"With
the exception only of the period of the gold standard, practically all
governments of history have used their exclusive power to issue money to
defraud and plunder the people."- Fredrich August von Hayek 1976, Nobel laureate economist
Friedrich Hayek wrote these words in a published address called Choice in Currency: A Way to Stop Inflation. In it, Hayek made the argument that the only true way to fight inflation was to keep government honest, and the only way to keep government honest was to take away government’s legal privilege to issue money exclusively.
4 comments:
If only they obeyed the laws as we are expected to do!
Constitution: ARTICLE I Section 8
To coin money, regulate the value thereof and of foreign coin, and fix the standard of weights and measures;
To provide for the punishment of counterfeiting the securities and current coin of the United States;
The Federal Reserve is a Private Bank GREEDY MONOPOLY that charges US interest on the money they create for US out of thin air but PRINT NOTHING EXTRA to PAY OFF the INTEREST on the borrowed money.
Then politicians wonder why the public has lost all respect for them, how communities are run, or policing. It is all a mess now, government stinks. Then you get these idiot politicians knocking at your door asking for you vote and you give them a piece of your mind and they take offense to it. Yet our city is a dump and completely lawless and crime infested. Why does the truth always hurt these lame politicians? They wonder why so many have lost hope in them or our government. They just don't get it!
Anon at 8:14 - you won't see any of the crap -bag Commissioners that have robbed us all blind knocking at your door. They have enough money( donated by outside interests trying to rape our city) that they can send out MANY SHINY FLIERS that many of you uninvolved SHEEP will be stupid enough to believe.The crap-bags don't have to walk door to door. Katie Mcgiveron
God Katie, I wish you would run for mayor or comm! Then all us sheep can follow you.
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