Wednesday, October 01, 2008

For those still confused...

For those still confused about our economy, what is going on, and what happened...here is a video I posted a while back to explain how the United States banking system and monetary policy works. As someone who loves to study history, and the founding fathers in particular, it seems they knew exactly what would eventually happen with our banking system and our country.

Here is a quote by Thomas Jefferson that is telling:

"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"

Watch the video: Money, Banking, and the Federal Reserve

posted by Bryan Engram  # 11:23 PM

Comments:

Ya' happy now?

I've watched that video before (at your behest) and yes, I can agree that it was very helpful.

~R

# posted by  Randy : 9:09 PM

 

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