"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 McKenna
"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
"Our power has been created through the manipulation of the national monetary system.. The Federal Reserve system fitted our plan nicely since it is owned by us, but the name implies that it is a government institution. From the very outset, our purpose was to confiscate all the gold and silver, replacing them with worthless non- redeemable papen notes...
We Jews have put issue upon issue to the American people. Then we promote both sides of the issue as confusion reigns. With their eyes fixed on the issues, they fail to see who is behind every scene. We Jews toy with the American public as a cat toys with a mouse..."
Harold Wallace Rosenthal
"There was this wonderful book called "The Hitchhiker's Guide to the Galaxy" and there's a chapter in it where there's a planet where another planet sends all of its lunatics to do no more damage at home. And on this lunatic planet, the Keynesian economists have come to power and decided that they can abolish the scarcity of goods by abolishing the scarcity of money. They then declared the leaves of trees to be money, which of course immediately led to hyperinflation. This was then countered with a forest defoliation program. And let me tell you, ladies and gentlemen, some of these "foliage faction" have made it here. They're sitting in the central banking worlds today, in the Governing Council of the ECB and at the Fed, and they're telling us with their Modern Monetary Theory that it's possible in all seriousness to overcome the scarcity of goods by abolishing the scarcity of money and being able to buy everything, anything, everything, if we just print enough money."
Markus Krall
"It has long been obvious in the Western tribal countries of democracy that the promises inherent in this concept will probably remain unfulfilled: Politics is losing ground dramatically to the power of the markets; supposedly democratic systems are firmly in the hands of powerfully organized interests and have less and less to do with popular sovereignty - if there ever was any. Social inequality and the disenfranchisement and reification of citizens as mere administrative objects or human resources are advancing inexorably - though every step of disenfranchisement is communicated as emancipatory gain."
Ingolfur Blühdorn
"It is ... a naivety that cannot be excused by anything to believe that a state can be total in the economic sphere without being so at the same time in the political and spiritual sphere ...." ... Democracy and socialism are not a tautology (à la Oskar),but radical, mutually exclusive opposites. Democracy is a method of limiting and controlling power. Socialism, on the other hand, always denies the individual freedom of choice of individuals over their economic preferences and life goals (supposedly in favor of the general public, the collective); thus socialism always assigns sovereignty over the decisive existential forces and life motivations to the state or a party or political cliques, and thus socialism is never a system or method for limiting power, but always and everywhere pseudo-moral justification for patronizing life, carte blanche for cynically moralizing unrestrained power."
Roland Baader
"All the Perplexities, Confusions and Distresses in America arise not from defects in their Constitutions or Confederation, not from a want of Honour or Virtue, So much as from downright Ignorance of the Nature of Coin, Credit and Circulation."
John Adams
"The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation."
Vladimir Lenin
"Nothing can make a demagogue more popular today than when he repeatedly calls for sharp taxes against the rich [...] Wealth levies and high income taxes on the larger incomes are quite extraordinarily popular with the masses who do not have to pay them."
Ludwig von Mises
"Ecologism is (among quite a few other ism) a decay product of Marxism. The failed "impoverishment thesis" is replaced by the eco- and climate catastrophe. The goal is the extinction of capitalism - and thus of Western freedom."
Roland Baader
"Capital must protect itself in every possible way, both by combination and legislation. Debts must be collected, mortgages foreclosed as rapidly as possible. When, through the process of law, the common people lose their homes, they will become more docile and more easily governed through the strong arm of government applied by a central power of wealth under leading financiers. These truths are well known among our principal men who are now engaged in forming an imperialism to govern the world. By dividing the voter through the political party system, we can get them to expend their energies in fighting for questions of no importance. It is thus by discreet action we can secure for ourselves that which has been so well planned and so successfully accomplished."
Montagu Norman
"Through the inevitable mismanagement of resources and goods at the disposal of the state, all forms of collectivism lead eventually to tyranny."
Friedrich August von Hayek
"It may be too late to avert the financial disaster that lies ahead of us, but we must at least prevent the road to financial ruin from also becoming a road to servitude. Let's talk our heads off and write our fingers to the bone, let's make ourselves outsiders and ridiculed figures if necessary, but let's fight to ensure that the basis of people's freedom, the market economy, is not presented to them as the alleged culprit and executed by the henchmen of power under the false pretext. Otherwise, it is we ourselves, our happiness and prosperity and freedom, who die with the market. Let us free ourselves from the true evil, from the fuel of presumptuous domination and destructive lies: from state counterfeit money."
Roland Baader
"Of course, we live in a completely corrupted world where every government is just a bunch of businessmen working for a bunch of bigger businessmen and none of them give a shit about the people. The sad fact is no one knows how to change it, because no one knows how to take on the corporations. So I guess we’re stuck with this system until the oil runs out."
Woody Harrelson
"If you put the federal government in charge of the Sahara Desert, in five years there'd be a shortage of sand."
Milton Friedman
"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
"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
"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
"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
"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
"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
"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
"Socialism in general has a record of failure so blatant that only an intellectual could ignore or evade it. Even countries that were once more prosperous than their neighbors have found themselves much poorer than their neighbors after just one generation of socialistic policies."
Thomas Sowell
"Drug dealers know more about running a business than 95% of college professors."
Elon Musk
"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
"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
"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
"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
"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
"Do you wish to know whether that day is coming? Watch money. Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion—when you see that in order to produce, you need to obtain permission from men who produce nothing—when you see that money is flowing to those who deal, not in goods, but in favors—when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you—when you see corruption being rewarded and honesty becoming a self-sacrifice—you may know that your society is doomed. Money is so noble a medium that it does not compete with guns and it does not make terms with brutality. It will not permit a country to survive as half-property, half-loot. “Whenever destroyers appear among men, they start by destroying money, for money is men’s protection and the base of a moral existence. Destroyers seize gold and leave to its owners a counterfeit pile of paper. This kills all objective standards and delivers men into the arbitrary power of an arbitrary setter of values. Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. Paper is a check drawn by legal looters upon an account which is not theirs: upon the virtue of the victims. Watch for the day when it bounces, marked: ‘Account overdrawn.’ “When you have made evil the means of survival, do not expect men to remain good. Do not expect them to stay moral and lose their lives for the purpose of becoming the fodder of the immoral. Do not expect them to produce, when production is punished and looting rewarded. Do not ask, ‘Who is destroying the world?’ You are."
Ayn Rand | Atlas Shrugged
