#063: “More Dangerous Than Standing Armies”

I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.*

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* Letter to John Taylor (28 May 1816) ME 15:23 https://en.wikiquote.org/wiki/Thomas_Jefferson

Thomas Jefferson (April 13, 1743[a] – July 4, 1826) was an American statesman, diplomat, lawyer, architect, philosopher, and Founding Father who served as the third president of the United States from 1801 to 1809. He had previously served as the second vice president of the United States under John Adams between 1797 and 1801. The principal author of the Declaration of Independence, Jefferson was a proponent of democracy, republicanism, and individual rights, motivating American colonists to break from the Kingdom of Great Britain and form a new nation; he produced formative documents and decisions at both the state and national levels. https://en.wikipedia.org/wiki/Thomas_Jefferson