Thomas Jefferson had this to say about that
All the information below is from Thomas Jefferson and I wondered why people would want to update our constitution because this is modern wisdom so much greater than anyone in our political or business centers today. In light of the present financial crisis, it's interesting to read what Thomas Jefferson said in 1802: 'I believe that banking institutions are more dangerous to our liberties than standing armies. If the American people ever allow private banks to control the issue of their... Sign in to see full entry.