Quote by Hans-Hermann Hoppe on Central Banks and Monetary Experts

„Thanks to the central bank, most "monetary experts" and "leading macro-economists" can, by putting them on the payroll, be turned into government propagandists "explaining," like alchemists, how stones (paper) can be turned into bread (wealth).“

Prof. Hans-Hermann HoppeHans-Hermann Hoppe's critical quote on central banks and how they turn monetary experts into government propagandists.
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Prof. Hans Hermann Hoppe is a libertarian philosopher and economist known for his works on political philosophy and anarcho-capitalism.

Critical view on the role of central banks and economic experts regarding money creation and wealth.


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Literature on propaganda

Hans-Hermann Hoppe quote about central banks, monetary experts, and government propaganda

Hans Hermann Hoppe is a German-American philosopher and economist recognized for his libertarian and anarcho-capitalist theories. He has published numerous books and articles and is professor emeritus at the University of Nevada, Las Vegas. His works primarily focus on freedom, property, and the state.

Quote by Markus Krall explaining the dangers of Modern Monetary Theory and money creationCopyright © yoice.net – Quote Artwork
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"There was this wonderful book called "The Hitchhiker's Guide to the Galaxy" and there's a chapter in it where there's a planet where another planet sends all of its lunatics to do no more damage at home. And on this lunatic planet, the Keynesian economists have come to power and decided that they can abolish the scarcity of goods by abolishing the scarcity of money. They then declared the leaves of trees to be money, which of course immediately led to hyperinflation. This was then countered with a forest defoliation program. And let me tell you, ladies and gentlemen, some of these "foliage faction" have made it here. They're sitting in the central banking worlds today, in the Governing Council of the ECB and at the Fed, and they're telling us with their Modern Monetary Theory that it's possible in all seriousness to overcome the scarcity of goods by abolishing the scarcity of money and being able to buy everything, anything, everything, if we just print enough money." Markus Krall
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Quote by G. Edward Griffin about central banks being cartels with a government facadeCopyright © yoice.net – Quote Artwork
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"To cover the fact that a central bank is merely a cartel which has been legalized, its proponents had to lay down a thick smoke screen of technical jargon focusing always on how it would supposedly benefit commerce, the public, and the nation... there was not the slightest glimmer that underneath it all, was a master plan which was designed from top to bottom to serve private interests at the expense of the public... the system is merely a cartel with a government facade." G. Edward Griffin
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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 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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Hans-Hermann Hoppe quote about why more paper money does not make society richerCopyright © yoice.net – Quote Artwork
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"More paper money cannot make a society richer, of course, – it is just more printed-paper. Otherwise, why is it that there are still poor countries and poor people around? But more money makes its monopolistic producer (the central bank) and its earliest recipients (the government and big, government-connected banks and their major clients) richer at the expense of making the money's late and latest receivers poorer." Hans-Hermann Hoppe
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Murray Rothbard quote about government money creation and inflationCopyright © yoice.net – Quote Artwork
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"If government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government, as dominant money-supplier, becomes free to create money costlessly and at will. As a result, this 'inflation' of the money supply destroys the value of the dollar or pound, drives up prices, cripples economic calculation, and hobbles and seriously damages the workings of the market economy." Murray Rothbard
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