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Sunday, December 27, 2009

Central Bank Is Anti-Free Market

A huge fear of any central bank is that the people will lend their profits to each other- thus eliminating demand for the debt offered by the central bank. That would create a true free market, as you point out- the central bank is anti-free market. Their ambition is to establish monopolistic control over the supply of credit, centralized in one money center: NYC.

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