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Quotations

"The paramount question of the day is not political, is not religious, but is economic. The crying demand of today is for a circle of principles that shall forever make it impossible for one man to control another by controlling the means of his existence."

– Voltairine de Cleyre, The Economic Tendency of Freethought

"If people living in an area cannot trade among themselves without using money issued by outsiders, their local economy will always be at the mercy of events elsewhere."

– Richard Douthwaite, Short Circuit

"A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain."

– Robert Frost

"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a money aristocracy that has set the government at defiance. The issuing power should be taken from the banks, and restored to the people to whom it properly belongs."

– Thomas Jefferson, Letter to the Secretary of the Treasury Albert Gallatin (1802)

"A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom."

– Woodrow Wilson, The New Freedom