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Quotation by Lord Acton:
The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks".
Lord Acton
(more by this author)
1834-1902 (Age at death: 68 approx.)
John Emerich Edward Dalberg-Acton, 1st Baron Acton, KCVO, DL (10 January 1834 – 19 June 1902), known as Sir John Dalberg-Acton, 8th Bt from 1837 to 1869 and usually referred to simply as Lord Acton, was an English Catholic historian, politician, and writer. He was the only son of Sir Ferdinand Dalberg-Acton, 7th Baronet[1] and a grandson of the Neapolitan admiral Sir John Acton, 6th Baronet.[2][3] He is famous for his remark, often misquoted: "Power tends to corrupt, and absolute power corrupts absolutely"..read more
http://en.wikipedia.org/wiki/John_Dalberg-Acton,_1st_Baron_Acton
Country: Italy
Type: Prose
Context: Unknown
Context Details: "The Mechanics of Fractional Reserve Banking (1/6)" link
http://www.activistpost.com/2012/05/mechanics-of-fractional-reserve-banking.html
Source: Activist Post
Uttered: 5
Cited By: Ryan Smyth
