“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
Woodrow Wilson was the 28th President of the United States and significantly influenced American domestic and foreign policy in the early 20th century.
This quote reveals Woodrow Wilson’s profound realization about the concentration of power in the financial system and its impact on democracy and freedom.
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Woodrow Wilson Quote: The Dark Truth Behind the Federal Reserve Act
Woodrow Wilson’s candid words about power concentration through the Federal Reserve System and its impact on democracy and freedom.
Thomas Woodrow Wilson (1856–1924) was an American politician and academic who served as the 28th President of the United States from 1913 to 1921. He was instrumental in the establishment of the Federal Reserve System and advocated for progressive reforms and America’s involvement in World War I. His presidency left a lasting impact on American politics, although he later regretted some of his decisions.
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