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To: Fan of Fiat

“The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered.” - Thomas Jefferson


25 posted on 05/30/2007 10:44:52 AM PDT by rednesss
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To: rednesss
“The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution. I am an Enemy to all banks discounting bills or notes for anything but Coin. If the American People allow private banks to control the issuance of their currency, first by inflation and then by deflation, the banks and corporations that will grow up around them will deprive the People of all their Property until their Children will wake up homeless on the continent their Fathers conquered.” - Thomas Jefferson

Thank goodness those in power at that time listened to Hamilton instead of Jefferson. Otherwise, we may not have become the powerhouse we are today.

33 posted on 05/30/2007 11:03:21 AM PDT by Mase (Save me from the people who would save me from myself!)
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