Friedrich August von Hayek on Money Monopoly and Abuse of Power – The Shocking Truth

„With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.“

Friedrich August von HayekDiscover Friedrich August von Hayek's critical view on money monopoly and abuse of power throughout history – a wake-up call for vigilance.
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Friedrich August von Hayek was a prominent Austrian-British economist and social philosopher, known for his work on free-market economics and political philosophy.

This quote reminds us of the importance of transparency and control in monetary policy to prevent abuse of power and serve the people justly.


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Quote by Friedrich August von Hayek about governments using their power to issue money to defraud people

Friedrich August von Hayek (1899–1992) was an Austrian-British economist and political philosopher. He is best known for his theories on market economics, the role of knowledge in society, and his critique of planned economies. Hayek was a leading figure of neoliberalism and advocated for individual liberty and limited government power.

Quote by Roland Baader about how every decline in the value of money is caused by the state.Copyright © yoice.net – Quote Artwork
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""...Every decline in the value of money is caused and organized by the state. Paper money and the central bank monopoly are the great super-tricks used to camouflage the violent nature of the state and the predatory basic pattern of ALL politics. Very few citizens are truly aware of the unimaginable extent to which they have been exploited for generations by the combination of progressive income tax and inflation, robbing them of the fruits of their labor."" Roland Baader
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Quote about national currency control and sovereignty by William Lyon Mackenzie KingCopyright © yoice.net – Quote Artwork
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"Once a nation parts with the control of its currency and credit, it matters not who makes the nations laws. Usury, once in control, will wreck any nation. Until the control of the issue of currency and credit is restored to government and recognized as its most sacred responsibility, all talk of the sovereignty of parliament and of democracy is idle and futile." William Lyon Mackenzie King
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Quote by Sir Josiah Stamp about the power and control of bankers over money and societyCopyright © yoice.net – Quote Artwork
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"Banking was conceived in iniquity and born in sin... Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen, they will create enough money to buy it back again... Take this great power away from them and all the great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in... But, if you want to continue to be a slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit." Sir Josiah Stamp
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Quote by Reginald McKenna about banks creating and destroying money and their influence on government policyCopyright © yoice.net – Quote Artwork
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"I am afraid that the ordinary citizen will not like to be told that the banks can and do create and destroy money. And they who control the credit of a nation direct the policy of governments, and hold in the hollow of their hands the destiny of the people." Reginald McKenna
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Quote by Louis Thomas McFadden exposing the Federal Reserve Banks as private credit monopoliesCopyright © yoice.net – Quote Artwork
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"Some people think the Federal Reserve Banks are US government institutions. They are not... they are private credit monopolies which prey upon the people of the US for the benefit of themselves and their foreign and domestic swindlers, and rich and predatory money lenders. The sack of the United States by the Fed is the greatest crime in history. Every effort has been made by the Fed to conceal its powers, but the truth is the Fed has usurped the government. It controls everything here and it controls all our foreign relations. It makes and breaks governments at will." Louis Thomas McFadden
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