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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Quote by Woodrow Wilson about private credit controlling economic freedom

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.

Quote by Woodrow Wilson about the control of the government and the credit systemCopyright © yoice.net – Quote Artwork
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"I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men." Woodrow Wilson
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Quote by Woodrow Wilson about hidden power influencing commerce and politicsCopyright © yoice.net – Quote Artwork
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"Since I entered politics, I have chiefly had men's views confided to me privately. Some of the biggest men in the United States, in the field of commerce and manufacture, are afraid of somebody, are afraid of something. They know that there is a power somewhere so organized, so subtle, so watchful, so interlocked, so complete, so pervasive, that they had better not speak above their breath when they speak in condemnation of it." Woodrow Wilson
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Quote by James Abram Garfield about control of money and its impact on industry and commerceCopyright © yoice.net – Quote Artwork
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"Whoever controls the volume of money in our country is absolute master of all industry and commerce...when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate." James Abram Garfield
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Quote by Montagu Norman on capital protection, power, and control from 1924Copyright © yoice.net – Quote Artwork
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"Capital must protect itself in every possible way, both by combination and legislation. Debts must be collected, mortgages foreclosed as rapidly as possible. When, through the process of law, the common people lose their homes, they will become more docile and more easily governed through the strong arm of government applied by a central power of wealth under leading financiers. These truths are well known among our principal men who are now engaged in forming an imperialism to govern the world. By dividing the voter through the political party system, we can get them to expend their energies in fighting for questions of no importance. It is thus by discreet action we can secure for ourselves that which has been so well planned and so successfully accomplished." Montagu Norman
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Quote about global financial control by Carroll QuigleyCopyright © yoice.net – Quote Artwork
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"The powers of financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences." Carroll Quigley
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Quote by Reginald McKenna about banks creating and destroying money and their influence on government policyCopyright © yoice.net – Quote Artwork
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"I am afraid that the ordinary citizen will not like to be told that the banks can and do create and destroy money. And they who control the credit of a nation direct the policy of governments, and hold in the hollow of their hands the destiny of the people." Reginald McKenna
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