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Bankers Quote by Josiah Stamp

“But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.” quote by Josiah Stamp
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“But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.”

Josiah Stamp

About This Quote

Source Speech: Economic Commentary, 1930s, United Kingdom

Continuing to rely on banks makes individuals dependent and powerless, perpetuating financial oppression.

In simple terms: Bank reliance creates dependence and oppression.

Key Takeaway

Seek financial independence.

Themes

economics freedom power dependence

Mood

critical reflective

Type

analytical political

When to use this quote

  • personal budgeting
  • entrepreneurship
  • investment strategies
  • community banking
  • policy advocacy

Key Concepts

capitalism financial control slavery

Questions to Reflect On

  • How can individuals reduce reliance on banks?
  • What alternatives exist for credit creation?
A Different Perspective

Banks also provide essential services; abandoning them entirely may be impractical.

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