Wednesday, July 25, 2012

Why do we need a central bank?

http://www.sovereignman.com/finance/why-do-we-need-a-central-ban/
Abolishing central banks and their core functions would have the happy and non-trivial side effect of reintroducing something akin to sound money into the world economy, rather than live with permanent inflation and have the entire economy held hostage by banking interests.

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