“The process by which banks create money is so simple that the mind is repelled.” - John Kenneth Galbraith
“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.'” - Ayn Rand
“In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries.” - Ezra Pound
"The few who understand the system, will either be so interested in its profits, or so dependent on its favors that there will be no opposition from that class, while on the other hand, the great body of the people mentally incapable of comprehending the tremendous advantage that capital derives from the system, will bear its burdens without complaint, and perhaps without even suspecting that the system is inimical to their interests." – John Sherman - Protégée of the Rothschild Family
“All the perplexities, confusion and distress in America arise not from defects in the constitution or confederation, nor from want of honor or virtue, as much from the downright ignorance of the nature of coin and circulation.” - John Adams in a letter to Thomas Jefferson.
"The study of money, above all other fields in economics, is one in which complexity is used to disguise or to evade truth, not to reveal it.” - John Kenneth Galbraith
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