Central Banks War Machine Government

Bitcoin Blowback Dollar Hegemony - Bitcoin Magazine: Bitcoin News, Articles, Charts, and Guides



Central banks are a fundamental reality of the modern world, but it was not always so. The Bank of England (BoE) was founded in 1694, the first modern central bank. The BoE was born directly from the monetary overreach of the Stuart monarchs. Their military and political ambitions were constrained by the financial power that they could legally wield. The Bank was the end consequence of a series of questionable acts to get their royal hands on the needed money. In that sense, 1600’s England sounds very much like something that bitcoiners and other Fed-watchers would understand.



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