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Source link: http://archive.mises.org/19626/mises-daily-friday-december-02-2011/

Mises Daily: Friday, December 02, 2011

December 2, 2011 by

“Explaining Central Banks’ Gold Purchases” by David Howden

With the solvency of some large governments being increasingly questioned each day, investors and central banks alike are also questioning the value of their debts. While holding any real asset serves no direct use for a central bank, it does act as an insurance policy of sorts.

“The Origins of the Fed” by Ron Paul

Here’s how we got saddled with this monstrosity.

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