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Quotes - Sir Josiah Stamp thinks banking is slavery
This page contains a quote used by conspiracy theorists that has been further researched. For more information about our quotes database, please see the introduction.
Quote
"If you want to remain the slaves of the bankers and pay for the costs of your own slavery, let them continue to create money and control the nation's credit."
- Sir Josiah Stamp (1880-1941)
| Quote Status: | Out of Context |
| Attributed to: | Sir Josiah Stamp |
| Category: | Central Banking; Banking |
| Submitted By: | Edward L Winston |
Actual Details
"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."[ Source: http://butr.me/1q ]
The quote is worded to make it appear as though Stamp was talking about credit and Central Banking, rather he was talking about people putting their money in banks at all, centralized or not.