I believe that banking institutions are more dangerous to our liberties than standing armies.
Interpretation
Jefferson warns that banks pose a greater threat to freedom than military forces.
In this quote, Thomas Jefferson expresses his concern over the influence and power of banking institutions, suggesting that they can undermine individual liberties more severely than the presence of a military. He emphasizes the potential for economic systems to manipulate and control societies, highlighting the need for vigilance in protecting democratic freedoms against the power of financial entities.
In practice
In a speech about financial reform, one might use this quote to emphasize the importance of regulating banking practices.
The firmness with which the (American) people have withstood the... abuses of the press, the discernment they have manifested between truth and falsehood, show that they may safely be trusted to hear everything true and false and to form a correct judgment between them.
I, place economy among the first & most important republican virtues, & public debt as the greatest of the dangers to be feared
βWe must make our choice between economy and liberty or confusion and servitude...If we run into such debts, we must be taxed in our meat and drink, in our necessities and comforts, in our labor and in our amusements...if we can prevent the government from wasting the labor of the people, under the pretense of caring for them, they will be happy.
Very many and very meritorious were the worthy patriots who assisted in bringing back our government to its republican tack. To preserve it in that, will require unremitting vigilance.
A nation, as a society, forms a moral person, and every member of it is personally responsible for his society.
Timid men prefer the calm of despotism to the tempestuous sea of liberty.
Economics and a reliance on science and technology to solve our problems has led to an unsustainable situation where continued growth in consumption is required for governments and business to be considered successful. This is a form of insanity. Economics is at the heart of our destructive ways and our faith in it has blinded us
Faith is the choice of the nobler hypothesis.' Not the noblest, one never knows what that is. But the nobler, the best one can see when the choice is made.
We must recognize the fundamental rights of man. There can be no true national life in our democracy unless we give unqualified recognition to freedom of religious worship and freedom of education.
Old Tom Bombadil is a merry fellow, Bright blue his jacket is, and his boots are yellow. None has ever caught him yet, for Tom, he is the Master: His songs are stronger songs, and his feet are faster.
But if nothing but soul, or in soul mind, is qualified to count, it is impossible for there to be time unless there is soul, but only that of which time is an attribute, i.e. if change can exist without soul.
Salvation means knowing the truth. We do not become anything; we are what we are. Salvation [comes] by faith and not by work. It is a question of knowledge! You must know what you are, and it is done. The dream vanishes. This you [and others] are dreaming here. When they die, they go to [the] heaven [of their dream]. They live in that dream, and [when it ends], they take a nice body [here], and they are good people.
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