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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 by PhCrawford on Mon, Sep 15 2008
  • Federal Reserve & Bank of England

    There is a large case against the Fed, it's excess credit creation has led to bubbles, they burst, which lead us to painful times. My question is this the same case for Britain and the Bank of England? Our property bubble has been massive and has started to pop, I'm not actually sure if it's...
    Posted to Economics Questions by garagemc on Fri, Aug 15 2008
  • Has India disproved Friedman on Inflation?

    Someone slapped me this article when I was trying to explain him that inflation is caused by Money Supply. Now this author is a research fellow in Cato institute and quite recognized in India. Just wanted to know the response of you guys. Do you really think that Inflation being solely caused by money...
    Posted to Economics Questions by prashantpawar on Wed, Apr 16 2008
  • Blueprint for Financial Regulatory Reform

    In the midst of our economic slowdown, the U.S. Treasury Dept has issued what they are calling the "Blueprint for Financial Regulatory Reform". The highlights, as given by an article on Yahoo!'s website , are as follows: --designate the Fed as the primary regulator for market stability...
    Posted to Economics Questions by Sailor on Sun, Mar 30 2008
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