Alton Drew posted: " The State sanctions a market for its currency and licenses private actors to buy and sell the currency. A market is a public, social program created to generate the transactions that lead to taxable revenue. Private actors participate in the program in e" Alton Drew In the end, banks are merely privateers. Alton Drew Dec 31 The State sanctions a market for its currency and licenses private actors to buy and sell the currency. A market is a public, social program created to generate the transactions that lead to taxable revenue. Private actors participate in the program in exchange for the right to earn interest and trading income from the spreads […] Read more of this post Like Manage your email settings or unsubscribe.

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