I read G. Edward Griffin “The Creature from Jekyll Island” the first time in 2000. I have been aware of this need (for the government to reclaim control over monetary policy and issuance, and the issuance of credit) for over a decade.
In defense of my property, however, I have refused to bring any related arguments into court. There is but one example I am aware of in which a “vapor money” theory has prevailed – The Credit River Decision, as it is commonly known. Conversely, a search of “vapor money theory” will turn up scads of losses on those arguments.
I am NOT in favor of nationalizing banks (admittedly I’m rather uninformed on this). I am in favor of letting private banks sink or swim on their own, without bailouts and handouts, and particularly without secret, back room deals orchestrated by an entity over which the people (through congress) has little or no control.
I read G. Edward Griffin “The Creature from Jekyll Island” the first time in 2000. I have been aware of this need (for the government to reclaim control over monetary policy and issuance, and the issuance of credit) for over a decade.
In defense of my property, however, I have refused to bring any related arguments into court. There is but one example I am aware of in which a “vapor money” theory has prevailed – The Credit River Decision, as it is commonly known. Conversely, a search of “vapor money theory” will turn up scads of losses on those arguments.
I am NOT in favor of nationalizing banks (admittedly I’m rather uninformed on this). I am in favor of letting private banks sink or swim on their own, without bailouts and handouts, and particularly without secret, back room deals orchestrated by an entity over which the people (through congress) has little or no control.