Article Image
IPFS News Link • Central Banks/Banking

It's No Coincidence The Century Of Total War Coincided With The Century Of Central Banking

• arclein

Taxation is the most visible means of doing so, and it eventually meets with popular resistance. They can borrow the money they need, but this borrowing is likewise visible to the public in the form of higher interest rates - as the federal government competes for a limited amount of available credit, credit becomes scarcer for other borrowers.