"This decision, which is legally sound, has the effect of declaring all private mortgages on real and personal property, and all U.S. and State bonds held by the Federal Reserve, National, and State banks to be null and void. This amounts to the emancipation of this Nation from personal, national, and state debt purportedly owed to this banking system. Every American owes it to himself to study this decision very carefully, for upon it hangs the question of freedom or slavery."
~ Jerome Daly
Is it an exaggeration to say the financial and banking system of today have re-enslaved the country? Or is there a serious argument to be made, that explains why all those who build and create all the value of the modern, somehow owe it all back to the bankers, to those who contributed nothing to its creation. How can that be? Find out in Daniel Prince's recent piece, "Usury, Your Bank, and You."
Check out the original article at Usury, Your Bank, And You. (Link: http://tinyurl.com/27nwdcyj)
Mentioned in the take
Broken Money: Why Our Financial System Is Failing Us and How We Can Make It Better by Lyn Alden (Link: https://a.co/d/dGnqS4G )
The Fiat Standard: Debt Slavery Alternative to Human Civilization by Saifedean Ammous (Link: https://a.co/d/dXa4HpF)
Layered Money: From Gold and Dollars to Bitcoin and Central Bank Digital Currencies by Nik Bhatia (Link: https://a.co/d/dlxqudX)
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