“If the American people ever allow private banks to control the issue of their currency, first by inflation and then by deflation, the banks and 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.” —Thomas Jefferson (1816)
This is a 30 minute video. While he is right in what he is saying, there were a few instances where his comments rubbed me the wrong way. One in particular, was holding cash, in the face of massive inflation… Otherwise, it is well worth watching, as he makes a lot of great points, with insight. The video is at the link.
It Makes Uncomfortable But Urgent Viewing
By: Alex Daley
Tue, Jul 24, 2012
When Casey Research Chief Technology Investment Analyst Alex Daley met former Reagan Budget Director David Stockman to talk about the economy and where he sees it leading taxpayers investors and savers in the near future, he got some very intriguing insights from a man who served right at the heart of the US federal government.
True, some if it makes for uncomfortable watching, but the message is critical if you want to keep your assets safe in what David calls calls “the great unwind.”