Tag Archive for: Economics

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H. P. Lovecraft | It is not a true civilization

in H. P. Lovecraft

"It is not a true civilization, and has nothing in it to satisfy a mature and fully developed human mind. It is attuned to the mentality of the galley-slave and the moron, and crushes relentlessly with disapproval, ridicule, and economic annihilation any sign of actually independent thought and civilised feeling whith chances to rise above its sodden level. It is a treadmill, squirrel-trap culture – drugged and frenzied with the hashish of industrial servitude and material luxury. It is wholly a material body-culture, and its symbol is the tiled bathroom and steam radiator rather than the Doric portico and the temple of philosophy. Its denizens do not live or know how to live."

H. P. Lovecraft

W.L. Mackenzie King | Once a nation parts with the control of its currency and credit, it matters not who makes the nations laws.

in William Lyon Mackenzie King

"Once a nation parts with the control of its currency and credit, it matters not who makes the nations laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of the sovereignty of parliament and of democracy is idle and futile."

William Lyon Mackenzie King

George Bernhard Shaw | You have to choose between trusting

in George Bernard Shaw

"You have to choose between trusting to the natural stability of gold and the natural stability of the honesty and intelligence of the members of the government. And, with due respect to these gentlemen, I advise you, as long as the capitalist system lasts, to vote for gold."

George Bernhard Shaw

Ronald Reagan | inflation is a tax and not by accident

in Ronald Reagan

"When a business or an individual spends more than it makes, it goes bankrupt. When government does it, it sends you the bill. And when government does it for 40 years, the bill comes in two ways: higher taxes and inflation. Make no mistake about it, inflation is a tax and not by accident."

Ronald Reagan

James Abram Garfield | Whoever controls the volume of money in our country

in James Abram Garfield

"Whoever controls the volume of money in our country is absolute master of all industry and commerce...when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate."

James Abram Garfield

Henry Hazlitt | creates money in order to cover its budget deficits

in Henry Hazlitt

"If a government resorts to inflation, that is, creates money in order to cover its budget deficits or expands credit in order to stimulate business, then no power on earth, no gimmick, device, trick or even indexation can prevent its economic consequences."

Henry Hazlitt

Larry P. McDonald | böser Plan für eine Weltregierung

in Larry P. McDonald

"Der Antrieb der Rockefellers und ihrer Verbündeten besteht darin, eine Ein-Welt-Regierung zu schaffen, die Superkapitalismus und Kommunismus unter einem Zelt vereint, alle unter ihrer Kontrolle... meine ich Verschwörung?Ja, ich will.Ich bin überzeugt, dass es eine solche Verschwörung gibt, die international ist, Generationen alt in der Planung und unglaublich böse in der Absicht."

Larry P. McDonald

Elon Musk | Drug dealers know more about running a business

"Drug dealers know more about running a business than 95% of college professors."

Elon Musk

Ludwig Erhard | Inflation does not come upon us as a curse or as a tragic fate

in Ludwig Erhard

"Inflation does not come upon us as a curse or as a tragic fate; it is always caused by reckless or even criminal policies."

Ludwig Erhard

Thomas Sowell | More whites were brought as slaves to North Africa

in Thomas Sowell

"More whites were brought as slaves to North Africa than blacks brought as slaves to the United States or to the 13 colonies from which it was formed. White slaves were still being bought and sold in the Ottoman Empire, decades after blacks were freed in the United States."

Thomas Sowell

Milton Friedman | Every friend of freedom

in Milton Friedmann

"Every friend of freedom must be as revolted as I am by the prospect of turning the United States into an armed camp, by the vision of jails filled with casual drug users and of an army of enforcers empowered to invade the liberty of citizens on slight evidence."

Milton Friedman

Steve Jacobson | Political and economic power

in Steve Jacobson

"Political and economic power in the United States is concentrated in the hands of a “ruling elite” that controls most of U.S.-based multinational corporations, major communication media, the most influential foundations, major private universities and most public utilities. Founded in 1921, the Council of Foreign Relations is the key link between the large corporations and the federal government. It has been called a “school for statesmen” and “comes close to being an organ of what C. Wright Mills has called the Power Elite – a group of men, similar in interest and outlook shaping events from invulnerable positions behind the scenes. The creation of the United Nations was a Council project, as well as the International Monetary Fund and the World Bank."

Steve Jacobson

Peter Schiff | the most incompetent economists

in Peter Schiff

"Soon investors will realize that the most incompetent economists in the world work for central banks. The second most incompetent economists work for government. The third most incompetent work for major universities and the forth most incompetent work for large investment banks."

Peter Schiff

Roland Baader | The word ‘democracy’ is a heavy intoxicant

in Roland Baader

"The word 'democracy' is a heavy intoxicant. It prevents learning, clouds the mind, confuses thinking, creates delusions - and eventually makes you sleepy and apathetic. Today's democracy junkies would murder Socrates again."

Roland Baader

Monika Hausammann | Inflationary policy is thus robbery policy in a double sense

in Monika Hausammann

"Inflationary policy is thus robbery policy in a double sense: it robs people not only of their ownership of legitimately acquired goods and thus of the core and principle of freedom, but also of their drive to honest, sincere, responsible and sustainable dealings with fellow human beings and resources. Where such is not only not a taboo, but the order of the day, sooner or later ownership of one's own person and body will again be up for debate."

Monika Hausammann

Henry Ford | a revolution before tomorrow morning

"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."

Henry Ford

Thomas Sowell | The welfare state is the oldest con game in the world

in Thomas Sowell

"The welfare state is the oldest con game in the world. First you take people's money away quietly and then you give some of it back to them flamboyantly."

Thomas Sowell

John Maynard Keynes | governments can confiscate, secretly and unobserved, an important part of the wealth

in John Maynard Keynes

"By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens."

John Maynard Keynes