Re:Across the West powerful firms are becoming even more pow...
by JumpCrisscross on Friday November 16, 2018 @09:37PM
(#18473589)
> if the Secretary of the Treasury asked all the banks to stop electronic transactions for a legitimate reason, I'm sure they'd comply
“Franklin Delano Roosevelt proclaimed a Bank Holiday...that shut down the banking system” in 1933 [1]. This is an old power pre-dating our current hyper-centralised banking system.
“Franklin Delano Roosevelt proclaimed a Bank Holiday...that shut down the banking system” in 1933 [1]. This is an old power pre-dating our current hyper-centralised banking system.
[1] https://www.newyorkfed.org/research/epr/09v15n1/0907silb.htm...