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Originally Posted by Hank
What you say may be true, but it presupposes that the "true" purpose of the euro was revealed by the rhetoric supporting it creation.
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To me, central banking is a backdoor way of the government taxing citizens and the banking industry socializing its risk. It's an inherently immoral institution.
The argument in favor of it comes from:
1. People that do not understand it
2. People want to expand the size of government without asking citizens for the taxes to pay for it. They would take it from them via inflation because they won't understand it.
3. Bankers and Wall St types that want to pillage the rest of us
