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techno:
This might not be how it happened, but I have met MANY people in my life who believe it to be true.
Right, and establishing whether or not that is true with some reasonable confidence would be interesting.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes
by Migeru (migeru at eurotrib dot com) on Tue Apr 8th, 2008 at 05:36:53 AM EST
[ Parent ]
The folks who believe it true present as their evidence the extensive writings of Ben Franklin and his criticisms of the Bank of England.  Also the instructions in the USA Constitution concerning monetary policy.  I am also old enough to remember when men here in the Midwest weren't considered serious men of affairs until they could defend some complex monetary theory.  So it is not like this topic hasn't been covered. I just was trying to avoid opening THAT can of worms.

"Remember the I35W bridge--who needs terrorists when there are Republicans"
by techno (reply@elegant-technology.com) on Wed Apr 9th, 2008 at 02:58:32 AM EST
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