Modern banking according to Josiah Charles Stamp
http://en.wikipedia.org/wiki/J.C._Stamp
"Banking was conceived in iniquity and was born in sin. The 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 deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money ." - Josiah Stamp
Josiah Charles Stamp, 1st Baron Stamp, Bt, GCB, GBE, FBA, (June 21, 1880-April 16, 1941) was a British civil servant, industrialist, economist, statistician and banker. He was a director of the Bank of England and chairman of the London Midland and Scottish Railway.
http://thinkexist.com/quotes/josiah_charles_stamp/
http://www.brainyquote.com/quotes/au...iah_stamp.html
"Banking was conceived in iniquity and was born in sin. The 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 deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money ." - Josiah Stamp
Josiah Charles Stamp, 1st Baron Stamp, Bt, GCB, GBE, FBA, (June 21, 1880-April 16, 1941) was a British civil servant, industrialist, economist, statistician and banker. He was a director of the Bank of England and chairman of the London Midland and Scottish Railway.
http://thinkexist.com/quotes/josiah_charles_stamp/
http://www.brainyquote.com/quotes/au...iah_stamp.html
Comment