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There Was No Place Like Canada

Speaking of myths about U.S. banking, another that tops my list is the myth that the Federal Reserve, or some sort of central-bank-type arrangement, was the best conceivable solution to the ills of the...

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That's Right: "Famously Sound and Famously Stable"

In one of my recent posts I observed, not only that Canada's ca. 1913 currency and banking system was sound and stable, but that it was "famously" so.  Many of my readers may wonder about that...

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