--- title: "Meaning & Key Takeaway of: I believe that banking institutions are…" description: "\"I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that ha..." image: "https://sms4smile.com/quotes/i/192/thomas-jefferson-43_aristocracy_i-believe-that-banking-institutions-are_1845290.jpg" --- # I believe that banking institutions are more dangerous to… ![“I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the Government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.” quote by Thomas Jefferson](https://sms4smile.com/quotes/i/192/thomas-jefferson-43_aristocracy_i-believe-that-banking-institutions-are_1845290.jpg) [Download](https://sms4smile.com/quotes/i/192/thomas-jefferson-43_aristocracy_i-believe-that-banking-institutions-are_1845290.jpg) [Open image](https://sms4smile.com/quotes/i/192/thomas-jefferson-43_aristocracy_i-believe-that-banking-institutions-are_1845290.jpg) > “I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the Government at defiance. The issuing power should be taken from the banks and restored to the people to whom it properly belongs.” [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Banks concentrate economic power, threatening individual freedom and democratic control. **In simple terms:** Banks can endanger liberty. Key Takeaway Limit bank power, empower citizens. Themes liberty economics politics power democracy Mood cautious critical Type political historical When to use this quote - policy reform - financial education - citizen activism - legislative lobbying Key Concepts financial centralization elite class government defiance Questions to Reflect On - How can we balance financial stability with liberty? - What safeguards protect against elite financial control? A Different Perspective Banks may also provide stability and credit essential for growth. ★ ★ ★ ★ ★ No ratings yet [Aristocracy](https://sms4smile.com/quotes/about/aristocracy/) [Army](https://sms4smile.com/quotes/about/army/) [Banking](https://sms4smile.com/quotes/about/banking/) [Banks](https://sms4smile.com/quotes/about/banks/) [Central banking](https://sms4smile.com/quotes/about/central-banking/) [Central banks](https://sms4smile.com/quotes/about/central-banks/) [Central government](https://sms4smile.com/quotes/about/central-government/) [Defiance](https://sms4smile.com/quotes/about/defiance/) [Federal reserve](https://sms4smile.com/quotes/about/federal-reserve/) [Freedom](https://sms4smile.com/quotes/about/freedom/) [Government](https://sms4smile.com/quotes/about/government/) [Institutions](https://sms4smile.com/quotes/about/institutions/) [Liberty](https://sms4smile.com/quotes/about/liberty/) [Monetary system](https://sms4smile.com/quotes/about/monetary-system/) [New world order](https://sms4smile.com/quotes/about/new-world-order/) [People](https://sms4smile.com/quotes/about/people/) [Politics](https://sms4smile.com/quotes/about/politics/) ## Related quotes > [I believe that banking institutions are more dangerous to our liberties than standing armies.](https://sms4smile.com/quotes/thomas-jefferson/i-believe-that-banking-institutions-are-more-dangerous-to-our-2/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [“believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a monied aristocracy that has set…](https://sms4smile.com/quotes/mark-goodwin/believe-that-banking-institutions-are-more-dangerous-to-our-liberties/) [Mark Goodwin](https://sms4smile.com/quotes/author/mark-goodwin/) > [We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the world.](https://sms4smile.com/quotes/woodrow-wilson/we-have-come-to-be-one-of-the-worst-ruled-one-of-the-most-completely/) [Woodrow Wilson](https://sms4smile.com/quotes/author/woodrow-wilson/) > [The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying…](https://sms4smile.com/quotes/abraham-lincoln/the-government-should-create-issue-and-circulate-all-the-currency-and/) [Abraham Lincoln](https://sms4smile.com/quotes/author/abraham-lincoln/) > [“I believe that banking institutions are more dangerous to our liberties than standing armies." ---Thomas Jefferson”](https://sms4smile.com/quotes/henry-makow/i-believe-that-banking-institutions-are-more-dangerous-to-our/) [Henry Makow](https://sms4smile.com/quotes/author/henry-makow/) > [ The issuing power \[of money\] should be taken from the banks and restored to the people, to whom it properly belongs. ](https://sms4smile.com/quotes/thomas-jefferson/the-issuing-power-of-money-should-be-taken-from-the-banks-and/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [We are overdone with banking institutions, which have banished the precious metals, and substituted a more fluctuating and unsafe medium... These have withdrawn capital…](https://sms4smile.com/quotes/thomas-jefferson/we-are-overdone-with-banking-institutions-which-have-banished-the/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [“I sincerely believe the banking institutions having the issuing power of money, are more dangerous to liberty than standing