The banks cause inflation, deflation and manipulation
By Daniel at 29 April, 2009, 9:43 am
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Rich people are not the enemy and most rich people became rich due to following a higher moral code of hard, smart work. Wanting to be rich through hard work and real profit is good, it means you are providing a service people want. Getting rich through manipulation is evil!
“Let me issue and control a nation’s money and I care not who writes the laws.”
Mayer Amschel Rothschild, 1790
The Rothschild’s, The Morgan’s and a few other families created a monetary system that embraced manipulation. Nothing in government nor in business happens without the approval of the banking system they created.
Thomas Jefferson saw what a banking system could do to the people.
“If the American people ever allow private banks to control the issue of their money, first by inflation and then by deflation, the banks and corporations that will grow up around them (around the banks), will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered.” -
Thomas Jefferson
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Thomas Jefferson on Bankers
I believe that banking institutions are more dangerous to our liberties than standing
armies. If the American people ever allow private banks to control the issue of
their currency, first by inflation, then by deflation, the banks and corporations
that will grow up around [the banks] will deprive the people of all property until
their children wake-up homeless on the continent their fathers conquered. The issuing
power should be taken from the banks and restored to the people, to whom it properly
belongs.
—Thomas Jefferson, 1802
“Paper is poverty,… it is only the ghost of money, and not money itself.”
–Thomas Jefferson to Edward Carrington, 1788. ME 7:36
“Experience has proved to us that a dollar of silver disappears for every dollar
of paper emitted.” –Thomas Jefferson to James Monroe, 1791. ME 8:208
“The trifling economy of paper, as a cheaper medium, or its convenience for
transmission, weighs nothing in opposition to the advantages of the precious metals…
it is liable to be abused, has been, is, and forever will be abused, in every country
in which it is permitted.” –Thomas Jefferson to John W. Eppes, 1813. ME 13:430
“Scenes are now to take place as will open the eyes of credulity and of insanity
itself, to the dangers of a paper medium abandoned to the discretion of avarice
and of swindlers.” –Thomas Jefferson to Thomas Cooper, 1814. ME 14:189
“It is a cruel thought, that, when we feel ourselves standing on the firmest
ground in every respect, the cursed arts of our secret enemies, combining with other
causes, should effect, by depreciating our money, what the open arms of a powerful
enemy could not.” –Thomas Jefferson to Richard Henry Lee, 1779. ME 4:298,
Papers 2:298
What has happened to us is self explanatory. We have not been a capitalist society since the creation of the Federal Reserve and the IRS.
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