Hat tip Karen De Coster at Lew Rockwell Blog
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This germane quote from the great Murray N. Rothbard tells us why too big to fail banks is the direction of central banking policies,
The fewer the number of competing banks in existence, the easier it will be to coordinate rates of expansion. If there are many thousands of banks, on the other hand, coordination will become very difficult and a cartel agreement is apt to break down
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