Your money’s value is determined by a global casino of…

Your money’s value is determined by a global casino of unprecedented proportions: $2 trillion are traded per day in foreign exchange markets, 100 times more than the trading volume of all the stockmarkets of the world combined. Only 2% of these foreign exchange transactions relate to the “real” economy reflecting movements of real goods and services in the world, and 98% are purely speculative. This global casino is triggering the foreign exchange crises which shook Mexico in 1994-5, Asia in 1997 and Russia in 1998. These emergencies are the dislocation symptoms of the old Industrial Age money system.

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Future of Money by Bernard Lietaer

Other Money Quotes

I wish it were possible to obtain a single amendment to our constitution ~ taking from the federal government their power of borrowing. - View Quote Details on I wish it were possible to obtain a single amendment…
Endless money forms the sinews of war - View Quote Details on Endless money forms the sinews of war
Here we are sitting in a shower of gold, with nothing to hold up but a pitchfork. - View Quote Details on Here we are sitting in a shower of gold, with…
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 people, mentally incapable of comprehending the tremendous advantages…will bear its burden without complaint, and perhaps without suspecting that the system is inimical to their best interests. - View Quote Details on The few who understand the system, will either be so…
“I would not steal a penny, for my income’s very fair— </br>I do not want a penny—I have pennies and to spare— </br>And if I stole a penny from a money-bag or till, </br>The sin would be enormous—the temptation being nil. - View Quote Details on “I would not steal a penny, for my income’s very…
But as they all say if we sell our home what will we have for it, money, and what is the use of that money, money goes and after it is gone then where are we, beside we have all we want, what can we do with money except lose it, money to spend is not very welcome, if you have it and you try to spend it, well spending money is an anxiety, saving money is a comfort and a pleasure, economy is not a duty it is a comfort, avarice is an excitement, but spending money is nothing, money spent is money non-existent, money saved is money realised… - View Quote Details on But as they all say if we sell our home…
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…
Money is how people set a number to value. - View Quote Details on Money is how people set a number to value.
Money doesn’t always bring happiness. people with ten million dollars are no happier than people with nine million dollars. - View Quote Details on Money doesn’t always bring happiness. people with ten million dollars…
I have two great enemies, the southern army in front of me and the financial institutions, in the rear. Of the two, the one in the rear is the greatest enemy….. I see in the future a crisis approaching that unnerves me and causes me to tremble for the safety of my country. As a result of the war, corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until wealth is aggregated in a few hands and the Republic is destroyed. I feel at this moment more anxiety for the safety of my country than ever before, even in the midst of the war. - View Quote Details on I have two great enemies, the southern army in front…