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	<title>Comments on: Why the Founders Rejected a Central Bank</title>
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	<link>http://tenthamendmentcenter.com/2008/07/21/why-the-founders-rejected-a-central-bank/</link>
	<description>Concordia res Parvae Crescunt</description>
	<lastBuildDate>Wed, 22 May 2013 20:51:59 +0000</lastBuildDate>
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		<title>By: David Demoise</title>
		<link>http://tenthamendmentcenter.com/2008/07/21/why-the-founders-rejected-a-central-bank/comment-page-1/#comment-582215</link>
		<dc:creator>David Demoise</dc:creator>
		<pubDate>Wed, 25 May 2011 16:23:56 +0000</pubDate>
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		<description><![CDATA[I would party agree that congress controls the budget, but they have to also control the Fed.  And there has been little oversight towards the Fed.  The central bank has the authority to inflate the money supply.  Individuals cannot do this, so the Fed does more damage to the economy than you think. ]]></description>
		<content:encoded><![CDATA[<p>I would party agree that congress controls the budget, but they have to also control the Fed.  And there has been little oversight towards the Fed.  The central bank has the authority to inflate the money supply.  Individuals cannot do this, so the Fed does more damage to the economy than you think. </p>
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		<link>http://tenthamendmentcenter.com/2008/07/21/why-the-founders-rejected-a-central-bank/comment-page-1/#comment-313953</link>
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		<pubDate>Sat, 10 Apr 2010 13:46:08 +0000</pubDate>
		<guid isPermaLink="false">http://www.tenthamendmentcenter.com/?p=128#comment-313953</guid>
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		<link>http://tenthamendmentcenter.com/2008/07/21/why-the-founders-rejected-a-central-bank/comment-page-1/#comment-313715</link>
		<dc:creator>Side effects of ionamin.</dc:creator>
		<pubDate>Thu, 08 Apr 2010 09:51:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.tenthamendmentcenter.com/?p=128#comment-313715</guid>
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		<link>http://tenthamendmentcenter.com/2008/07/21/why-the-founders-rejected-a-central-bank/comment-page-1/#comment-313692</link>
		<dc:creator>Ionamin canada.</dc:creator>
		<pubDate>Thu, 08 Apr 2010 05:18:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.tenthamendmentcenter.com/?p=128#comment-313692</guid>
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		<title>By: Zolpidem overnight.</title>
		<link>http://tenthamendmentcenter.com/2008/07/21/why-the-founders-rejected-a-central-bank/comment-page-1/#comment-311642</link>
		<dc:creator>Zolpidem overnight.</dc:creator>
		<pubDate>Sat, 27 Mar 2010 04:59:48 +0000</pubDate>
		<guid isPermaLink="false">http://www.tenthamendmentcenter.com/?p=128#comment-311642</guid>
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		<title>By: Zolpidem.</title>
		<link>http://tenthamendmentcenter.com/2008/07/21/why-the-founders-rejected-a-central-bank/comment-page-1/#comment-310789</link>
		<dc:creator>Zolpidem.</dc:creator>
		<pubDate>Sun, 21 Mar 2010 20:34:11 +0000</pubDate>
		<guid isPermaLink="false">http://www.tenthamendmentcenter.com/?p=128#comment-310789</guid>
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		<title>By: Billy</title>
		<link>http://tenthamendmentcenter.com/2008/07/21/why-the-founders-rejected-a-central-bank/comment-page-1/#comment-148878</link>
		<dc:creator>Billy</dc:creator>
		<pubDate>Sun, 03 Aug 2008 02:21:54 +0000</pubDate>
		<guid isPermaLink="false">http://www.tenthamendmentcenter.com/?p=128#comment-148878</guid>
		<description><![CDATA[Dr. Paul must have nerves of steel to speak out against the central bank/federal reserve board the way he does. Those guys are the most dangerous and powerful on earth.
God Bless him.]]></description>
		<content:encoded><![CDATA[<p>Dr. Paul must have nerves of steel to speak out against the central bank/federal reserve board the way he does. Those guys are the most dangerous and powerful on earth.<br />
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]]></content:encoded>
	</item>
	<item>
		<title>By: Lorne Williams</title>
		<link>http://tenthamendmentcenter.com/2008/07/21/why-the-founders-rejected-a-central-bank/comment-page-1/#comment-142287</link>
		<dc:creator>Lorne Williams</dc:creator>
		<pubDate>Fri, 25 Jul 2008 07:59:28 +0000</pubDate>
		<guid isPermaLink="false">http://www.tenthamendmentcenter.com/?p=128#comment-142287</guid>
		<description><![CDATA[&quot;I believe that banking institutions are more dangerous than standing armies... if the American people ever allow private banks to control the issue of currency... the banks and corporations that will grow up around them will deprive the people of their property until their children wake up homeless on the continent their fathers conquered.&quot;
--Thomas Jefferson 1743-1826]]></description>
		<content:encoded><![CDATA[<p>&#8220;I believe that banking institutions are more dangerous than standing armies&#8230; if the American people ever allow private banks to control the issue of currency&#8230; the banks and corporations that will grow up around them will deprive the people of their property until their children wake up homeless on the continent their fathers conquered.&#8221;<br />
&#8211;Thomas Jefferson 1743-1826</p>
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		<title>By: Lorne Williams</title>
		<link>http://tenthamendmentcenter.com/2008/07/21/why-the-founders-rejected-a-central-bank/comment-page-1/#comment-142279</link>
		<dc:creator>Lorne Williams</dc:creator>
		<pubDate>Fri, 25 Jul 2008 07:44:38 +0000</pubDate>
		<guid isPermaLink="false">http://www.tenthamendmentcenter.com/?p=128#comment-142279</guid>
		<description><![CDATA[The &#039;fed&#039; is about as federal as Federal Express. The fed is NOT a part of the government. It is a privately owned bank. Private. Not government. 

