Money creation | Quotes about the magic of money

"In the 1930s, unemployed working people could anticipate that their jobs would come back." Noam Chomsky

"If the Fed had a war on abortion like its war on poverty or war on drugs, within five years men would be having abortions!" Harry Browne

"Up to now, economic development has always meant that people, instead of doing something, are enabled to buy it... Economic development has also meant that, after a time, people must buy the commodity because the conditions under which they could get along without it had disappeared from their physical, social, or cultural environment." Ivan Illich

"From the point of view of the economy, the sale of weapons is indistinguishable from the sale of food. When a building collapses or a plane crashes, it?s rather inconvenient from the point of view of those inside, but it?s altogether convenient for the growth of the gross national product, which sometimes ought to be called the "gross criminal product."" Eduardo Galeano

"Many priceless things can be bought." Marie von Ebner-Eschenbach

"Austerity must go from the top down" Heinrich Böll

"Money is like an arm or leg - use it or lose it." Henry Ford

"Language always proves to be economical; it employs the smallest, most inconspicuous means, yet with them it reaches toward great things." Jacob Grimm

"There's no such thing as a free lunch." Milton Friedman

"Every economist knows that minimum wages either do nothing or cause inflation and unemployment. That's not a statement, it's a definition." Milton Friedman

"We had learned how to invent things, and the question of why we invent things receded in importance. The idea that if something could be done it should be done was born in the nineteenth century. And along with it, there developed a profound belief in all the principles through which invention succeeds: objectivity, efficiency, expertise, standardization, measurement, and progress. It also came to be believed that the engine of technological progress worked most efficiently when people are conceived of not as children of God or even as citizens but as consumers-that is to say, as markets." Neil Postman

"Throughout the first half of the nineteenth century, the (Rothschild) brothers conducted important transactions on behalf of the governments of England, France, Prussia, Austria, Belgium, Spain, Naples, Portugal, Brazil, various German states and smaller countries. They were the personal bankers of many of the crowned heads of Europe. They made large investments, through agents, in markets as distant as the United States, India, Cuba and Australia." G. Edward Griffin

"It is so much easier to talk of poverty than to think of the poor." Walter Lippmann

"The essence and the glory of the free market is that individual firms and businesses, competing on the market, provide an ever-changing orchestration of efficient and progressive goods and services: continually improving products and markets, advancing technology, cutting costs, and meeting changing consumer demands as swiftly and as efficiently as possible." Murray Rothbard