Wednesday, February 20, 2013

Thomas Jefferson and the Continental Dollar

Did you know that within the US Constitution it states that only gold and silver are to be money?
The reason that the founding fathers understood that is because they had just been through a hyperinflation with the Continental Dollar, the first US currency and they witnessed the horrific effects it had on the people of America. In fact they were so adament about having a sound money that bills of credit or forgery were punishable by death.

"If the American people ever allow the banks to control the issuance of their currency,
first by inflation and then by deflation, the banks and the 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 occupied....

I sincerely believe banking institutions having the issuing power of money are more
dangerous to liberty than standing armies."
                                                                          -Thomas Jefferson

Today the Federal Reserve Bank, through the issuance of currency, has silently stolen the properties, savings accounts, retirement accounts, and livelyhood of millions of American citizens and will continue to do so.