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Attack on Iran? Maybe Bank of Israel has the answer
Why has Stanley Fischer, the Bank of Israel Governor, been filling his foreign currency reserves with billions of dollars? What do people do when they fear danger from natural disasters or war on the horizon? They stock up. Canned goods, batteries, water – the usual. But what do central banks do? The exact same thing.…
By
Ami Kaufman
March 13, 2012
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