Bankruptcy of Our Nation Quotes
Bankruptcy of Our Nation
by
Jerry Robinson89 ratings, 3.98 average rating, 14 reviews
Bankruptcy of Our Nation Quotes
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“Through the use of constitutional contortion, the United States has created a national demand for fiat currency. Maintaining the illusion of the dollar's value requires that the monetary authorities avoid reckless increase of the U.S. money supply. Historically speaking, such increases have had disastrous effects upon the purchasing power of the underlying currency. Avoiding a dollar collapse requires a personal faith among the American public in the Fed's willingness and ability to keep the currency in a limited supply.”
― Bankruptcy of Our Nation
― Bankruptcy of Our Nation
“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 them will deprive the people of all property until their children wake up homeless on the continent their fathers conqured . . . The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
― Bankruptcy of Our Nation
― Bankruptcy of Our Nation
“All the perplexities, confusions, and distresses in America arise, not from defects in their constitution or confederation, not from a want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation.”
― Bankruptcy of Our Nation
― Bankruptcy of Our Nation
