|Open Wiki||Open InfoG||New Quote|
"The system of banking [is] a blot left in all our Constitutions, which, if not covered, will end in their destruction... I sincerely believe that banking institutions are more dangerous than standing armies; and that the principle of spending money to be paid by posterity... is but swindling futurity on a large scale."
Thomas Jefferson (more quotes by Thomas Jefferson or books by/about Thomas Jefferson)
(1743-1826), US Founding Father, drafted the Declaration of Independence, 3rd US President
(1743-1826) U.S. Founding Father, 3rd US President
stated in 1811 when President Jefferson refused to renew the charter for the First Bank of the United States (the 2nd central bank chartered by Congress in 1791)
stated in 1811 when President Jefferson refused to renew<br/>the charter for the First Bank of the United States
Money, Freedom, Constitution, Liberty, Banking, President