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Why Do Central Banks Exist

 
 
 
 
 
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michael s rozeff

by michael s rozeff

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By contrasting free market money and banking with State-controlled systems, we see that central banks exist to benefit the government, the banks that are cartelized, and the central bankers whose experts batten on the state system. I explain the myths of central banking and the seven key steps that states take to replace free market money with forced (fiat) currency.

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11/05/2009
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