As criticism of the Federal Reserve - our nation's central bank - increases daily, we have only to look into our own past to discover all sorts of American leaders who knew this was a bad idea.
Here's one: "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 currency, first by inflation, then by deflation, the banks and corporations that will grow up around the banks will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered." Thomas Jefferson
And another: "Whoever controls the volume of money in any country is absolute master of all industry and commerce."
-- James A. Garfield"
See? We really did have honest Presidents, once upon a time!