Monetary History Calendar
Tuesday, March 26, 2013
DECEMBER 4, 1975 – DEATH OF GRAHAM TOWERS, GOVERNOR, BANK OF CANADA, 1934-54
1975 – DEATH OF GRAHAM TOWERS, GOVERNOR, BANK OF CANADA, 1934-54
"Each and every time a bank makes a loan, new bank credit is created - new deposits - brand new money."
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