Central banking as a printing business

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Central banking as a printing business

« on: April 26, 2021, 07:03:56 AM »

Central banking as a printing business

Joseph Mubiru (1929-1971), was the pioneer Governor of the Bank of Uganda. A highly competent technocrat, he was once ordered to print some money by the country’s military strongman General Idi Amin, to which he politely refused. On professional grounds. He was dismissed and later assassinated. Central bankers live in a gilded world. But their…

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