Money creation | Quotes about the magic of money

"By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens." John Maynard Keynes

"This is an age of mass production. In the mass production of materials a broad technique has been developed and applied to their distribution. In this age, too, there must be a technique for the mass distribution of ideas." Edward Bernays

"In theory, everybody buys the best and cheapest commodities offered to him on the market. In practice, if every one went around pricing, and chemically testing before purchasing, the dozens of soaps or fabrics or brands of bread which are for sale, economic life would become hopelessly jammed." Edward Bernays

"Mass production is only profitable if its rhythm can be maintained.. that is, if it can continue to sell its product in steady or increasing quantity. The result is that while, under the handicraft or small-unit system of production that was typical a century ago, demand created the supply, today supply must actively seek to create its corresponding demand." Edward Bernays

"The ingenious slogan that the public debt does not matter because 'we owe it to ourselves' is clearly absurd." Murray Rothbard

"There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt." John Quincy Adams

"We don't decide anything. It's decided for us: by the 'markets' and, following their lead, by governments. One has to be careful with language, not to talk oneself into a responsibility one doesn't actually have or that's being taken away from one. 'We' don't need to consider what we'd prefer, because it doesn't matter anyway. Questions of economic order and the distribution of economic benefits are currently decided by summits and central bankers under pressure from large corporations, especially the financial sector. 'We' will only have a say when we understand that, fundamentally, we have no say at all." Wolfgang Streeck

"Give me control over a nation’s currency, and I care not who makes its laws." Amschel Mayer Rothschild

"Losses of a kind of satisfaction that have no market equivalent don't show up in the calculations of economists." Ivan Illich

"Huge institutions producing costly services dominate the horizons of our inventiveness." Ivan Illich

"The college and university systems, at least, have become like television. There's a bit of this and a bit of that and some compulsory program with its components connected in a way that only a planner could understand." Ivan Illich

"When paper money systems begin to crack at the seams, the run to gold could be explosive." Harry Browne

"The state is an insatiable money-eating monster, and the central banks are its tireless inflationary machines. Together they are cronies of the impoverishment of peoples and an ideal pair for the dance of death of civilization" Roland Baader

"Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion- When you see that in order to produce, you need to obtain permission from men who produce nothing- when you see that money is flowing to those who deal, not in goods, but in favors- when you see that men get richer by graft and by pull than by work, and your laws don’t protect you against them, but protect them against you- when you see corruption being rewarded and honesty becoming a self-sacrifice – you may know that your society is doomed." Ayn Rand