Leland Stanford Quote

“When money is controlled by a few it gives that few an undue power and control over labor and the resources of the country. Labor will have its best return when the laborer can control its disposal.”

~ Leland Stanford

Ratings and Comments

Mike, Norwalk

Under any form of collectivism or socialism (communist to fascist, etc.) or other system where the primary or permitted medium of exchange is controlled (defined, created, etc.) by a few, the laborer is not free. Where money is considered by a weights and measures, having intrinsic value (gold and silver coin for example), the laborer begins to abide a fiscal law of freedom and liberty.

John C. Davidson, Mount Vernon, OhIt see

It seems the opinions of others no loners matters.

Bobble, No. Ferrisburgh, VT

The laborer CAN control its disposal. MANY of the monied weren't born that way, not ALL the monied have acquired it illegally. The opportunities are there for those who recognize that the freedom is not simply to spend, but spend wisely - and to SAVE.

Ronw13, Yachats Or

It is the continual exaction for home and hearth that destroys the sovereignty of the consumer. Pushing the rock up the hill. Consider the least to gov the most. Under liberty one need not live in a perpetual state of spending, to enjoy their Freedom. and I might add their inheritance. Stanford was long winded.

E Archer, NYC

Absolutely! The central banks of the world are the true causes of booms and busts -- all designed to steal the wealth and indenture every nation to 'unkeepable' promises.


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