Gulf Business

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Occasions Calendar

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Moreover, at this level the cash that Treasury (the federal government) received from the banks in alternate for the securities is now freed from the debt the securities implied to the banks. What prevents folks from absolutely realizing we’ve got a fiat cash system is the truth that the money creator is quietly shopping for securities from banks and redeeming the debt of the government implied in borrowing using securities (IOU’s) bought to banks.business current events

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Business In Ghana

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