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Countries with NO central bank.

I'm making a list.

Please add a country if you know for sure.




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New Guinea....

That country who now has the Dinar also.

New Guinea and Ecuador....Always an option.

Moderators: Disinformation troll alert.

Both Ecuador and New Guinea do have central banks.
http://en.wikipedia.org/wiki/Bank_of_Papua_New_Guinea
http://en.wikipedia.org/wiki/Central_Bank_of_Ecuador

SimpleSam is a disinformation troll. At least 9 out of 10 of his posts are designed to make the DP look uninformed or crazed. The other 1 in 10 will be feeble-minded cheerleading.

Recommended reading: The Most Dangerous Superstition, http://www.amazon.com/Most-Dangerous-Superstition-Larken-Ros...

Perhaps the question should be.....

What countries do not have a PRIVATELY owned central bank?

Iran and North Korea appear to have central banks that are owned by their own governments and NOT private entities like our Federal Reserve. Hmmm...maybe THAT is the reason our govt is demonizing those countries and insisting they are a threat? They won't go along with the one world government idea!

"We need to attract people who create more light, than heat" (Fortune cookie-8/14/2001)

Sweden

I think Sweden has an entirely independent central bank. Outside the sphere of Parliament.

donvino

They're all Muslim, I can

They're all Muslim, I can tell you that much, considering the Qur'an strictly forbids usury -- a main tenant of Kabballistic black magic.

excuse me but, where is your proof for this statement?

"usury -- a main tenant of Kabballistic black magic"

Read:

Read: http://en.wikipedia.org/wiki/Islamic_banking

usury is a banking term

I know what usury is thank you very much

where is the proof about it being a tenant of Kaballism?

Also can you tell me more about this so called black magic??

I am not well read in black

I am not well read in black magic or Kaballism. LOL!

That's the Empty Set right now isn't it?

A dual-tier fiat system of central bank paper securitized by interest-bearing treasury debt is the global norm.

Since the Nixon Shock in 1971, the whole planet is on total fiat money.

The inflation and government expansion this caused are all too obvious.

They Ugly Truth, Though Obvious, We Must Not...

[ To be continued... ]

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

my friend

Sunny there will come a day when no country on this planet will have a "central bank".
Beings in upper part of the Universe know this truth already on this day.

Love Liberty Peace!

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

Sunny will stand in awe! No Central Bank. New : "Honest Bank"

I thank you & Sunny for bringing this to my attention.

Sunny... will be the day, when we have honest banks.

-

"Honest Bank"... Sorry, no such Banks found...

Did you mean, Dishonest Bank" ?

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

A definitive answer

Can be found here: http://en.wikipedia.org/wiki/List_of_central_banks
Only Andorra and Monaco are completely free of central banks. Panama does not have an "official" central bank or print its own money (US dollars are used), but the Banco Nacional de Panamá is government-owned and operated.

Recommended reading: The Most Dangerous Superstition, http://www.amazon.com/Most-Dangerous-Superstition-Larken-Ros...

Andorra and Monaco have the Euro as a defacto currency.

So the ECB is still running the show.

So the next question, are they sovereign banks

So the next question, are they sovereign banks? Meaning are they solvent or indebted.

What is the list of debtor central banks and what is the list of creditor banks.

These measures must be made by Austrian money supply metrics. Real money reliably extinguishes debt. http://mises.org/daily/4297

The other part of this thread discusses rogue nation status and suggests that invasion and occupation are being used to protect the dollars status. How long can we afford to support the dream of a sound fiat currency using methods that lead to fiscal and moral bankruptcy?

This was reported by Karen Kwiatkowski in 2205 http://www.lewrockwell.com/kwiatkowski/kwiatkowski128.html

Saddam Hussein decided in November 2000 to sell his Food for Oil program oil sales in euros. The oil sales permitted in that program aren't very much. But when the sanctions would be lifted, the sales from the country with the second largest oil reserves on the planet would have been moving from the dollar to the euro.

President Theodore Roosevelt created a Monetary Commission to investigate the "money" problems of 1907. Monetary Commission Chairman Senator Aldrich drafted the Federal Reserve Act. Is this trust-buster double-talk? By his actions the Money Trusts were given the consent by government to do as they pleased.

President Woodrow Wilson signed the Federal Reserve Act of 1913 into law.

President Franklin Roosevelt by executive order in 1933, forced everyone to turn in their gold for Federal Reserve notes. He made possession of Constitutionally approved money "illegal" by presidential decree.

President Lyndon Johnson removed the silver from our common currency in 1964. This left the US with token money for dimes and quarters.

President Ronald Reagan accepted token pennies in 1982 when the penny was debased with zinc.

Today only the nickel is worth its weight in 2010 dollars. http://www.coinflation.com/

Pretty sad state of affairs.

Free includes debt-free!

Paul, ... It was Paul Warburg that copied the "Bank of England"

Attention: Paul_S

cc: DailyPaul

Subject: President Theodore Roosevelt created a Monetary Commission to investigate the "money" problems of 1907.

