Central Banks Are Becoming "Geopolitical Stewards"

A transformation for monetary authorities

A steward looks after something and tries to protect it:

• passengers on a plane

• rental properties of a company

• bank accounts of various parties

On the world stage, stewards act in similar ways, just on a far bigger scale:

• The UN attempts to manage everything from disease to war to the rule of law, to ensure countries are not overrun with challenges and destruction.

• SWIFT ensures that money can move across the globe without interruption and that international trade and commerce operate smoothly.

• Countries like the US or China have an “unofficial” responsibility to put out global fires, as their economic weight makes them captains of the world.

This has been the state of play so far. However, with geopolitics entering a new chapter, stewards on the world stage are tasked with new responsibilities. In parallel, a new set of stewards is emerging to guide nations through the geopolitical storms of today and tomorrow.

One of these new stewards is central banks.

As geopolitical pressures mount, central banks are becoming “geopolitical stewards.”¹

---

🦃🇺🇸 US THANKSGIVING FLASH SALE—JUST 21 CENTS A DAY!

For a limited time, get 20% off an annual subscription to Mr. Geopolitics! That brings the price to just 21 cents a day, providing you with daily strategic guidance on geopolitics plus access to hundreds of previous insights.

Don’t tell your friends. Offer expires December 1st.

---