Posts

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

"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

"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

"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

"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

"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

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

"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

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

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

John Maynard Keynes

Roland Baader | The state is an insatiable money-eating monster

"The state is an insatiable money-eating monster, and the central banks are its tireless inflationary machines. Together they are cronies of the impoverishment of peoples and an ideal pair for the dance of death of civilization"

Roland Baader