--- title: "Meaning & Key Takeaway of: believe that banking institutions are…" description: "\"“believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has ..." image: "https://sms4smile.com/quotes/i/e17/mark-goodwin-39621_banks_believe-that-banking-institutions-are-mo_3179140.jpg" --- # believe that banking institutions are more dangerous to… ![“believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly…” quote by Mark Goodwin](https://sms4smile.com/quotes/i/e17/mark-goodwin-39621_banks_believe-that-banking-institutions-are-mo_3179140.jpg) [Download](https://sms4smile.com/quotes/i/e17/mark-goodwin-39621_banks_believe-that-banking-institutions-are-mo_3179140.jpg) [Open image](https://sms4smile.com/quotes/i/e17/mark-goodwin-39621_banks_believe-that-banking-institutions-are-mo_3179140.jpg) > ““believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs." -Thomas Jefferson”” [Mark Goodwin](https://sms4smile.com/quotes/author/mark-goodwin/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The author argues that banks threaten liberty more than armies, urging monetary power be returned to the people. **In simple terms:** Banks can threaten freedom; money should belong to people. Key Takeaway Advocate for public control of money. Themes liberty economics power government aristocracy Mood cautious determined Type political philosophical When to use this quote - voting - policy reform - financial education Key Concepts monetary policy political theory Questions to Reflect On - How can citizens ensure money stays public? - What safeguards prevent financial oligarchy? A Different Perspective Power can be centralized in banks, limiting freedom. ★ ★ ★ ★ ★ No ratings yet [Banks](https://sms4smile.com/quotes/about/banks/) [Politics](https://sms4smile.com/quotes/about/politics/) ## Related quotes > [I believe that banking institutions are more dangerous to our liberties than standing armies. 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