Thomas Jefferson quote (banks)

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Uploaded by on Sep 7, 2011

Thomas Jefferson quote about banks he abolished the first national bank. the quote goes "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."

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  • He is to me the greatest founding father and President America has ever had. He is one who truly believes in the people.

  • and that is what reality is now.

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