“If the American people ever allow private banks to control the issue of our currency, first by inflation, then by deflation, the banks and the corporations that will grow up will deprive the people of all property until their children wake up homeless on the continent their fathers conquered.”
Thomas Jefferson

In the study of the founding of this nation, Thomas Jefferson warned the founding fathers of this type of banking, fiat money.  It was the ongoing wars between him and Alexander Hamilton over this issue that occupied much of George Washington’s days as our President.

Why don’t we learn from history or heed to the wisdom of why we become a country in the beginning?  (more to come on this over  the next couple of weeks).

Currently, we are in a banking mess and trying to dig out.  Read More.

The challenge this week is to go study the economics of our nation at the beginning and examine our current situation with an honest look.  You will discover that the one thing we don’t learn from history is . . . we don’t learn from history.