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Topic: What's Wrong With the Economy?

Propertymanager
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posted

Thomas Jefferson knew the answer to this question long ago. Here's are his words: "A private central bank issuing the public currency is a greater menace to the liberties of the people than a standing army. We must not let our rulers load us with perpetual debt."

And what has happened EVERY time in history that a central bank has been allowed to issue fiat money?

Posts: 1577 | From: Ohio | Registered: Oct 2007 | IP: Logged |

glassman
Member

posted

it's important to remember that TJ died bankrupt too Propman.

i'm not saying he was wrong, it's just that most business ventures eventually fail one way or another.

i belive we need to return to the gold standard.

i don't see any way "back to it" from here tho

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Don't envy the happiness of those who live in a fool's paradise.

Posts: 36378 | From: USA | Registered: Sep 2003 | IP: Logged |

StonedPigeon
Member

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posted

[QUOTE]Originally posted by Propertymanager:

"We must not let our rulers load us with perpetual debt."

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Our rulers?--- Back it up Skippy!

We are only ruled by the stupidy of our vote! [BadOne]

Posts: 514 | From: Claremore, Ok., USA | Registered: Apr 2004 | IP: Logged |

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