“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 a pen, they will create enough money to buy it back again... Take this great power away from them and all the great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in... But, if you want to continue to be a slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit.”
Sir Josiah Stamp
Sir Josiah Stamp was the Governor of the Bank of England from 1928 and one of Britain’s most influential economists of his time.
This quote reveals the power of banks and calls us to critically reflect on the creators of money and its consequences.
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Sir Josiah Stamp on the Incredible Power of the Banking System – Shocking Truths Revealed!
Sir Josiah Stamp reveals the astonishing ability of banks to create money from nothing – a truth that shakes our financial system.
Sir Josiah Charles Stamp, 1st Baron Stamp (1880–1941), was a British economist, banker and statistician who served as Governor of the Bank of England from 1928. He played a significant role in economic and financial matters and left a lasting impact on the understanding of the banking system through his speeches and writings.
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