Zero Hedge: Italy Moves To Seize Gold From Central Bank – “It Belongs To The People, Not The Bankers”

03 Economy, Commerce, Ethics, Government

“It Belongs To The People, Not The Bankers” – Italy Moves To Seize Gold From Central Bank

But as The Wall Street Journal concludes, the 5 Star Movement and the League support public ownership of the gold reserves, and with backing from parties comprising 60% of lawmakers, the draft law has enough support to pass. Lawmakers from 5 Star also support nationalizing the central bank, while the League hasn’t decided yet, leaving the bill short of a majority with around 40% support.

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Phi Beta Iota:  All Central Banks, without exception, should be nationalized.