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Mr. Daly argued, and somehow acquired the financial institution to confess, that they created the money with a stroke of a pen at the time of the mortgage (and that there was no precise official law empowering them to do so.) Because the financial institution did not “put up” something of worth (apart from the ink from the pen) for Mr. Daly’s dwelling mortgage, there was no consideration, therefore the mortgage agreement was null and void.
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S. Gurumurthy, the financial thinker of RSS, the intense Hindu outfit and ideological base of ruling BJP, says that the brand new forex notes of Rs. 2000 denomination too wold be banned in next 5 years as it was launched to face money scarcity and the brand new Rs. 500 be aware wold be the largest currency in India.
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