“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 will grow up around them, 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.”
“I believe that banking institutions are more dangerous to our liberties than standing armies.”
“I wish it were possible to obtain a single amendment to our constitution – taking from the federal government their power of borrowing.”
-Thomas Jefferson
Was Mr. Jefferson a genius, or had he seen this experiment play out before the Republic came to be?
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