Thomas Jefferson

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.

 

 

Thomas Jefferson (Letter to the Secretary of the Treasury Albert Gallatin, 1802)