Reginald McKenna Quote on the Power of Banks – The Truth Nobody Wants to Hear!

„I am afraid that the ordinary citizen will not like to be told that the banks can and do create and destroy money. And they who control the credit of a nation direct the policy of governments, and hold in the hollow of their hands the destiny of the people.“

Reginald McKennaReginald McKenna reveals the hidden power of banks that create money and control politics – an uncomfortable truth for every citizen.
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Reginald McKenna was a British politician and Chancellor of the Exchequer who lived from 1863 to 1943. He played a significant role in the financial policy of the United Kingdom.

This quote reveals the hidden power of banks and shows how they significantly influence not only the economy but also the political landscape.


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Quote by Reginald McKenna about banks creating and destroying money and their influence on government policy

Reginald McKenna (1863–1943) was a British politician who served as Chancellor of the Exchequer and Home Secretary. He was known for his conservative views and his influence on the UK's financial and economic policies in the early 20th century.

Quote by Sir Josiah Stamp about the power and control of bankers over money and societyCopyright © yoice.net – Quote Artwork
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"Banking was conceived in iniquity and born in sin... Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen, they will create enough money to buy it back again... Take this great power away from them and all the great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in... But, if you want to continue to be a slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit." Sir Josiah Stamp
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Quote by Robert H. Hemphill about the bank money system and its economic impactCopyright © yoice.net – Quote Artwork
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"If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent, on the Commercial Banks. Someone has to borrow every dollar, we have in circulation, cash or credit. If the Banks create ample synthetic money, we are prosperous; if not, we starve. We are, absolutely, without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity, of our hopeless position, is almost incredible, but there it is. It is the most, important subject, intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse, unless it becomes widely understood, and the defects remedied very soon." Robert H. Hemphill
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Quote by Woodrow Wilson about private credit controlling economic freedomCopyright © yoice.net – Quote Artwork
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"A great industrial nation is controlled by its system of credit. Our system of credit is privately concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men who, even if their action be honest and intended for the public interest, are necessarily concentrated upon the great undertakings in which their own money is involved and who necessarily, by very reason of their own limitations, chill and check and destroy genuine economic freedom." Woodrow Wilson
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