Bismarck founds the Reichsbank
Citations (1)
- Lords of Finance whole source · open book
when the Reichsbank was being formed in 1871, his own private banker and confidant, Gershon Bleichröder, warned him that there would be occasions when political considerations would have to override purely economic judgments and at such times too independent a central bank would be a nuisance.
chapter: 6. MONEY GENERALS - CENTRAL BANKS: 1914-19