It's not like we weren't warned about this. Over and over...and over..and over.
"the trifling economy of paper as a cheaper medium, or it’s convenience for transmission weigh nothing in opposition to the advantages of the precious metals; that it is liable to be abused, has been, is, and for ever will be abused in every country in which it is permitted"
-Thomas Jefferson, Letter to John Wayles Eppes, 6 November 1813
#endthefed
It's not like we weren't warned about this. Over and over...and over..and over.
"the trifling economy of paper as a cheaper medium, or it’s convenience for transmission weigh nothing in opposition to the advantages of the precious metals; that it is liable to be abused, has been, is, and for ever will be abused in every country in which it is permitted"
-Thomas Jefferson, Letter to John Wayles Eppes, 6 November 1813
#endthefed