Imagine that. Try to fathom how international bankers managed to put an institution in place that has the power to print all the money, and all the power to regulate all interest rates. Unbelievable but true.

So, every dollar that the fed prints is loaned to American banks &lt;em&gt;at interest&lt;/em&gt;. This means that the American people are enslaved to the central banks because this system automatically creates a perpetual debt. Where does the money to pay down the debt come from? The fed of course, there is no other source. Therefore the money supply must increase to create the illusion that the debt can someday be paid down.

Everybody gets confused about gold and fiat money. Thinking that gold is &#039;hard&#039; currency is foolish. Money is just an idea, a means of facilitating trade. There is nothing &#039;real&#039; or &#039;hard&#039; about money. It&#039;s just an idea.

And it&#039;s not government printing money that is the problem. The problems arise when any agency gains the power to print unlimited amounts of currency, at interest, creating our current world of ever increasing rates of inflation and debt.

The founders lived in a world where the government(s) of the colonies printed paper money and issued it with no debt attached. Further, they were allowed to create more money only when the economy dictated, not at their discretion. Inflation was tiny, and stayed that way for decade after decade. The money supply grew at the same rate as &lt;em&gt;the value of the labor of the people&lt;/em&gt; and no more.

It was the threat of the coming of the Bank of England (another private central bank owned by foreign bankers) that started the war of independence. 

If you don&#039;t like to read (history) you can watch a movie at &lt;a href=&quot;http://zeitgeistmovie.com/&quot; rel=&quot;nofollow&quot;&gt;http://zeitgeistmovie.com/&lt;/a&gt; . You might want to fast forward to the final third of the movie where they talk about money in America.]]></description>
		<content:encoded><![CDATA[<p>The &#8216;fed&#8217; is about as federal as Federal Express. The fed is NOT a part of the government. It is a privately owned bank. Private. Not government. </p>
<p>Imagine that. Try to fathom how international bankers managed to put an institution in place that has the power to print all the money, and all the power to regulate all interest rates. Unbelievable but true.</p>
<p>So, every dollar that the fed prints is loaned to American banks <em>at interest</em>. This means that the American people are enslaved to the central banks because this system automatically creates a perpetual debt. Where does the money to pay down the debt come from? The fed of course, there is no other source. Therefore the money supply must increase to create the illusion that the debt can someday be paid down.</p>
<p>Everybody gets confused about gold and fiat money. Thinking that gold is &#8216;hard&#8217; currency is foolish. Money is just an idea, a means of facilitating trade. There is nothing &#8216;real&#8217; or &#8216;hard&#8217; about money. It&#8217;s just an idea.</p>
<p>And it&#8217;s not government printing money that is the problem. The problems arise when any agency gains the power to print unlimited amounts of currency, at interest, creating our current world of ever increasing rates of inflation and debt.</p>
<p>The founders lived in a world where the government(s) of the colonies printed paper money and issued it with no debt attached. Further, they were allowed to create more money only when the economy dictated, not at their discretion. Inflation was tiny, and stayed that way for decade after decade. The money supply grew at the same rate as <em>the value of the labor of the people</em> and no more.</p>
<p>It was the threat of the coming of the Bank of England (another private central bank owned by foreign bankers) that started the war of independence. </p>
<p>If you don&#8217;t like to read (history) you can watch a movie at <a href="http://zeitgeistmovie.com/" rel="nofollow">http://zeitgeistmovie.com/</a> . You might want to fast forward to the final third of the movie where they talk about money in America.</p>
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		<title>By: M. Harvey</title>
		<link>http://tenthamendmentcenter.com/2008/07/21/why-the-founders-rejected-a-central-bank/comment-page-1/#comment-141558</link>
		<dc:creator>M. Harvey</dc:creator>
		<pubDate>Thu, 24 Jul 2008 13:51:29 +0000</pubDate>
		<guid isPermaLink="false">http://www.tenthamendmentcenter.com/?p=128#comment-141558</guid>
		<description><![CDATA[Previous note, that would be &quot;one-up any one&quot; not &quot;on-up any one&quot;]]></description>
		<content:encoded><![CDATA[<p>Previous note, that would be &#8220;one-up any one&#8221; not &#8220;on-up any one&#8221;</p>
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