I lost the "slathers of money" in 1907. Earned such money decades prior by writing "Tom Swayer" & other adventures. Alas, my money had a way of finding another rightful owner quicker than... well, let's just say, "fast." Much of my money was lost (let's say "deposited") into the Knickerbocker Trust. JP Morgan & the Boyz told vicious fibs about that Trust's impending demise. His own bank was of the same ilk; but, his spun vainglorious rumors about his own bank.

Monetary Commission Chairman Senator Aldrich [reportedly] drafted the Federal Reserve Act. Not really the case. Paul Warburg brought a copy of the English Central Bank Charter. Paul made a few editorial changes, and in desptic modesty, he insited Congressman Vreeland & Senator Aldrich call it their own.

The Federal Reserve Act, 1913
Jekyll Island Mystery Cast Party, 1910

  • Paul Warberg, Playwrite & Assistant Director
  • Lead Political Co-Star Stage Actors (as themselves)
    • Congressman Vreeland
    • Senator Aldrich
  • Supporting cast & stage hands also attended
  • Director, JP Morgan
  • Producer, President Woodrow Wilson
  • Sponsor, Bank of England [ Major funding brought to you by... ]
  • Copywriter, Bank of England

ALDRICH-VREELAND ACT, an emergency currency law enacted May 30, 1908.

This act was panned (some reports planned) out by very bad, thieving Banks settling scores after their panic of 1907. They foist upon the land elastic currency (stretchable cash). They codified national banks to plague (aka: issue) additional currency on bonds of states, cities, towns, and counties. This bad Actor's Guild also cast the National Monetary Commission to thieve (aka: investigate) monetary systems and banking abroad and to swindle (aka: advise) Congress on their recast (aka: reform) of American money into Banker "Legal Tender" (aka: American Banking System). The commission fronted the creation of the Federal Reserve System by the Federal Reserve Act of 1913 (seldom known as: the Glass-Owen Act).

I was otherwise engaged & could not attend these capers .
=================================

Paul_S questions:
"Is this trust-buster double-talk?" Roughly, yes.

"By his actions the Money Trusts were given the consent by government to do as they pleased." He was a co-star in the Congressional Stage Production (the Act).

"President Woodrow Wilson signed the Federal Reserve Act of 1913 [mystically] into law." [ Blinded by Hope & Change, blackmailed & confused. ]

"President Franklin Roosevelt by executive order in 1933, forced everyone to turn in their gold for Federal Reserve notes. He made possession of Constitutionally approved money "illegal" by presidential decree." Roughly, ugly enough.

"1933, forced everyone to turn in their"... Ugly, but an exaggeration. It was focused on removing gold from contracts and large business transactions. Most folks did not comply.

Historical accounts differ widely.

Regards,

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

if Knickerbocker hadn't promised money they didn't have.

They could have covered the run. I think competition is grand.

Most never learn. Sorry about the transfer of your wealth.

Free includes debt-free!

Thanks Mark.

One comment. Teddy created the Monetary Committee and Aldrich was the chair. The Committee produced the Federal Reserve Act as their recommendation. How they did this deed while licking their chops and rubbing their hand together in greedy pleasure is a mystery. There was a whole slew of wolves at that door and they were welcomed.

Had you read of this meeting? NYT December 3, 1907 http://query.nytimes.com/gst/abstract.html?res=9D04EED6103EE...

Free includes debt-free!

1907, NY Times: Wrote to Editor about those rascals. DANGER!

I typed my editorial response to the New York Times & delivered via page boy to be sure they reported correctly. Documents are in trust with DailyPaul.com, 2010.

I probably read the article you reference with my morning coffee in December, 1907. As I was very alarmed Knickerbocker Trust just lost $50,000 of mine in their copper bullion speculation mischief, I very likely read it with great interest (not excessive interest as claimed in the article).

Knickerbocker Trust copper options trading is what JP Morgan used to bring them down. It was an event that rhymes with current history. Knickerbocker Trust & what was left of my coin went into "receivership." Very little came out. Would have been cheaper to hire a harem.

JP & friends took down Knickerbocker Trust, 1907, in much the same way as JP & Goldman Boyz took down Bears & Sterns, 2008. 1907: Copper... 2008: Gold & Silver.

Jacob Schiff warned of these 1907 disasters one year early, 1906. He notes "insufficient circulating (velocity) or insufficient elasticity (printing "legal tender"; aka: quantitative easing).

Peter Schiff warned of the current disasters years in advance. Many speeches & editorials 2005 - 2007. Again, history rhymes.

Frank A. Vanderclip, x-US Treasury & banker, et al, "confidence, 1907. Hank Paulson, x-US Treasury & banker, et al, 2008.

Your comment: "Teddy [ Roosevelt ] created the Monetary Committee and Aldrich was the chair."

