Armies Quote by Thomas Jefferson
“I sincerely believe... that banking establishments are more dangerous than standing armies.”
About This Quote
Source Letter: Letter to John Adams, 1798
He warns that financial institutions can wield more power and cause more harm than military forces.
In simple terms: Banks can be more dangerous than armies.
Beware the influence of banks.
Themes
Mood
Type
When to use this quote
- policy making
- investment decisions
- public discourse
- regulatory reform
Key Concepts
Questions to Reflect On
- How do banks affect national security?
- What safeguards can limit their power?
Banks can also provide essential services and stability.