A banker speaks - Josiah Stamp on the evils of banking

"Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough money to buy it back again…

Take this great power away from them and all great fortunes like mine will disappear, and they ought to disappear, for then this would be a better and happier world to live in. But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit."

Josiah Stamp
Director of the Bank of England, 1928-1941

yelamdenu: Make up for the gap in your education: learn now what money really is, and how the economy really works