Thomas Jefferson: Founding Father Quote




Thomas Jefferson Quote
United States Founding Father

Quote 168 details Share on Google+ - Quote 168 Linked In Share Button - Quote 168
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 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) 3rd president of US (1743 - 1826) - This has been reported as spurious because deflation was not used until the 1920s.
Respectfully quoted: A dictionary of quotations...



If you just want to share the link to this page, please use this link: http://www.foundingfatherquotes.com/quote/168