[provolone]

Article sounds self-contradictory.

"...could threaten the ability of emerging market governments to control their monetary supply, the local means of exchange, and, in some cases, their ability to impose capital controls."

Read 'emerging' as 'failed centrally planned economy'. The self-described anti-monopolist is defending an failed state monopoly.

"After many mistakes, we have learnt that we want a central bank to act to increase or decrease the monetary supply in moments of contraction or expansion."

Yet he is railing against monopolies fueled by artificially cheap credit and stock buy backs.