Something to Think About – Banking
If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks…will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered…. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. – Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)
Posted on July 28, 2013, in Banking, politics, USA and tagged Americans, Financial institution, History, James Madison, Private bank, Standing army, Thomas Jefferson, United States. Bookmark the permalink. Leave a comment.