Standing Committee on Banking and Commerce 1939 p248-315 May 3 1939 CANADA

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MINUTES - Graham F Towers May 3, 1939 before the Standing Committee on Banking and Commerce - CANADA - 1939 - Canada is on a fiat money system. pg 283Currency created by Parliament has as much power as gold for domestic purposes.pg 284The Canadian government allows private for profit banks to create a 'substitute' for money.

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