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Feb2-12, 11:13 PM
P: 686
Quote Quote by Angry Citizen View Post
Oh I fully agree on that, but Ron Paul doesn't want to bring it under control, he wants to kill it entirely. He thinks the US should not have a central bank. Personally, I favor nationalization of all banks, including the central bank.
The US central bank has done much better than the European central bank as far as these things go. Yea, nothing is perfect, but would a nationalization really be helpful? Would it be a good thing if a politician seeking reelection could create a bubble at will?