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Wednesday, December 7, 2011

What is a Central Bank?

A video explaining what a Central Bank is and how it was made. Every country has a central bank but the known Central Banks are; European Central Bank, Federal Reserve Bank, World Bank, IMF (International Monetary Funds).

The famous quote:

"I believe that banking institutions are more dangerous than standing armies... If the American people ever allow private banks to control the issue of currency... the banks and corporations that will grow up around them will deprive the people of their property until their children wake up homeless on the continent their fathers conquered."

- Thomas Jefferson (1743-1826)

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