Post #972565
2026-04-05 17:30 UTC
Replies (1)
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@immobile@poa.st 2026-04-05 17:45
Central Banks are only subservient to BIS. You do not kill the snake by cutting its tail. "Iraq’s central bank governor was already meeting with the Bank of England in September 2025. Libya was admitted to the BIS in June 2024, invitation extended by the General Manager himself. The pattern does not hide. It does not need to. The mechanism is so boring, so technical, so wrapped in the language of “capital adequacy” and “banking supervision” and “financial stability,” that almost no one watches it operate. Fitts would not be surprised. She observed that the really important mechanisms of power are structured to be invisible — not through concealment but through tedium. The third rail carries the power, but no one watches it because the trains are more interesting. The tower in Basel still stands. The central bankers still gather there, every two months, behind doors no journalist may enter, producing no minutes, accountable to no electorate. The debts of nations are still denominated in currencies the debtors do not control and cannot create. The interest still compounds. The suffering is always real. The finance is designed so the house always wins. The only question that remains is which level of the fight you choose to see — and whether you are willing to look up from the spectacle in the ring long enough to notice the house taking its cut from every seat."