Peter Schuyler Quote
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Savers have to be punished so debtors can be saved.Why? Because if debtors are rescued, that makes it possible for more debts to be issued in the future.And why is that important? Because the banking...
Chris Martenson
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banking, banking system, banks, corrupt, corruption, debt, debtor, economics, economy, finance
About Peter Schuyler
Pieter Schuyler (17 September 1657 – 19 February 1724) was the first mayor of Albany, New York. A long-serving member of the executive council of the Province of New York, he acted as governor of the Province of New York on three occasions – twice for brief periods in 1709, after the death of Lord Lovelace, and also from 1719 to 1720, after Robert Hunter left office.