Bankers Quote by Josiah Stamp
““The bankers own the Earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take away from them the power to create money and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money.””
About This Quote
Source Speech: Economic Reform Talk, 1935
He argues that removing bankers’ power to create money would eliminate wealth inequality, but warns that people may prefer the status quo of financial control.
In simple terms: Removing money‑creation power from banks could end great fortunes.
Key Takeaway
Question the concentration of monetary power.
Themes
economics
power
inequality
reform
freedom
Mood
critical
visionary
Type
political
economic
When to use this quote
- financial regulation
- political activism
- wealth management
- social justice
Key Concepts
monetary policy
wealth distribution
Questions to Reflect On
- What would happen if money creation were democratized?
- How would society adapt to a new financial system?
A Different Perspective
A shift could cause economic instability.
![“What I think is bugging this guy [Steven Lerner] is the belief that debt - forced debt upon middle-class people, students (i.e., student loans and so forth) - has made Wall Street bankers and financial people excessively, unfairly, out-of-proportionally rich.” quote by Rush Limbaugh](https://sms4smile.com/quotes/img-quotes/f15/rush-limbaugh-28_bankers_what-i-think-is-bugging-this-guy-steven_28590.jpg)