armies.”](https://sms4smile.com/quotes/thomas-jefferson/i-sincerely-believe-the-banking-institutions-having-the-issuing-power/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [This Federal Reserve Act establishes the most gigantic trust on earth. When the President (Wilson) signs this bill the invisible government of the Monetary…](https://sms4smile.com/quotes/charles-august-lindbergh/this-federal-reserve-act-establishes-the-most-gigantic-trust-on-earth/) Charles August Lindbergh > [Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . Lenin was…](https://sms4smile.com/quotes/john-maynard-keynes/lenin-is-said-to-have-declared-that-the-best-way-to-destroy-the-3/) [John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/) > [I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country.](https://sms4smile.com/quotes/abraham-lincoln/i-see-in-the-near-future-a-crisis-approaching-that-unnerves-me-and-2/) [Abraham Lincoln](https://sms4smile.com/quotes/author/abraham-lincoln/) > [If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to…](https://sms4smile.com/quotes/andrew-jackson/if-congress-has-the-right-under-the-constitution-to-issue-paper-money/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [The Federal Reserve is one of the most corrupt institutions the world has ever seen. There is not a man within the sound of…](https://sms4smile.com/quotes/louis-thomas-mcfadden/the-federal-reserve-is-one-of-the-most-corrupt-institutions-the-world/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) > [And who can suffer injury by just taxation, impartial laws and the application of the Jeffersonian doctrine of equal rights to all and special…](https://sms4smile.com/quotes/william-jennings-bryan/and-who-can-suffer-injury-by-just-taxation-impartial-laws-and-the/) [William Jennings Bryan](https://sms4smile.com/quotes/author/william-jennings-bryan/) > [There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.](https://sms4smile.com/quotes/john-maynard-keynes/there-is-no-subtler-no-surer-means-of-overturning-the-existing-basis/) [John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/) ## More by Thomas Jefferson > [A man has a right to use a saw, an axe, a plane, separately; may he not combine their uses on the same piece…](https://sms4smile.com/quotes/thomas-jefferson/a-man-has-a-right-to-use-a-saw-an-axe-a-plane-separately-may-he-not/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [Believing with you that religion is a matter which lies solely between man and his God, that he owes account to none other for…](https://sms4smile.com/quotes/thomas-jefferson/believing-with-you-that-religion-is-a-matter-which-lies-solely/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [ \[States and the Federal government are\] coordinate departments of one simple and integral whole... The one is the domestic, the other the foreign branch… ](https://sms4smile.com/quotes/thomas-jefferson/states-and-the-federal-government-are-coordinate-departments-of-one/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [I am for freedom of religion, and against all maneuvers to bring about a legal ascendency of one sect over another.](https://sms4smile.com/quotes/thomas-jefferson/i-am-for-freedom-of-religion-and-against-all-maneuvers-to-bring-about/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [Single acts of tyranny may be ascribed to the accidental opinion of a day; but a series of oppressions, begun at a distinguished period…](https://sms4smile.com/quotes/thomas-jefferson/single-acts-of-tyranny-may-be-ascribed-to-the-accidental-opinion-of-a/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [“Perceiving the order of nature to be that individual happiness shall be inseparable from the practice of virtue, I am willing to hope it…](https://sms4smile.com/quotes/thomas-jefferson/perceiving-the-order-of-nature-to-be-that-individual-happiness-shall/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [Free government is founded in jealousy, and not in confidence; it is jealousy, and not confidence, which prescribes limited constitutions, to bind down those…](https://sms4smile.com/quotes/thomas-jefferson/free-government-is-founded-in-jealousy-and-not-in-confidence-it-is/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [Though you cannot see, when you take one step, what will be the next, yet follow truth, justice, and plain dealing, and never fear…](https://sms4smile.com/quotes/thomas-jefferson/though-you-cannot-see-when-you-take-one-step-what-will-be-the-next/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [A well informed citizenry is the best defense against tyranny.](https://sms4smile.com/quotes/thomas-jefferson/a-well-informed-citizenry-is-the-best-defense-against-tyranny/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [The two principles on which our conduct towards the Indians should be founded are justice and fear. After the injuries we have done