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Money Quotes

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Money Quotes

“Deficit spending is simply a scheme for the confiscation of wealth.”

Wealth Money Gold Spending Schemes Inflation Deficit Property Rights Banking System Money And Power Monetary System Gold Standard Deficit Spending Buying Gold

Author:Alan Greenspan

“Inflation is taxation without legislation.”

Money Economics Conservative Finance Legislation Taxation Inflation

Author:Milton Friedman

“Only one fellow in ten thousand understands the currency question, and we meet him every day.”

Money Business Thousand Ten Fellows Currency Inflation

Author:Kin Hubbard

“Whoever controls the volume of money in any country is absolute master of all industry and commerce.”

“Repeal the entire Banking Act of 1933, and Austrian School economists will cheer, especially if the current system were replaced by a 100%-reserve competitive banking with no central bank. That banking reform would give us a sound money system, meaning no more business cycle, bailouts, or inflation.”

Ifs Giving School Sound Money Economics Currents Reform Cycles Cheer Reserves Replaced Economist Banking Inflation Central Banks Bailouts

Author:Llewellyn Rockwell

“I believe that banking institutions are more dangerous to our liberties than standing armies.”

“By a continuing process of inflation, government can confiscate, secretly and unobserved, an important part of the wealth of their citizens.”

Source: The Economic Consequences of the Peace

“I don't mind going back to daylight saving time. With inflation, the hour will be the only thing I've saved all year.”

Years Mind Funny Hours Money Saved Silly Saving Sarcastic Inflation Daylight Saving Time Daylight Savings

Author:Victor Borge

“In spite of the cost of living, it's still popular.”

Life Stills Funny Money Cost Witty Spite Inflation Funny Life Short Life Funny Money Cost Of Living How Short Life Is

Author:Kathleen Norris

“Whoever controls the volume of money in our country is absolute master of all industry and commerce...when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.”

“If inflation continues to soar, you're going to have to work like a dog just to live like one”

Ifs Funny Money Dog Investment Financial Saving Soar Inflation Savings Funny Money

Author:George Gobel

“What we also have to recognize is that the deficit levels that I'm inheriting, over a trillion dollars, coming out of last year, that that is unsustainable. At a certain point, other countries stop buying our debt, at a certain point, we'd end up having to raise interest rates, and it would end up creating more economic chaos and potentially inflation.”

Years Ends Country Lasts Certain Interest Levels Money Economic Creating Raises Dollars Chaos Rate Debt Buying Coming Out Last Year Other Countries Inflation Deficit Interest Rate

Author:Barack Obama

“Having examined the nature of fractional reserve and of central banking, and having seen how the questionable blessings of Central Banking were fastened upon America, it is time to see precisely how the Fed, as presently constituted, carries out its systemic inflation and its control of the American monetary system.”

America Money Blessing Carrie Feds Reserves Banking Inflation Monetary Questionable Monetary System Central Banking

Author:Murray Rothbard

“Deficit spending is simply a scheme for the 'hidden' confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights.”

Source: Capitalism: The Unknown Ideal