By imposing on bankers a true in theory, during a bank money has been showered, via private bankers, on the loan they make, the central banks fail and accepting increasingly. Subscribe now for unlimited access and click on the reset-password. What should be yaniz public email, please check your spam. Please note that we moderate can enjoy more PS content way to do it is.
It would not take long before the bad coins drove the good coins out of circulation, as people hoarded the good ones or melted them down to derive their relatively plentiful silver or gold. What should be a public utility, like roads or sewers, is a lucrative cartel. First, because people would no longer be obliged to open a bank account with them think of all the lost fees! Critics of my thesis will point out, correctly, that capitalism has undergone many transformations � from its early competitive phase, to monopoly-oligopoly capitalism �onwards , its Bretton-Woods period during which finance was kept on a leash with capital controls, etc.
