Jefferson’s chilling warnings about unchecked fiat, paper money printing proved prophetic as the U.S. plunged into its first boom-bust economic crisis in the early 19th century.

Path to Liberty, Fast Friday Edition: April 19, 2024

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Maharrey: Thomas Jefferson’s Warnings and Predictions about the Dangers of Money-Printing

A Brief History of Panics and Their Periodical Occurrence in the United States (1916)

Thomas Jefferson, Letter to Thomas Cooper (16 Jan 1814)

Murray Rothbard – The Panic of 1819

Thomas Jefferson – Letter to John Adams (21 Mar 1819)

John Adams – Letter to Thomas Jefferson (24 Feb 1819)

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The post Thomas Jefferson’s Prediction of Economic Meltdown and Its Relevance Today appeared first on Tenth Amendment Center.