#5. “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 them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered…I believe that banking institutions are more dangerous to our liberties than standing armies… The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.”
Jefferson never said that. And DAMN IT! Because that is one awesome, and totally true statement. Whoever said it was definitely on to something, but it wasn’t ole Tommy boy. The first time it appeared was in a newspaper in 1933, according to Monticello.
But take heart! Jefferson did say something that was similar in a letter to John Taylor in 1816.
He said:
“And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.”
So take the real quote and use it. Besides, Jefferson said something else that was totally awesome on the problem with central banks when he said in a letter to John Wayles Eppes in 1813:
“Bank-paper must be suppressed, and the circulating medium must be restored to the nation to whom it belongs.”
Sweet! That’s a pretty damn awesome quote there. And we didn’t need to make any BS up. Jefferson was obviously an enemy to the central banking institutions, so let’s use his REAL words as slings and arrows against our outrageous fortunes, shall we?
