Economic Policy Journal: 50 Reasons For The Separation of Money & State

The Economic Policy Journal’s Chris Rossini list “50 thoughts to help reach a very important conclusion: That money must be completely severed from State control. Our economic lives literally depend on it.”

Below are my favourites from the list…

Sen. Barry Goldwater: “Most Americans have no real understanding of the operation of the international moneylenders. The bankers want it that way.”

Alan Greenspan, 1966: “In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value…Deficit spending is simply a scheme for the ‘hidden’ confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.”

Reginald McKenna, former head of the Bank of England, 1924: “They who control the credit of a nation direct the policy of governments and hold in their hands the destiny of the people.”

Ron Paul: “It is no coincidence that the century of total war coincided with the century of central banking.”

FDR wrote on Nov. 21, 1933 in a letter to Col. Edward Mandell House: “The real truth of the matter is, as you and I know, that a financial element in the larger centers has owned the Government ever since the days of Andrew Jackson…”

U.S. Treasury Sec. Woodin, 1933: “The Federal Reserve Act lets us print all we’ll need. And it won’t frighten the people. It won’t look like stage money. It’ll be money that looks like real money.”

Ron Paul: “We might say that the government and its banking cartel have together stolen $0.95 of every dollar as they pursued a relentlessly inflationary policy.”

Howard Buffett (Warren’s father) a Congressman from Nebraska: “The paper money disease has been a pleasant habit thus far and will not be dropped voluntarily, any more than a dope user will without a struggle give up narcotics…I find no evidence to support a hope that our fiat paper money venture will fare better ultimately than such experiments in other lands…”

James Madison: “History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible, to maintain their control over governments, by controlling money and its issuance.”

Ben Bernanke, said, “The U.S. government has a technology called a printing press – or, today, its electronic equivalent – that allows (the Federal Reserve System) to produce as many U.S. dollars as it wishes at essentially no cost…the Fed could even implement what is essentially the classic textbook policy of dropping freshly printed money from a helicopter.”

Andrew Jackson: “If the people only understood the rank injustice of our money and banking system, there would be a revolution before morning.”

Voltaire: “Paper money eventually returns to its intrinsic value: zero”

William F. Rickenbacker: “Gold would have value if for no other reason than that it enables a citizen to fashion his financial escape from the state.”

Daniel Webster: “Of all the contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money.”

Thomas Jefferson: “Paper is poverty. It is only the ghost of money, and not money itself.”

Ron Paul: “Although it may take time, the market always wins.”

Check out the entire list here.

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