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With the production of the Bank of England in 1694, [8] which was allowed the position to print notes upheld by gold, the possibility of
With the production of the Bank of England in 1694, [8] which was allowed the position to print notes upheld by gold, the possibility of financial strategy as autonomous of chief action [how? ] started to be established.[9] The motivation behind money related arrangement was to keep up with the worth of the money, print notes which would exchange at standard to specie, and keep coins from leaving
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