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