July 4th? It’s bank independence day!


July 4 is always when my American friends give Britain the middle finger and proudly celebrate Paul Revere’s midnight ride that led to Independence Day on July 4, 1776. Great … but what about bank independence day? Most central banks, including the Federal Reserve, are independent of government control. Why and, more importantly, why is…

The post July 4th? It’s bank independence day! appeared first on Chris Skinner’s blog.


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