"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 conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."
Agree or disagree
I agree. Even Andrew Jackson had an issue with the 'national' bank. I don't understand why the gov't pays the Fed to print money. Why don't we print our own. The Fed is made up of several banks. It is a quasi-gov't bank kind of like Freddie and Fannie. They charge the gov't to print the money. They control the flow of currency. Why? Why have the citizenry allowed this to happen?
Answer by jesse123456 at 9:42 PM on Apr. 27, 2011
Answer by Sisteract at 7:21 PM on Apr. 27, 2011
Answer by pam19 at 9:48 PM on Apr. 27, 2011
Answer by amazinggrace83 at 4:19 PM on Apr. 27, 2011
Answer by virginiamama71 at 4:19 PM on Apr. 27, 2011
Answer by itsmesteph11 at 8:11 PM on Apr. 27, 2011
Answer by dellamae at 9:40 PM on Apr. 27, 2011