Banking Bunkum

ARTICLE - The Asia Times takes a look at central banks and suggests they have similar characteristics to libraries, where books and money serve the same purpose. They also tell us that ex Federal Reserve chairman Paul Volcker once said "central bankers are brought up pulling legs off of ants".

Originally published in the Asia Times by Henry C K Liu, 6 November

Central bankers are like librarians who consider a well-run library to be one in which all the books are safely stacked on the shelves and

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