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http://www.barefootsworld.net/prophesy.html http://www.barefootsworld.net/prophesy.html Thomas Jefferson -- The Debate Over The Recharter Of The Bank Bill, (18
by maeon3 16y ago
http://www.barefootsworld.net/prophesy.html http://www.barefootsworld.net/prophesy.html
Thomas Jefferson -- The Debate Over The Recharter Of The Bank Bill, (1809)
"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." --
- gruseom 16y agoThat quote is a forgery. http://www.snopes.com/quotes/jefferson/banks.asp http://www.snopes.com/quotes/jefferson/banks.asp Turns out "inflation" and "deflation" weren't used during Jefferson's lifetime: http://www.bartleby.com/73/1204.html http://www.bartleby.com/73/1204.html