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.” Debt Crisis Debt is nothing new to the United States. The American Revolutionary War led to our first national debts and the War of 1812 further expanded that government debt to approximately $75 million. In 1835, President … Continue reading →