them,…](https://sms4smile.com/quotes/thomas-jefferson/the-two-principles-on-which-our-conduct-towards-the-indians-should-be/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [Knowledge is power...knowled ge is safety...knowle dge is happiness.](https://sms4smile.com/quotes/thomas-jefferson/knowledge-is-power-knowled-ge-is-safety-knowle-dge-is-happiness/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [There is... an artificial aristocracy founded on wealth and birth, without either virtue or talents... The artificial aristocracy is a mischievous ingredient in government,…](https://sms4smile.com/quotes/thomas-jefferson/there-is-an-artificial-aristocracy-founded-on-wealth-and-birth/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [Nothing but free argument, raillery and even ridicule will preserve the purity of religion.](https://sms4smile.com/quotes/thomas-jefferson/nothing-but-free-argument-raillery-and-even-ridicule-will-preserve/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [When the people are afraid of the government, that's tyranny. But when the government is afraid of the people, that's liberty.](https://sms4smile.com/quotes/thomas-jefferson/when-the-people-are-afraid-of-the-government-that-s-tyranny-but-when/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [“We hold these truths to be self-evident, that all men are created equal, that they are endowed, by their Creator, with certain unalienable Rights,…](https://sms4smile.com/quotes/thomas-jefferson/we-hold-these-truths-to-be-self-evident-that-all-men-are-created/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) [Explore all 2,098 Thomas Jefferson quotes ](https://sms4smile.com/quotes/author/thomas-jefferson/) ## More Aristocracy quotes > [When I was trying to come up with a stage name, I thought 'Lord' was super rad, but really masculine - ever since I…](https://sms4smile.com/quotes/lorde/when-i-was-trying-to-come-up-with-a-stage-name-i-thought-lord-was/) [Lorde](https://sms4smile.com/quotes/author/lorde/) > [Philosopher is a dictator who modifies accepted standards with his thoughts.](https://sms4smile.com/quotes/ilkin-santak/philosopher-is-a-dictator-who-modifies-accepted-standards-with-his/) [Ilkin Santak](https://sms4smile.com/quotes/author/ilkin-santak/) > [Motherland is our property and we have right to handle our properties as pleased. The jokes about death for the sake of the motherland…](https://sms4smile.com/quotes/ilkin-santak/motherland-is-our-property-and-we-have-right-to-handle-our-properties/) [Ilkin Santak](https://sms4smile.com/quotes/author/ilkin-santak/) > [There is... an artificial aristocracy founded on wealth and birth, without either virtue or talents... The artificial aristocracy is a mischievous ingredient in government,…](https://sms4smile.com/quotes/thomas-jefferson/there-is-an-artificial-aristocracy-founded-on-wealth-and-birth/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [Your best friends are your principles, if you havent them, dont look for another friend.](https://sms4smile.com/quotes/ilkin-santak/your-best-friends-are-your-principles-if-you-havent-them-dont-look/) [Ilkin Santak](https://sms4smile.com/quotes/author/ilkin-santak/) > [A strong saying is not afraid of criticism, because it includes all the answers to criticism.](https://sms4smile.com/quotes/ilkin-santak/a-strong-saying-is-not-afraid-of-criticism-because-it-includes-all/) [Ilkin Santak](https://sms4smile.com/quotes/author/ilkin-santak/) > [“I believe in aristocracy, though -- if that is the right word, and if a democrat may use it. Not an aristocracy of power,…](https://sms4smile.com/quotes/e-m-forster-2/i-believe-in-aristocracy-though-if-that-is-the-right-word-and-if-a/) [E.M. Forster](https://sms4smile.com/quotes/author/e-m-forster-2/) > [24.9 percent of American children live in poverty, while the proportions in Germany, France and Italy are 8.6, 7.4 and 10.5 percent. And once…](https://sms4smile.com/quotes/will-hutton/24-9-percent-of-american-children-live-in-poverty-while-the/) [Will Hutton](https://sms4smile.com/quotes/author/will-hutton/) > [Tomorrow every Duchess in London will be waiting to kiss me.](https://sms4smile.com/quotes/ramsay-macdonald/tomorrow-every-duchess-in-london-will-be-waiting-to-kiss-me/) [Ramsay MacDonald](https://sms4smile.com/quotes/author/ramsay-macdonald/) > [“Why do these big old country houses always have family portraits in the dining room? 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The worries of the…](https://sms4smile.com/quotes/george-jean-nathan/common-sense-in-so-far-as-it-exists-is-all-for-the-bourgeoisie/) [George Jean Nathan](https://sms4smile.com/quotes/author/george-jean-nathan/) [Browse all 426 Aristocracy quotes ](https://sms4smile.com/quotes/about/aristocracy/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "I believe that banking institutions are more dangerous to our liberties than standing armies. Already they have raised up a moneyed aristocracy that has set the Government at defiance. 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