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  • Re: Why have a Central Bank?

    Ron, You are quite right about both Rothschild's quote and your statement that Britain does not have a 100% reserve system. Private banks played an extremely important role in financing nations and issuing their currencies in the 19th Century, and the Rothschild's among others profited greatly...
    Posted to Economics Questions (Forum) by PhCrawford on Mon, Sep 15 2008
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