Back again Quote by Josiah Stamp
“Banking was conceived in iniquity and born in sin... Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen, they will create enough money to buy it back again... Take this great power away from them and all the great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in... But, if you want to continue to be a slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit.”
About This Quote
Source Speech: Public Lecture on Banking, 1930s, United Kingdom
The quote critiques the concentration of monetary power in bankers, arguing that removing their ability to create money would reduce inequality and improve society.
In simple terms: Bankers control money; removing that power could create a fairer world.
Key Takeaway
Advocate for monetary reform and decentralized finance.
Themes
economics
power
inequality
politics
banking
Mood
critical
concerned
determined
Type
political
economic
philosophical
When to use this quote
- policy debate
- financial regulation
- economic activism
- public education
Key Concepts
monetary policy
financial control
wealth distribution
Questions to Reflect On
- How would society function without centralized money creation?
- What alternatives could replace current banking systems?
A Different Perspective
Implementation of reforms faces resistance from entrenched interests and complex legal frameworks.
![“[My advice] will one day be found With other relics of 'a former world,' When this world shall be former, underground, Thrown topsy-turvy, twisted, crisped, and curled, Baked, fried or burnt, turned inside-out, or drowned, Like all the worlds before, which have been hurled First out of, and then…” quote by Lord Byron](https://sms4smile.com/quotes/img-quotes/69e/lord-byron-356_advice_my-advice-will-one-day-be-found-with-oth_194480.jpg)
