Theodore R. Thoren Quote - Liberty Quotes Blog

"The creation of money exclusively as debt is
the critical, destabilizing flaw in the American Economy."

by:	Theodore R. Thoren Author
Source:	The Truth In Money Book
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Categories:	America, Debt, Economics, Money
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Reader comments about this quote:

-- jim k, Austin, Tx
And for a view of exactly what this destabilization results in...just look to the Eureopean Union and its complete and utter failure. One working nation is carrying the other 26 and it will eventually collapse under the weight of it's not so hard working socialist parasites. A North American Union would be equally successful. -- J Carlton, Calgary 2
GLOBAL GOVERNMENT TESTAMENTARY DISPOSITION INTERNATIONAL EXHIBITS AB UNITED NATION ORGANIZATION IN TO NEO THE UNITED KINGDOM OF GOD SKY EARTH AND FIVE ORGAN, THE KINGDOM OF FIVE CONTINENT (AAE.A2: ASIA. AFRICA. EUROPE. AMERICA. AUSTRALIA) -- SINO.AS SOEGIHARTONOTONEGORO,IR.ST, CIREBON-INDONESIA
Absolutely!! Short and succinct -- I will commit this to memory. 1000 stars! -- E Archer, NYC 3
We hold this truth to be self-evident. -- Mike, Norwalk 3
-- Mary, MI
-- jim k, Austin
This is the 'systemic' servitude of the Banks. If every dollar bill is an IOU, then no matter how prosperous we get, we are merely acquiring more debt. It is capitalism inside-out. There is no way out — permanent interest-bearing debt forever just to live. The People must never figure this out, or else the war will be brought into the open. -- E Archer, NYC