I respected President Theodore Roosevelt, until I was shocked by the "Treaty of Paris, 1898." It settled the Spanish American War. News reported we won. I was pleased. But, the treaty said we bought the victory & islands Philippines & Cuba for $20 million. See my "Eagle Talons..." Philippines quote. Anyway, Theodore Roosevelt was all for charging up hills on ponies. He was not a sitting president. He was not one for creating committees.

Manifest Destiny Be Damned!

Bank of England Arrives in NY...
Paul Warburg Sails without Manifest!

Agents of the "Bank of England" imported that miserable "Federal Reserve Act." The did not report it on the ship's manifest, but it was to subsequently completely eviscerate our monetary system!

Paul Warburg brought "Bank of England Charter" across the Atlantic Ocean, with ship rats. Made editorial changes to suit other rascals. It still was infested with rats & stank.

"Aldrich was the chair." Paul_S, you have talent. You can write news. Bit of an exaggeration, but rings true. He was the whip rounding & squaring up votes in the Senate.

Edward Vreeland was the whip rounding & squaring up votes in the House.

The Monetary Committee produced nice banquets & toasts. Their production was ordained by the "Bank of England. Federal Reserve Act was not produced. It was copied over from the "Bank of England Charter." Their recommendation was bought & paid before their first morning coffee.

"Mystery" No. Confused history published to create the fog of Banking. Akin to the fog of war.

"Wolves" Yes. There were packs of wolves running Wall Street with abandon, since well before 1773.

Robert Morris, First Continental Congress Treasurer was an agent of "The Bank of England." US Banking has been as see-saw since the arrival of the Pilgrims, Plymouth, Massachusetts, 1620. Perhaps earlier events occurred in New York City.

The trail of "Legal Tender" is a soggy "Liquidity" slog. Fire risk when paper & cotton cash is hung out to dry!

DANGER!

Entering Paper & Cotton Zone
CAUTION: Slippery when wet;
Fire Danger when dry.

Reminds me of, "The Night thy Burned Old Dixie Down."

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

wiki dot com

bump for some investigations ...

Okay, I'm

a tad confused here and much too tired right now to do further research. Someone who's opinion I generally trust provided me with these links today:

Banco Central de Venezuela:
http://www.bcv.org.ve/englishversion/index.asp
Central Bank of the Islamic Republic of Iran:
http://www.cbi.ir/default_en.aspx
Banco Central de Cuba:
http://www.bc.gov.cu/english/home.asp
Central Bank of the Democratic People's Republic of Korea:
http://en.wikipedia.org/wiki/Central_Bank_of_the_Democratic_...

O.P.O.G.G. - Fighting the attempted devolution of the rEVOLution
Ron Paul 2012...and beyond
BAN ELECTRONIC VOTING!!

further research is due

maybe tomorrow ;-)

Yep!

I did do a little bit more research and found that Venezuela, Argentina, Brazil had paid off their debt to the IMF and Ecuador was about to do so, as well.
So, are these current banks under IMF or not is the pertinent question, I guess...

Chavez to exit IMF:
http://www.msnbc.msn.com/id/18406119/ns/world_news-venezuela

Excerpt from another article:

BANK OF THE SOUTH

Chavez has proposed the creation of a new multilateral bank to free the region from IMF influence and the increasing dollarization of the region. He called on Brazil and Argentina to contribute some of their international reserves to help fund the new regional bank.
Continued:
http://www.americanfreepress.net/html/chavez_influence_growi...

O.P.O.G.G. - Fighting the attempted devolution of the rEVOLution
Ron Paul 2012...and beyond
BAN ELECTRONIC VOTING!!

The List

That is an interesting and brief list.

yet, some of those say 'central bank'?

thanks,

donvino

There were 6 prior to 9-11 2

There were 6 prior to 9-11

2 were Afghan and Iraq.

The 4 left I believe are Venezuela, Iran, Syria and North Korea.

Bingo Prize already gone: "Nations considered rogue"

Nations considered rogue
Submitted by Ggb45601 on Tue, 11/23/2010 - 15:00.

Rogue

  • Cuba
  • Iran
  • Sudan
  • Syria
  • North Korea

States formerly considered "Rogue States" by the United States

[ Mark Twain: UN-rogued by UN-sanctions(marching orders). ]

  • Iraq
  • Afghanistan
  • Libya

Venezuela was discussed in earlier comments by others, more sensible than me.

* reply
Bingo! Your Prize Will Be Presented at the Door.
Submitted by Mark Twain on Tue, 11/23/2010 - 21:44.

Gotta run...

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul

How about a bank backed by gold?

I know I read of one somewhere, maybe it was in Peter Schiff's book but I can't find reference to it now. It was a British or Scottish bank ... I think in the UK. Just can't remember.

Does anyone know?

Some of the Islamic nations

Some of the Islamic nations are producing gold dinars and silver dirhams for international trade among themselves. This is being portrayed as "economic terrorism", which is strange since virtually the entire world was using gold and silver a hundred years ago.

The use of gold and silver by even a small number of nations would show the fiat systems of the rest of the world for what they are. The use of gold and silver as money is a threat to fiat money, and the stealing that goes with it.