u/Ok-Rule-9888

Do central banks get involved in geopolitics?

Right now there is a riff between the EU and the US over the price of barrel and the whole “Europe doesn’t contribute to its defense and has to rely on the US for protection”.

What if the European powers decide to become less dependent on the US through creating markets for its products elsewhere? Like say…in Nigeria for example?

Can the EU central bank purchase the currency of Nigeria? Thereby increasing the value of the Nigerian currency and therefore Nigerian spending power and in the process devalue its currency to make its products cheaper? In that situation, wouldn’t it be able to export its products to said country (in this case Nigeria) and be able to grow economically while being less dependent on the United States?

If that is the case, can the EU central bank actually engage in a practice like this to advance geopolitical agenda? Or is it strictly limited to domestic inflation management?

reddit.com
u/Ok-Rule-9888 — 10 days ago

IT jobs that can be done remotely

I’m a desktop technician looking to move to an IT specialty that can be done remotely so I can live the digital nomad life.

However when it comes to work I find that the only freelance services that are related to IT that can be done remotely are either

Web development (maybe software development) in which a large portion of the tasks are being done by AI

Or cybersecurity (namely ethical hacking) which has legal problems if you are providing a freelance service from one country to a business in another

Are there any other IT related areas that can be done remotely in a freelance fashion from another country?

Thank you

reddit.com
u/Ok-Rule-9888 — 4 months ago