Monday, December 31, 2012

Jim Rogers Video Interview ~ The 12 Banks of Death

"I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to centralize the issue of their money, 1st by inflation and then by deflation, the banks & corporations that will grow up around them will deprive the people of their property until their children will wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."- Thomas Jefferson 

1 comment:

  1. Jim rogers has it right. I would never invest in a bank stock. These are one of the sectors that as an investor I consider untouchable.