This persistence as private firms continued because it ensured the maximum of anonymity and secrecy to persons of tremendous public power who dreaded public knowledge of their activities as an evil almost as great as inflation.
Thus the use of fiat money is more justifiable in financing a depression...
Belief and knowledge are considered to be two different things. But they are...
Parents don't understand kids and kids don't understand parents. My parents were divorced when I was really young and I went to live with my dad.