Posts Tagged ‘central bank’

  • bank..16554_4.9_000012530676XSmall

    Financial Intermediaries: Banking Matters

    Jun 11, 13 • 378 Views • No Comments

    Imagine selling your house without depositing the money in a bank or taking your savings with you wherever you go. In Myanmar (Burma), this seemingly irrational behavior has been logical. In 1987, when Myanmar’s socialist government became concerned...  [read more]

  • War and Money

    Mar 7, 11 • 230 Views • No Comments

    A ship carrying freshly printed Libyan currency was intercepted near the coast of Great Britain. Assuming that it would be used to fund the Gaddafi regime, the British seized the cash and stored it in a “secure location.” Like many nations, Libya...  [read more]