Thomas Jefferson Quote

Famous Quote from Thomas Jefferson,

"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."

By:

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

Source:

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)

Kindle Source:

stated in 1811 when President Jefferson refused to renew<br/>the charter for the First Bank of the United States

Categories:

Money, Freedom, Constitution, Liberty, Banking, President

Rating:

Kindle Categories:

Banking

By:	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
Source:	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)
Kindle Source:	stated in 1811 when President Jefferson refused to renew<br/>the charter for the First Bank of the United States
Categories:	Money, Freedom, Constitution, Liberty, Banking, President
Rating:
Kindle Categories:	Banking