Sometimes complex questions, if not properly posed, are immune to solution notwithstanding massive computational capacity. I have been reminded of that recently when trying to help my 12 year-old son with his mathematics homework - rather unsuccessfully I might add. But some years ago I found myself in a situation more directly germane to the topic at hand, attempting to answer the question "Do Central Banks Need Capital?¹". As that paper began to take shape it became evident that the question