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Debauching the Currency

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I really like Glenn Beck when it comes to the economy:

This uncontrolled spending (and it’s underlying debasement of the currency) may well destroy us.

Inflation, as a means of overthrowing the free market:

Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens … Lenin was certainly right. There is no subtler, no surer means of over-turning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose. – John Maynard Keynes (via quoty)

Inflation, as a means of overthrowing our nation and our liberties:

I believe that banking institutions are more dangerous to our liberties than standing armies. 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 [the banks] will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson (via quoty)

Sadly the “change” mantra was nothing more than a seductive lie, because when it comes to the policies of spending and inflation, Comrades Obama and Bush (not mention McCain) are exactly the same.

Meet the new boss. Same as the old boss. :(


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