Nations are not ruined by one act of violence, but gradually and in an almost imperceptible manner by the depreciation of their circulating currency, through excessive quantity?
— Nicholas Copernicus – 1525
If you want to remain slaves of the bankers and pay for the costs of your own slavery, let them continue to create money and control the nation’s credit.
— Sir Josiah Stamp
Mischief springs from the power which the monied interest derives from a paper currency which they are able to control, and from the multitude of corporations with exclusive privileges…which are employed for their benefit.
— Andrew Jackson
The fanatics in the Washington establishment don’t get it that Keynesianism does not work. You cannot increase your debts to pay off your debts. You cannot print more money to cure all of the money you’ve printed, and all of this printed money is flooding out all over the world and wreaking havoc everywhere. They are all running the printing presses. Mark my words, if you don’t own gold you will rue the day you decided not to buy it.
— James Dines
The paper money disease has been a pleasant habit thus far and will not be dropped voluntarily any more than a dope user will without a struggle give up narcotics
— Congressman Howard Buffett
The annual operating shortfall is running between $4 and $5 trillion; not $500 billion as we saw before the crisis or the $1.4 trillion that they announced for fiscal 2009.Now to put that into perspective, if the government wanted to balance its deficit on a GAAP basis for a year, and it seized all personal income and corporate profits, taxing everything 100%, it would still be in deficit.
— John Williams
A prudent man foresees the difficulties ahead and prepares for them; the simpleton goes blindly on and suffers the consequences.
— Proverbs 22:3
Eddie says:
I’m more worried about the return of my money than the return on my money.
— Will Rogers
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4th February 2013 at 8:37 am
efarmer says:
“This time it’s different”. — Helicopter Ben
EF
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4th February 2013 at 11:40 am