To: reaganaut1
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. - Jefferson
14 posted on
10/27/2013 1:26:24 PM PDT by
Errant
To: Errant
If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, Love that fake Jefferson quote.
Deflation, in this context, didn't come into common usage until long after Jefferson died.
48 posted on
10/27/2013 2:30:24 PM PDT by
Toddsterpatriot
(Science is hard. Harder if you're stupid.)
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