Woodrow Wilson Quotes: The Warning About Private Credit Power and Economic Freedom

„A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom.“

Woodrow WilsonWoodrow Wilson warns about the power of private creditors restricting economic freedom and controlling an industrial nation's growth.

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Woodrow Wilson was the 28th president of the United States and a central figure in early 20th-century politics.

This quote highlights the concentration of power within the private credit system and warns of the dangers this poses to economic freedom. It encourages reflection on the structure of our financial systems.

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Woodrow Wilson|authority, democracy, economy, fascism, feudalism, fiat money, globalization, mass media, monetary system, politics, press, secret society, slavery, socialism, state, technocracy, tyranny

Thomas Woodrow Wilson (1856–1924) was an American politician and the 28th President of the United States. He was a professor and president of Princeton University before serving as governor of New Jersey. Wilson led the U.S. through World War I and advocated for the League of Nations. His political ideas and reforms had a great influence on American domestic and foreign policy.