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Quote by Thomas A. Edison

“People who will not turn a shovel full of dirt on the project nor contribute a pound of material, will collect more money from the United States than will the People who supply all the material and do all the work. This is the terrible thing about interest ...But here is the point: If the 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 that the bond lets the money broker collect twice the amount of the bond and an additional 20%. Whereas the currency, the honest sort provided by the Constitution pays nobody but those who contribute in some useful way. It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the People. If the currency issued by the People were no good, then the bonds would be no good, either. It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges at the hands of men who control the fictitious value of gold.”

Author

Thomas A. Edison

Thomas Alva Edison was an American inventor and entrepreneur, known as the 'Wizard of Menlo Park' and the 'Inventor of the Age.' He held over 1,000 patents, including the light bulb, phonograph, motion picture camera, and electrical power system. Edison made significant contributions to the fields of electricity, chemistry, and mechanical engineering, profoundly impacting modern industrial and technological development. more

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Politics Wealth Freedom Democracy Media Capitalism Economics Labour United Kingdom Social Class Economic Inequality Banks 2011 Rupert Murdoch

Author:Charles Moore

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Wealth Money Baking Recessions Economic Depression

Book:Skinny Legs and All

Source: Skinny Legs and All

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Book:The Influencer: Speed Must Have a Limit

Source: The Influencer: Speed Must Have a Limit

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