A look at the history of money creation by central banks for war-making. Exhibit A: Bank of England (1914).
“The government wanted to raise £350 million, but brought in less than a third of that. Officials worried that revealing the shortfall would hurt future capital-raising efforts, and help Germany.
So instead of allowing the disappointing truth to come out, the Bank of England secretly funneled money to hide the gap.”
#BitcoinNotWar
https://www.npr.org/sections/thetwo-way/2017/08/08/542238978/-financial-times-issues-103-year-old-correction
Scott / Scott Wolfe
npub15m…mq643
2024-04-14 20:19:34
Author Public Key
npub15m9yc697s82zzy652py0uddmpp5e9xl0920vg6lau9n39fnnzsys6mq643Published at
2024-04-14 20:19:34Event JSON
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"content": "A look at the history of money creation by central banks for war-making. Exhibit A: Bank of England (1914).\n\n“The government wanted to raise £350 million, but brought in less than a third of that. Officials worried that revealing the shortfall would hurt future capital-raising efforts, and help Germany.\n\nSo instead of allowing the disappointing truth to come out, the Bank of England secretly funneled money to hide the gap.”\n\n#BitcoinNotWar \n\nhttps://www.npr.org/sections/thetwo-way/2017/08/08/542238978/-financial-times-issues-103-year-old-correction",
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