Quotessence
Home / Quotes / Quote by David Rockefeller

Quote by David Rockefeller

“Some even believe we (the Rockefeller family) are part of a secret cabal working against the best interests of the United States, characterizing my family and me as 'internationalists' and of conspiring with others around the world to build a more integrated global political and economic structure - one world, if you will. If that's the charge, I stand guilty, and I am proud of it.”

Quote by David Rockefeller

Book:Memoirs

Work

Memoirs

Memoirs typically offer a candid look into the author's personal journey, covering significant events, emotions, and insights gained throughout their life. more

Author

David Rockefeller
David Rockefeller

David Rockefeller was an American banker and philanthropist. He served as the chairman and chief executive officer of Chase Manhattan Bank and as the U.S. ambassador to the United Nations. As a member of the influential Rockefeller family, he played a significant role in American business and politics during the 20th century. more

You May Also Like

“It is the system of nationalist individualism that has to go....We are living in the end of the sovereign states....In the great struggle to evoke a Westernized World Socialism, contemporary governments may vanish....Countless people...will hate the new world order....and will die protesting against it.”

“Within the next hundred years...nationhood as we know it will be obsolete; all states will recognize a single, global authority... National sovereignty wasn't such a great idea after all.”

“The money power preys on the nation in times of peace, and conspires against it in times of adversity. It is more despotic than monarchy, more insolent than autocracy, more selfish than bureaucracy. It denounces, as public enemies, all who question its methods or throw light upon its crimes.”

“The Federal Reserve Bank of New York is eager to enter into close relationship with the Bank for International Settlements....The conclusion is impossible to escape that the State and Treasury Departments are willing to pool the banking system of Europe and America, setting up a world financial power independent of and above the Government of the United States....The United States under present conditions will be transformed from the most active of manufacturing nations into a consuming and importing nation with a balance of trade against it.”

“Nothing did more to spur the boom in stocks than the decision made by the New York Federal Reserve bank, in the spring of 1927, to cut the rediscount rate. Benjamin Strong, Governor of the bank, was chief advocate of this unwise measure, which was taken largely at the behest of Montagu Norman of the Bank of England....At the time of the Banks action I warned of its consequences....I felt that sooner or later the market had to break.”