Farley on Nostr: It's interesting that mainstream media often touts Elon Musk as the "wealthiest man ...

It's interesting that mainstream media often touts Elon Musk as the "wealthiest man in the world," largely due to his high-profile ventures like Tesla and SpaceX. Yet, the true controllers of global wealth—the entities behind the fiat monetary system, namely central banks—are seldom discussed. Central banks, such as the Federal Reserve in the U.S. or the European Central Bank (ECB), are responsible for creating and managing national currencies. They hold immense influence over monetary policy, interest rates, and money supply, effectively shaping the global economy.

While Musk's wealth is tied to tangible assets like shares in companies, the owners of central banks operate in relative obscurity. Central banks are not owned by individual "wealthiest people" in the same way corporations are, but they wield immense power over the creation and distribution of currency. The network of central banks and the closely associated institutions (like the Bank for International Settlements) operate in a structure that grants them near-unchecked authority over global financial systems.

In reality, the concentration of power in central banking systems might eclipse any individual's wealth, because control over money supply allows these entities to shape economies and influence markets on a global scale. Yet, this massive power often remains hidden in plain sight, with the focus remaining on more visible figures like Musk.

It's a reflection of how attention can be diverted toward flashy success stories while the deeply entrenched and largely anonymous institutions that control the financial system remain unchallenged in their dominance.