What is banking?

This blog just consists of three quotes.

The first is by Sir Joshiah Stamp. Director of the Bank of England, 1928-1941 (reputed to be the second richest man in England at the time).

“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, 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.”

A slightly shorter one from a Russian that bears out Sir Joshiah’s remarks is from Leo Tolstoy who said:

“Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal, and there is no human relation between master and slave.”

And finally, Johann Wolfgang von Goethe wrote:

“None are more enslaved than those who falsely believe they are free.”


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