Famous quote by Thomas Jefferson

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I believe that banking institutions are more dangerous to our liberties than standing armies
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"I believe that banking institutions are more dangerous to our liberties than standing armies"

- Thomas Jefferson

About this Quote

Thomas Jefferson's quote recommends that he believes that financial organizations position a higher risk to our liberties than standing militaries. He likely believes this due to the fact that financial organizations have the power to regulate the economic situation and also manipulate the economic system, which can cause a loss of flexibility and autonomy for individuals. Financial organizations can also be used to affect national politics as well as policy, which can lead to a lack of representation for people. Moreover, financial organizations can be made use of to produce financial inequality, which can lead to a lack of opportunity as well as an absence of accessibility to sources. Ultimately, Jefferson's quote suggests that financial organizations can be used to threaten the freedoms of citizens, which they are a greater hazard to our freedoms than standing militaries.

About the Author

Thomas Jefferson This quote is written / told by Thomas Jefferson between April 13, 1743 and July 4, 1826. He was a famous President from USA. The author also have 143 other quotes.

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