The world revolves around money. Populism, nationalism, isolationism, corruption, trade wars, military wars, health crises, inequality, economic hardship, and market bubbles - all are connected to money. Money doesn't drive a wedge between classes, races, genders, and countries. It is the wedge.
Nomi Prins (2022)
Gold is money. Everything else is credit.
J.P. Morgan
It is no coincidence that the century of total war coincided with the century of central banking.
Ron Paul
At the outset, the masses misinterpreted it as nothing more than a scandalous rise in prices; only later, under the name of inflation, the process was correctly comprehended as the downfall of money.
Konrad Heiden, Der Führer: Hitler’s Rise to Power (1944)
There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.
Vladimir Ilyich Lenin (attr.)
How the Great Khan causes the bark of trees, made into something like paper, to pass for money all over his country. All these pieces of paper are issued with as much solemnity and authority as if they were of pure gold or silver.
Marco Polo, 1295
Well, first of all, the Federal Reserve is an independent agency, and that means, basically, that there is no other agency of government which can overrule actions that we take.
Alan Greenspan (2007)
By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.
Maynard Keynes (1919)
I believe that banking institutions are more dangerous to our liberties than standing armies.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs.
Thomas Jefferson (1933)
It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less.
Paul Volcker (1944)
The problem with fiat money is that it rewards the minority that can handle money but fools the generation that has worked and saved money.
Adam Smith
There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt.
BJohn Adams, (attr.)
The gold standard did not collapse. Governments abolished it in order to pave the way for inflation.
Ludwig Von Mises
Inflation is as violent as a mugger, as frightening as an armed robber and as deadly as a hit man.
Ronald Reagan
The beautiful thing about learning is that no one can take it away from you.
James Cook
quote Renato Moicano If you care about your country, read Ludwig von Mises and the Six Lessons of the Austrian Economic School.
Renato Moicano (2024)
We don’t have inflation because the people are living too well. We have inflation because the government is living too well.
Ronald Reagan