He seems to think that the FED is some kind of a government organization.
He is worried, in passing, that going off the gold standard requires close governmental regulation...........banks can then just print money..........endlessly.......
The 12 member banks are not, however, government banks, they are private corporations.
Andy Jackson, long before the likes of Andy Brigham, repudiated a national bank.
I can cite the Piketty pages if need be. pgs 548, 557
How big do you want your global property rights, a whole lot bigger than your government?
You got your wish.
Remember Thurston's remarks at the AEDP in Boca in 2006, Bonita Springs 2008, I believe. (Not Thurston Howell Romney, Boca in 2012, but similar.....)
"Who do you think they will bail out, you or me?"
We all know what the answer has been.
Some Like It Yacht.
How did they copy that, so quickly, from me?
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