“Most people don’t realize that the central banks of Belgium, Japan, Greece, Switzerland, and South Africa are all publicly-traded. In times past, central clearinghouses were typically privately-owned while the issuance of bank-notes was the domain of competing banks. The fact that a few central banks still retain traces of their former private nature is a good reminder that centralized banking isn’t necessarily the domain of the public sector. Though the shareholders of the five central banks may to some extent ‘own’ their nation’s central bank, they don’t exercise the same degree of control over their company that regular shareholders do.”
http://jpkoning.blogspot.com/2013/02/central-banks-that-trade-on-stock-market.html
Related posts:
Arbitrary enforcement, secrecy, self-interest, and the loss of government legitimacy
Ron Paul: Government Policies Hurt Low-Wage Workers
The Muslim Holy War Against The 'Great Satan'
Hold US Policymakers to Their Abysmal Record on Foreign Meddling
Dealing with Cops These Days
Anthony Gregory: The Standing Army Marches On
About That Supposed Correlation of the U.S. Dollar and Gold....
Why a pizza can’t fly
Bill Bonner: Why do we have this credit-based money?
Detlev Schlichter: Some personal thoughts on surviving the monetary meltdown
The Fourth Branch: The Rise to Power of the National Security State
Jacob Hornberger: The Pipe Dream of NSA Reformers
Poor Economy = Low Gold Price?
A Nation of Rules: The US Justice System
Aye, Me Hearties—Why There’s Still Old-Fashioned Treasure Out There