Thomas Jefferson Banking Quotations

I sincerely believe that banking institutions are more dangerous to our liberties than standing armies. The issuing powers should be taken from the banks and restored to the people to whom it properly belongs.

Banking establishments are more dangerous than standing armies.

The system of banking have[for]ever reprobated. I contemplate it as a blot left in all our Constitutions, which, if not covered, will end in their destruction, which is already hit by the gamblers in corruption, and is sweeping away in its progress the fortunes and morals of our citizens.

We are overdone with banking institutions, which have banished the precious metals, and substituted a more fluctuating and unsafe medium... These have withdrawn capital from useful improvements and employments to nourish idleness... These are evils more easily to be deplored than remedied.