Quote

“We are overdone with banking institutions, which have banished the precious metals, and substituted a more fluctuating and unsafe medium.... These have withdrawn capital from useful improvements and employments to nourish idleness.... [These] are evils more easily to be deplored than remedied.” (Thomas Jefferson, Writings of Thomas Jefferson, 12:379-80.)

Related Categories
Money
Money: Central Banks / Federal Reserve
Money: Inflation