What a chilling indictment of the banking system! Quite harsh, don’t you think? Surely this kind of scurrilous accusation had to be uttered by some disgruntled socialist, or by a diehard Marxist anti-capitalist, or by an Occupy Wall Street anarchist protester. However, if you thought it was any one of these, you would be 100% dead wrong.
This little pearl of wisdom was expressed in the 1920s by none other than Sir Joseph Stamp, the second richest man in Britain and, as President of The Bank of England, the most powerful and influential banker in the world at that time.