“The country is headed toward a single and splendid government of an aristocracy founded on banking institutions and moneyed incorporations and if this tendency continues it will be the end of freedom and democracy, the few will be ruling...I hope we shall...crush in its birth the aristocracy of our moneyed corporations which dare already to challenge our government to trial and bid defiance to the laws of our country. I sincerely believe that banking establishments are more dangerous than standing armies.” IfsBelieveEndsCountryGovernmentLawChallengesDemocracyDangerousBirthStandingArmyInstitutionsDareTrialsTendenciesOur CountryCorporationsCrushEstablishmentBankingRulingSincerelySplendidDefianceAristocracyIncorporation Author:Thomas Jefferson
“To combat depression by a forced credit expansion is to attempt to cure the evil by the very means which brought it about; because we are suffering from a misdirection of production, we want to create further misdirection -- a procedure which can only lead to a much more severe crisis as soon as the credit expansion comes to an end.” WantMeanEndsSufferingEvilEconomicsCrisisProductionsCreditCuresDeceptionCombatExpansionSevereBankingProceduresVery MeanMisdirection Author:Friedrich August von Hayek