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|box (profile) wrote, |
on 12-29-2009 at 4:29am
|Subject: This is the kind of thing we need to hear these days.
|I believe that banking institutions are more dangerous to our
liberties than standing armies. If the American people ever allow
private banks to control the issue of their currency, first by
inflation, then by deflation, the banks and corporations that will grow
up around [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, Letter to the Secretary of the Treasury Albert Gallatin (1802)
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