Banks

Banks

See also

Other Money Quotes

  • LEAR. No, they cannot touch me for coining; I am the king himself. - View Quote Details on LEAR. No, they cannot touch me for coining; I am…
  • It is more easy to write on money than to obtain it; and those who gain it, jest much at those who only know how to write about it. - View Quote Details on It is more easy to write on money than to…
  • Money is evil… and the less we have the more evil it becomes. - View Quote Details on Money is evil… and the less we have the more…
  • But for money and the need of it, there would not be half the friendship in the world. It is powerful for good if divinely used. Give it plenty of air, and it is sweet as the hawthorn; shut it up, and it cankers and breeds worms. - View Quote Details on But for money and the need of it, there would…
  • While economic textbooks claim that people and corporations are competing for markets and resources, I claim that in reality they are competing for money ~ using markets and resources to do so. Greed and fear of scarcity are being continuously created and amplified as a direct result of the kind of money we are using. For example, we can produce more than enough food to feed everybody, and there is definitely enough work for everybody in the world, but there is clearly not enough money to pay for it all. In fact, the job of central banks is to create and maintain that currency scarcity. Money is created when banks lend it into existence When a bank provides you with a $100,000 mortgage, it creates only the principal, which you spend and which then circulates in the economy. The bank expects you to pay back $200,000 over the next 20 years, but it doesn’t create the second $100,000 ~ the interest. Instead, the bank sends you out into the tough world to battle against everybody else to bring back the second $100,000. - View Quote Details on While economic textbooks claim that people and corporations are competing…
  • The money power denounces, as public enemies, all who question its methods or throw light upon its crimes. - View Quote Details on The money power denounces, as public enemies, all who question…
  • Money isn’t everything but neither is it nothing. - View Quote Details on Money isn’t everything but neither is it nothing.
  • If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good, makes the bill good, also. The difference between the bond and the bill is the bond lets money brokers collect twice the amount of the bond and an additional 20%, whereas the currency pays nobody but those who contribute directly in some useful way. It is absurd to say that our country can issue $30 million in bonds and not $30 million in currency. Both are promises to pay, but one promise fattens the usurers and the other helps the people. - View Quote Details on If our nation can issue a dollar bond, it can…
  • No money is better spent than what is laid out for domestic satisfaction. - View Quote Details on No money is better spent than what is laid out…
  • Money won’t buy happiness, but it will pay the salaries of a large research staff to study the problem. - View Quote Details on Money won’t buy happiness, but it will pay the salaries…
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