Oct 29, 2009

Andrew Jackson on central banking

[The Bank of the United States (precursor to the Fed)] is a monster, a hydra-headed monster... equipped with horns, hoofs, and a tail so dangerous that it impaired the morals of our people, corrupted our statesmen, and threatened our liberty. It bought up members of Congress by the Dozen... subverted the electoral process, and sought to destroy our republican institutions.

~ Andrew Jackson, March 1829

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