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Control of Credit a Basic Question
An article by Virgil Jordan in the Banking publication argues that the United States faces a clash between an enterprise system driven by individual initiative and a compulsory state collective security model seen in Europe. He contends nationalized credit under government banking concentrates power, risks currency depreciation, and uses credit as a political tool risking expropriation of savings.
MENTIONED IN THIS ARTICLE
America
Virgil Jordan
National Industrial Conference
Vican Bankers Association
Mr. Jordan Sus
United States
S*ve Sociey
Jordans
Thes
Jordan