“That paper money has some advantages is admitted. But that its abuses also are inevitable and, by breaking up the measure of value, makes a lottery of all private property, cannot be denied.” - Thomas Jefferson, Letter to Josephus B. Stuart, 1817

The fear in the money masters is palpable. Silence, darkness, and the fog of confusion are their most reliable allies.

The schemes of the monied interests depend on the mispricing of risk, and the public remaining asleep while their wealth is quietly transferred, until one day they wake up and find that their accounts have been looted.

And surprise, the money has simply vaporized.

Fill out these claims and stand over there. We'll give you something, whatever scraps are left over after the oligarchs, bankers, and their politicians have taken their fill.

I saw it happen in Russia, as their empire crumbled. And I am seeing it happening now.

By Jesse

http://jessescrossroadscafe.blogspot.com

Welcome to Jesse's Café Américain - These are personal observations about the economy and the markets. In providing information, we hope this allows you to make your own decisions in an informed manner, even if it is from learning by our mistakes, which are many.

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