce credit, to create money for credit money and speculations, instead of providing capital funds for the improvement of commerce and industry.
Again, simply stated:
Capitalization would mean provisioning of notes backed by a precious metal or other commodity. Reserve notes are un-backed paper loaned at interest.
Most comment that they cannot understand how the US Federal Reserve System operates. It remains beyond understanding, not because it is complex, but because it is simple:
If a confidence man comes up and offers to demonstrate his marvelous money machine, one may watch while he puts in a blank piece of paper, and cranks out a $100 bill. That is the Federal Reserve System. One then would be offered to buy this marvelous money machine, but one cannot. It is owned by the private stockholders of the 12 Federal Reserve Banks, whose identities can be traced partially, but not completely...
"The trick in the US Federal Reserve notes is that the Federal reserve banks lose no cash when they pay out this currency to the member banks. Federal Reserve notes are not redeemable in anything except what the Government calls 'legal tender'--that is, money that a creditor must be willing to accept from a debtor in payment of sums owed him. But since all US Federal Reserve notes are themselves declared by law to be legal money, they are really redeemable only in themselves . . . they are an irredeemable
obligation issued by the US Federal Reserve Banks."
As Congressman Patman puts it, "The dollar represents a one dollar debt to the US Federal Reserve System. The Federal Reserve Banks create money out of thin air to buy Government bonds from the United States Treasury, lending money into circulation at interest, by bookkeeping entries of checkbook credit to the United States Treasury. The Treasury writes up an interest bearing bond for one billion dollars. The US Federal Reserve gives the Treasury a one billion dollar credit for the bond, and has created out of nothing a one billion dollar debt which the American people are obligated to pay with interest." (Money Facts, House Banking and Currency Committee, 1964, p. 9)
And all that on an exponential interest rate...
