I mean from my understanding when the privately owned banks (Federal Reserve) print money they also tack on interest rates and gain more power than even the Government. If the Government printed it's own money there wouldn't be interest rates. Now I understand printing money shouldn't be the answer because it causes inflation, but as long as their going to keep doing it at least make sense of it and have the Government do it.If the American people ever allowed the banks to control the issuance of their currency, the banks and corporations that will grow up around them will deprive the people of all property, until their children will wake up homeless on the continent their fathers once occoupied. Thomas Jefferson.
Yes! We don't need Obama or McCain, we need Andrew I beat the Bank Jackson. Or Ron Paul. Or Chuck Baldwin. (And having Jackson on the $20 federal reserve note is the height of irony.)
i do no longer think of you reside in u . s . a . The greenback is particularly plenty valueless because of the government printing funds for each bailout or charity they could think of of heck $10 billion a month in iraq on my own the presses have not stopped in a millennial
It has been tried, that's where the name 'Green Backs' came from, JFK was talking about it, as he knew what was going on in the 'secret societies' and the Fed Reserve, he was going to try and pay of the National Debt, well need I say more?.
i think all government should control there economy and don't allow to few persons to control both economy and political interest of there country the free market theory has failed its better to the governments to but its hand on the sensitive issues on the economy like banks put a great taxes on the big foundations
The government does control the money from printed by the bank. Over time, the Federal Reserve has become much more private. Because of this, two people basically have control of all money in the country, the Secretary of Commerce and the President of the Federal Reserve. It's convenient that you quoted Jefferson, because although he was opposed to the bank, since it had already existed, he took advantage of it and made the largest purchase of property with its bank notes. Jefferson was opposed to a national bank and speculation. Jefferson as president used the national bank to buy a huge mass of land from the French, called the Louisiana Purchase. He then took this new acquired land and gave it to speculators. I am not discrediting Jefferson from making this decision, but I am noting that you can only take everything that a power seeker says as a grain of salt. Most people change when they actually gain power, at least to some extent.
