Reconstruction Finance Bank established

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• Princes of the Yen whole source · open book

  In January 1947, it was separated and established as the public Reconstruction Finance Bank (Fukkō Kinyū Kinko), whose job was to provide preferential funding to strategic industries.

  chapter: 6. The First Bid for Central Bank Independence

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• Richard Werner author of the source

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• Paper money, central banks, and credit creation step 18
• Princes of the Yen: Japan built, bubbled, and broken step 68

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