Thomas Jefferson was one of our nation’s primary “founding fathers”, author and signer of the declaration of Independence, third President Of The United States (from 1801 to 1809), and staunch opponent of Alexander Hamilton’s central bank, the First Bank of the United States.
Thomas Jefferson was also a prolific writer and quite out spoken on the subjects of freedom, tyranny and the need for an aware population and limited government. There are many quotes attributed to Thomas Jefferson and you might enjoy reviewing a few of them here.
On the eve of a highly anticipated announcement by our Federal Reserve Chairman, “The Great Bernank”, I’ll conclude this post with a quote concerning central banking:
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.
Thomas Jefferson, (Attributed)
3rd president of US (1743 – 1826)