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Thomas Jefferson’s warning on America’s banking system still hits hard in 2026:
He fiercely opposed the National Bank as unconstitutional — a monopoly of power not delegated to the federal government. He feared it would favor speculators and the wealthy over farmers and citizens, concentrating economic control in too few hands.
In 1816, Jefferson wrote: “I sincerely believe 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.”
He saw banks as a “blot” on the Constitution that would corrupt morals, inflate and deflate fortunes at will, and erode liberty itself.
Here we are today— still debating the very financial power structures Jefferson tried to constrain.
Was he right? Or was Hamilton’s vision inevitable?
Share if you think we should revisit the Founders’ actual principles on money and power. 🇺🇸
What’s your take?

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