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Re: tynich01 post# 3346

Tuesday, 08/06/2013 6:45:51 AM

Tuesday, August 06, 2013 6:45:51 AM

Post# of 12545
It was forced to close in 1918 due to falling metal prices and a shortage of supplies. What was the politac rif-raf like??? Banking reform... Wilson believed the gold standard was too inflexible and that banks served the wealthy..Wilson rejected the Republican proposal for a private national bank... Wilson proposed a national banking system... 12 district banks... Each banked supervised by the federal reserve board... Began the use of federal reserve notes (dollar bills) issued by the federal reserve bank! in other words off the gold standard! It is rumored China wants to go on the gold standard FYI.