"If the American people ever allow private banks to control issue of their currency, first by inflation, then by deflation, the banks and the corporations will grow up around them, 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." Thomas Jefferson in the debate over The Re-charter of the Bank Bill (1809).
The basic flaw in the construction of the money system is that money is a private system. The solution is that it must be a public system.
Jefferson was right. Jefferson was smart. It is ironic that he appears on the Two Dollar Bill. The two dollar bill is a Federal Reserve Note issued by the Federal Reserve Bank A private bank that issues private money. How totally ironic!
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