
Contradiction of The Gold Standard | The Twilight of Gold Series | Episode 4 (WiM142)
The "What is Money?" Show
00:00
Is That the Problem? Is It Inflation?
i think this quotes from 17 or 18 hundreds a and where we are, what we are actually witnessing to day. Jefferson wrote if the american people ever allow private banks to control the issue of their currency, first by inflation, then by deflation,. The banks 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 em. That is a fully precient that ist tat. He just summed it up. And we're living through this. We are living through the true psychological terror of of a period between regimes and the the psychological terror. Is that the fear of deflation and inflation at the exact same time?
Transcript
Play full episode