money quotes

Quotes

Paul Krugman, January 2010:

“This time we’re in trouble entirely thanks to the dysfunctional nature of our own financial system…Sooner or later, this runaway system was bound to crash. And if we don’t make fundamental changes, it will happen all over again…The important thing looking forward is to stop listening to financiars about financial reform”


“Let me issue and control a nations money and I care not who writes the laws.”
Amshall Rothschild

————————————————————–

“The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government’s greatest creative opportunity. By the adoption of these principles… the taxpayers will be saved immense sums of interest. Money will cease to be master and become the servant of humanity.”
Abraham Lincoln

“The hand that gives is above the hand that takes. Money has no motherland; financiers are without patriotism and without decency: their sole object is gain.”

Napoleon Bonaparte
—————————————————————

“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 Hemphill, former Federal Reserve Bank manager

———————————————-

“The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented. Banking was conceived in inequity and born in sin… But if you want to continue to be slaves of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit .”

Josiah Stamp, former Director, Bank of England

——————————————————–

“The issuing power should be taken from the banks and restored to the people to whom it properly belongs [otherwise]…the banks and corporations that will grow up around them will deprive the people of all property until their children will wake up homeless”

Thomas Jefferson

The Bank of England asked Benjamin Franklin how he would account for the new found prosperity in the colonies. Franklin replied:

“That is simple. In the colonies we issue our own money. It is called Colonial Script. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers.

In this manner, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay to no one.”
Benjamin Franklin

———————————————————-


“If this mischievous financial policy [the government issuing money], which has its origin in North America, shall become endurated down to a fixture, then that Government will furnish its own money without cost. It will pay off debts and be without debt. It will have all the money necessary to carry on its commerce. It will become prosperous without precedent in the history of the world. The brains, and wealth of all countries will go to North America. That country must be destroyed or it will destroy every monarchy on the globe.”
Times of London

————————————————————-

“Whosoever controls the volume of money in any country is absolute master of all industry and commerce… And when you realise 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 Garfield (U.S. President in 1881)

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: