The Fed's Four Horseman
By Jeff Nielson
April 14, 2016
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.
- Thomas Jefferson, 1802
A private (central) bank does control the issue of U.S. currency: the Federal Reserve, as is the case with most of the nations of the world. These bankers do conspire to “first inflate” and “then deflate.” This is what regular readers know as our bubble-and-crash cycles , which now seem to occur in more-or-less fixed eight-year intervals.
The people are relentlessly being deprived of all property. The Middle Class is nearly extinct , having devolved into the Working Poor. Our children are literally “waking up homeless,” with millions of Homeless People now struggling to survive across North America.
Should we regard Thomas Jefferson as a prophet, or simply as a sober individual engaging in logical extrapolation? History strongly suggests the latter interpretation, via a “warning” of an entirely different nature.
Give me control of a nation’s money, and I care not who makes its laws.
- Mayer Amschel Rothschild (1744 – 1812)
That is what the Rothschild patriarch boasted, but this is not what he really meant. Give me control of a nation’s money, and I make its laws. Control the purse strings of any government and you control the government.
Mayer Rothschild was a contemporary of Thomas Jefferson, and Jefferson was a scholar. He knew what this oligarch meant with his boast. He then took that boast and expanded it into the true horror that it represented.
Central banks exist to steal. Indeed, they have a literal “license to steal” via the power of the printing press. In this area, too, we have a famous source to offer us guidance.
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation.
- Alan Greenspan , 1966
