Prescient Bank Quote From Thomas Jefferson

In this holiday time, we feel it necessary to mention the words of the American Founding Father, Thomas Jefferson, who warned his fellow citizens over 200 years ago about what is happening today by saying:

“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.” 

Not only should people realize how prescient the Jefferson quote is but also how much truth lies in the statement.

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