As important as money is to most people, most of us take for granted this valuable resource without giving thought to what it really is, where it comes from, or how it works. We earn it, we spend it, we save it, and some may complain they don’t have enough of it, but few really know much about it. For most people, money, finances, monetary policy, etc. are pretty confusing and as a result they surrender the subject to others. … Continue reading →
Thomas Jefferson warned, “If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.” Ignoring Jefferson’s warning, the American people HAVE allowed private banks to control their money. And, we are beginning to see the results of that decision. The rich rule over the poor, and the borrower is slave to … Continue reading →
A great primer from the Mises Institute on our monetary system. Thomas Jefferson and Andrew Jackson understood “The Monster”. But to most Americans today, Federal Reserve is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the … Continue reading →
Why does our government require us to pay taxes when they print all the money they want? What is the Federal Reserve and Who Controls it? The Federal Reserve is not a governmental agency and neither the Congress nor the President have one iota of control over its day-to-day operations. The Federal Reserve is no more federal than Federal Express. It is a private bank that poses as a government entity. In 2011, when the New York Times attempted to … Continue reading →
“I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.” – Thomas Jefferson. The Central Bank There were numerous attempts in the 1880’s to create a central bank in America – most of these attempts point back to the Rothschilds. It is interesting that both the original American banking houses that … Continue reading →
