As in the case of the other proposals, the leading principle of Mr. Sikes's plan was to employ the machinery of the Money Order Office to collect and forward deposits to a central bank which he proposed should be established in London.
The objections to a central bank it seems to me are obviated if the ownership of the reserve association is distributed among all the banks of a country in which banking is free.
Japan first copied the national banking system of the United States and after trial abandoned the same for a central bank.
In other countries there has not been even this much of an attempt toward fulfilling the functions of a central bank of rediscount.
Selected articles on a central bankof the United States.
In the second place, as there is no Central Bank in India, there is no Government Banker.
The second is for the Government or Central Bank to hold resources available abroad, which can be used for maintaining the gold parity of the local currency, when there is the need for it.
Several bills were offered for the establishment of a central bank; some for the issue of a special currency by the government; others for the legalization of certificates and currency created by clearing-house associations.
Naturally there was much discussion concerning the defects of our financial system, of the needs of elastic currency, of a central bank, etc.
The aversion of the people to the centralization of the banking business in the hands of a few of the great money powers made the establishment of a central bank out of the question.
The above list will hopefully provide you with a few useful examples demonstrating the appropriate usage of "central bank" in a variety of sentences. We hope that you will now be able to make sentences using this group of words.
