Selling off the family silver – Budget Day

Alistair Darling is expected to privatise the Royal Mint as part of his budget, in an effort to raise cash to pay for the country’s massive debt.

The Bank of England, a private bank, issues our currency, and now we are also to lose control over the minting of money?

I’m reminded of Thomas Jefferson, who said:

If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and the corporations which grow up around them, will deprive the people of all property until their children wake up homeless on the continent their fathers conquered.

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