“No one has a natural right to the trade of a money lender, but he who has the money to lend. Let those then among us who have a moneyed capital and who prefer employing it in loans rather than otherwise, set up banks and give cash or national bills for the notes they discount. Perhaps, to encourage them, a larger interest than is legal in the other cases might be allowed them, on the condition of their lending for short periods only.”

ME 13:277
1810s, Letters to John Wayles Eppes (1813)

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Thomas Jefferson456

3rd President of the United States of America 1743–1826

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“To the existence of banks of discount for cash… there can be no objection, because there can be no danger of abuse, and they are a convenience both to merchants and individuals. I think they should even be encouraged, by allowing them a larger than legal interest on short discounts, and tapering thence, in proportion as the term of discount is lengthened, down to legal interest on those of a year or more. Even banks of deposit, where cash should be lodged, and a paper acknowledgment taken out as its representative, entitled to a return of the cash on demand, would be convenient for remittances, travelling persons, etc. But, liable as its cash would be to be pilfered and robbed, and its paper to be fraudulently re-issued, or issued without deposit, it would require skilful and strict regulation.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

ME 13:431
1810s, Letters to John Wayles Eppes (1813)

“If you have money, don't lend it at interest. Rather, give [it] to someone from whom you won't get it back."”

Jesus (-7–30 BC) Jewish preacher and religious leader, central figure of Christianity

95
Gnostic Gospels, Gospel of Thomas (c. 2nd century AD manuscript)

“But it will be asked, are we to have no banks? Are merchants and others to be deprived of the resource of short accommodations, found so convenient? I answer, let us have banks; but let them be such as are alone to be found in any country on earth, except Great Britain. There is not a bank of discount on the continent of Europe (at least there was not one when I was there) which offers anything but cash in exchange for discounted bills.”

Thomas Jefferson (1743–1826) 3rd President of the United States of America

ME 13:277
1810s, Letters to John Wayles Eppes (1813)

“You haven't any right to expect your friends to be larger than yourself, larger than life. Just take them as they are, cut down to average size, and be glad you have them. To drink with, laugh with, borrow money from, lend money to, stay away from their special girls as you want them to stay away from yours, and above all, never break your word to, once it's been given. And that is all the obligation you have, all you have the right to expect.”

Cornell Woolrich (1903–1968) American author and screenwriter

“Money lending is a horrible profession. If we are to call it otherwise it is lawful plundering.”

Periyar E. V. Ramasamy (1879–1973) Tamil politician and social reformer

Veeramani, Collected Works of Periyar, p. 514.
Reform

“A bank is a place that will lend you money if you can prove that you don't need it.”

Bob Hope (1903–2003) American comedian, actor, singer and dancer

“God does not give us ready money. He issues promissory notes, and then pays them when faith presents them at the throne. Each one of us has a check-book.”

Theodore L. Cuyler (1822–1909) American minister

Source: Dictionary of Burning Words of Brilliant Writers (1895), P. 239.

“Mr Raghuram Rajan is an outstanding man who understands central banking. He is probably only one in the world among the crowds of professors at central banks that actually has a good grip on monetary policies and what you can or cannot achieve with them. He should get the Noble Prize in economics but the others are all money printers at heart, all of them.”

Raghuram G. Rajan (1963) Indian economist

Marc Faber, economist, as quoted in " Raghuram Rajan only central banker I trust, he should get Nobel in Economics: Marc Faber http://articles.economictimes.indiatimes.com/2015-08-12/news/65490521_1_marc-faber-rbi-governor-boom-doom-report", The Economic Times (12 August 2015)

“Security can be found in renunciation of ownership over people, money, and real assets; to gain, keep or protect that which others need for periods of legitimate access. A lending library enables people to help themselves to information; a locked-up book collection is useful only to the person who owns it.”

Bill Mollison (1928–2016) Australian permaculturist

Source: Permaculture: A Designers' Manual (1988), chapter 14.2

“[A banker is] a man who will lend you money if you can prove to him that you don't need it.”

Joe E. Lewis (1902–1971) American singer and comedian

Quoted by Leonard Lyons in his column https://secure.pqarchiver.com/washingtonpost_historical/doc/151726578.html, 15 October 1944

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