Thomas Jefferson

"I believe that banking institutions are more dangerous to our liberities than standing armies. If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around (the banks) will deprive the people of all property until their children wake up homeless on the continent their fathers conquered. The issuing power should be taken from the banks and restored to the people, to whom it properly belongs."

Thomas Jefferson
[Attributed]
3rd president of US
1743 - 1826

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Seth Klarman - Legendary Investor

"The government is now in the business of giving bad advice". "by holding interest rates art zero, the government is basically tricking the population into going long on just about every kind of security except cash, at the price of almost certainly not getting an adquate return for the risks they are running. People can't stand earning 0% on their money, so the government is forcing everyone in the investing public to speculate."

Taken from the Wall Street Journal, May 22, 2010