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Reply #13: "Banking was conceived in iniquity, and was born in sin" [View All]

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rman Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jul-21-05 08:24 AM
Response to Reply #7
13. "Banking was conceived in iniquity, and was born in sin"
"The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented. Banking was conceived in iniquity, and was born in sin. The Bankers own the Earth. Take it away from them, but leave them the power to create deposits and with the flick of the pen, they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear, and they ought to disappear, for this would be a happier and better world to live in. But if you wish to remain the slaves of Bankers, and pay the cost of your own slavery, let them continue to create deposits."
- President of The Bank of England Sir Josiah Stamp, University of Texas, 1920
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