The Federal Reserve's "Four Horsemen" Unite

The Federal Reserve’s “Four Horsemen” Unite by Jeff Nielson, Sprott Money

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 them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered…I believe that banking institutions are more dangerous to our liberties than standing armies…The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.

– Thomas Jefferson, 1802

A private (central) bank does control the issue of U.S. currency: the Federal Reserve, as is the case with most of the nations...