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John Rumm
 
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IMM wrote:

State monopolies didn't use their customers as an interest free lending
bank.


They did, it is just the various governments of the day handed over your
cash for you.... Remember when your national insurance pension fund was
"invested" in nationalizing things like British Layland? Not so much an
interest free loan, as one with free capital as well.

--
Cheers,

John.

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