Prabhat Singh explains how governments derive so much power due to their control over currency . He explains this uniquely via a question and answer session between two friends.
Superb bit. Couldn’t be a better way. It is a pity that even most economists do not get these basic ideas..
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This entry was posted on February 2, 2017 at 8:27 am and is filed under Central Banks / Monetary Policy, Economics - macro, micro etc. You can follow any responses to this entry through the RSS 2.0 feed.
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