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Difference between revisions of "Thomas Jefferson said in 1802"

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'I believe that banking institutions
 
'I believe that banking institutions
  

Revision as of 23:15, 19 May 2024

'I believe that banking institutions

are more dangerous to our liberties than standing armies.

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 the banks

will deprive the people of all property

until their children wake-up homeless on the continent their fathers conquered.'

$20 worth of gold (1 oz) costs $1830 10/06/23

$91.50 to buy $1 worth of gold

$1 to buy 0.0109 worth of gold

"Not worth 2 cents"


$1 to buy 0.0xxxx worth of gold - "Not worth 2 cents"

  • 04/04/11 $1 = 0.01408
  • 04/21/11 $1 = 0.01328
  • 05/03/11 $1 = 0.01320
  • 05/30/11 $1 = 0.01299
  • 08/19/11 $1 = 0.01079
  • 05/26/18 $1 = 0.01541
  • 08/14/20 $1 = 0.01029
  • 10/06/23 $1 = 0.01093

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