Allow a government to decline paying its debts and you overthrow all public morality — you unhinge all the principles that preserve the limits of free constitutions. Nothing can more affect national prosperity than a constant and systematic attention to extinguish the present debt and to avoid as much as possible the incurring of any new debt.
Public debt is our greatest enemy
I place economy among the first and most important virtues and public debt as the greatest dangers to be feared … We must not let our rulers load us with perpetual debt. We must make our choice between economy and liberty or profusion and servitude … The same prudence which in private life would forbid our paying money for unexplained projects, forbids it in the disposition of public money. We are endeavoring to reduce the government to the practice of rigid economy to avoid burdening the people.
The unforgivable sin of Hitler’s Germany was to develop a new economic system by which the international bankers were deprived of their profits.
The price of free benefits
Inflation: That’s the price we pay for those government benefits everybody thought were free.
Central bankers and politicians have bankrupted the world. A lot of the distractions you see in the media and on the global-stage are meant to cover-up that reality. Most people just don’t know it yet.
In the general course of human nature, a power over a man’s subsistence amounts to a power over his will.
Banks have done more injury to the religion, morality, tranquility, prosperity, and even wealth of the nation than they can have done or ever will do good.
Inflation is as violent as a mugger, as frightening as an armed robber, and as deadly as a hitman.
Honest money needed
The whole profit of the issuance of money has provided the capital of
the great banking business as it exists today. Starting with nothing
whatever of their own, they have got the whole world into their debt
irredeemably, by a trick.
The Federal Reserve
Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside of the control of Congress and manipulates the credit of the United States.