Thomas Jefferson on Bank Control

Posted by admin on Saturday, May 28, 2011

Thomas Jefferson Money Quotation saying controlling the ebb and flow of cash in our society is a complex process of regulation, taxation and legislation that banks should have less control of. Thomas Jefferson said:

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
— Thomas Jefferson

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