The Medlock Post Ep. 123: Banking in America Today
The indignant protest of Thomas Jefferson can be heard across the vista of two whole centuries: “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 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. The issuing power of money should be taken from the banks and restored to Congress and the people to whom it belongs.”
