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Charles Calomiris on FinTech

Policy@McCombs

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The History of Banking

The bank of england was created in 16 94 to deal with the wars that had just started with the french. England and wales had no other chartered bank until 18 25. Bankings always about political deal making. It's about dealing with political constraints. And is was a social fabric cray cohesion amongst the states to be like a unity.

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