Steve Bannon Calls for the End of the Federal Reserve
Posted by deleted 3 years ago to Economics
I'm not sure what people think about Steve Bannon, but on this, I agree. End it.
While we're very happy to have you in the Gulch and appreciate your wanting to fully engage, some things in the Gulch (e.g. voting, links in comments) are a privilege, not a right. To get you up to speed as quickly as possible, we've provided two options for earning these privileges.
I remember reading that Thomas Jefferson while president sent a letter to his son-in-law who was in the House of Representatives complaining that "They [the central bank] have taken our gold and silver and given us $200 million in fluff and bubble." I guess things haven't changed much.
"[The Congress shall have Power . . . ] To coin Money, regulate the Value thereof, and of foreign Coin, and fix the Standard of Weights and Measures; . . "
Has any country in history ever had a banking system run by laissez faire capitalistic principles?
The US would remain without a national bank for more than eighty years until 1918 when a group of financiers met together on Jekyll Island to hammer out not only the proposal for another Bank of the United States, but more importantly the plan to sell it to an unwilling public. Thus the name "Federal Reserve" rather than Bank of the United States.
For an exhaustive approach, I highly recommend The Creature from Jekyll Island as it goes into detail about not only the history of the Bank of the United States, but also its predecessor, the Bank of England.
Revelation.
2619
Dec 12, 2018 7:01:15 PM EST
Q !!mG7VJxZNCI ID: 089200 No. 4281049
Dec 12, 2018 6:57:57 PM EST
Anonymous ID: 376ff2 No. 4280876
>>4280189
Q: Do we have the GOLD?
>>4280876
Yes.
GOLD shall destroy FED.
Q
Look up his interview with Norman Dodd you won’t be sorry.