Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Daily Quotes Archives2023-04-09 Apr 7, 2023Give a small boy a hammer and he will find that everything he encounters needs pounding.~ Abraham KaplanFantasy, abandoned by reason, produces impossible monsters; united with it, she is the mother of the arts and the origin of marvels.~ GoyaOne death is a tragedy, but a million deaths are a statistic.~ Josef Stalin Apr 6, 2023The cardinal maxim is, that any aid to a present bad Bank is the surest mode of preventing the establishment of a future good Bank.~ Walter BagehotBankers have no right to establish a customary law among themselves, at the expence of other men.~ Sir Michael FosterThe dollar represents a one dollar debt to the Federal Reserve System. The Federal Reserve Banks create money out of thin air to buy Government Bonds from the U.S. Treasury...and has created out of nothing a ... debt which the American people are obliged to pay with interest.~ Wright Patman Apr 5, 2023Those who are convinced they have a monopoly on The Truth always feel that they are only saving the world when they slaughter the heretics.~ Arthur M. Schlesinger, Jr.Those who take the most from the table, teach contentment. Those for whom the taxes are destined, demand sacrifice. Those who eat their fill, speak to the hungry, of wonderful times to come. Those who lead the country into the abyss, call ruling difficult, for ordinary folk.~ Bertolt BrechtHappiness is more effectually dispensed to mankind under a republican form of government than any other.~ George Washington Apr 4, 2023Because of 'fractional' reserve system, banks, as a whole, can expand our money supply several times, by making loans and investments.~ Federal Reserve Bank of New YorkThus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess.~ Irving FisherThe Fed was largely responsible for converting what might have been a garden-variety recession, although perhaps a fairly severe one, into a major catastrophe. Instead of using its powers to offset the depression, it presided over a decline in the quantity of money by one-third from 1929 to 1933 ... Far from the depression being a failure of the free-enterprise system, it was a tragic failure of government.~ Milton Friedman Apr 3, 2023Gold still represents the ultimate form of payment in the world.~ Alan GreenspanWe make money the old fashioned way. We print it.~ Art RolnickPaper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice.~ George Washington Previous week's quotes Next week's quotes Share on Facebook Tweet Email Print