Red Flags in Credit Markets (Capitalism DeathWatch™)

WSJ ^ | WSJ

[Malsua]

Hotlink doesn't work for first link.

for Jefferson Encylopedia. Click here: The first part of the quotation ("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 them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered") has not been found anywhere in Thomas Jefferson's writings, to Albert Gallatin or otherwise. It is identified in Respectfully Quoted as spurious, and the editor further points out that the words "inflation" and "deflation" did not come into use until 1864 and 1920, respectively.[3]

[spetznaz]

Thanks Malsua for the links ...it is always nice when one is able to bring up (to use HighlyOpinionated's highly opinionated words) ' two sources, neither of which can be the left leaning agendized Snopes' to support a point, even when the poster who made the demands simply disappears like morning vapors.

Although I am surprised people really thought words like inflation and deflation were around in Jeffersonian times ....I guess Biden is not the only one with a warped historical perspective.