Money creation | Quotes about the magic of money

"An underpaid man is a customer reduced in purchasing power. He cannot buy. Business depression is caused by weakened purchasing power. Purchasing power is weakened by uncertainty or insufficiency of income. The cure of business depression is through purchasing power, and the source of purchasing power is wages." Henry Ford

"“The law of work seems unfair, but nothing can change it; the more enjoyment you get out of your work, the more money you will make.”" Mark Twain

"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

"When I was young I thought that money was the most important thing in life; now that I am old I know that it is." Oscar Wilde

"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

"The marketplace is a wondrous institution. It harnesses the self-interest of each of us and puts it to work for the benefit of all. And it does so without intruding upon our desires, our privacy, or our freedom. It is regulation by reality, not by coercion." Harry Browne

"We may not always recognize it, but government plays a bigger role in our lives than any other single person or institution. We spend nearly half of our lives working to pay for it. Children spend more time in government schools than they do with their parents. Birth, death, marriage, every area of our lives feels the influence of government." Harry Browne

"All the Perplexities, Confusions and Distresses in America arise not from defects in their Constitutions or Confederation, not from a want of Honour or Virtue, So much as from downright Ignorance of the Nature of Coin, Credit and Circulation." John Adams

"The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation." Vladimir Lenin

"Ecologism is (among quite a few other ism) a decay product of Marxism. The failed "impoverishment thesis" is replaced by the eco- and climate catastrophe. The goal is the extinction of capitalism - and thus of Western freedom." Roland Baader

"Capital must protect itself in every possible way, both by combination and legislation. Debts must be collected, mortgages foreclosed as rapidly as possible. When, through the process of law, the common people lose their homes, they will become more docile and more easily governed through the strong arm of government applied by a central power of wealth under leading financiers. These truths are well known among our principal men who are now engaged in forming an imperialism to govern the world. By dividing the voter through the political party system, we can get them to expend their energies in fighting for questions of no importance. It is thus by discreet action we can secure for ourselves that which has been so well planned and so successfully accomplished." Montagu Norman

"Anyone who wants to thwart the establishment of a Palestinian state must support Hamas and the transfer of money to Hamas [...] This is part of our strategy to isolate the Palestinians in Gaza from the Palestinians in the West Bank" Benjamin Netanjahu

"we have not yet developed a system of education that is not a system of indoctrination." Doris Lessing

"I never said money is freedom! I said money buys freedom. BUYS! What does that mean, money is freedom? This is ridiculous: Money is freedom. It means nothing. What do you think, that a dollar in a savings account is freedom? Maybe you have understood nothing I have said. You are trying to make me sound like an American average citizen." Klaus Kinski