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banking

Thomas Jefferson in his letter to John Taylor, May 28, 1816

07/07/2010 by Merlin Industrial Products
And I sincerely believe, with you, that banking establishments are more dangerous than standing armies; and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.
–Thomas Jefferson in his letter to John Taylor, May 28, 1816
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