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Tag Archive for: Economics

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Reginald McKenna Quote on the Power of Banks – The Truth Nobody Wants to Hear!

0 Comments/in Reginald McKenna

“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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Robert H. Hemphill on the Truth of Bank Money System – Eye-Opening Insights

0 Comments/in Robert H. Hemphill

“If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent, on the Commercial Banks. Someone has to borrow every dollar, we have in circulation, cash or credit. If the Banks create ample synthetic money, we are prosperous; if not, we starve. We are, absolutely, without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity, of our hopeless position, is almost incredible, but there it is. It is the most, important subject, intelligent persons can investigate and reflect upon. It is so important that our present civilization may collapse, unless it becomes widely understood, and the defects remedied very soon.”

Robert H. Hemphill

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Harold Wallace Rosenthal | Our power has been created through the manipulation of the national monetary system

0 Comments/in Harold Wallace Rosenthal

“Our power has been created through the manipulation of the national monetary system.. The Federal Reserve system fitted our plan nicely since it is owned by us, but the name implies that it is a government institution. From the very outset, our purpose was to confiscate all the gold and silver, replacing them with worthless non- redeemable papen notes…
We Jews have put issue upon issue to the American people. Then we promote both sides of the issue as confusion reigns. With their eyes fixed on the issues, they fail to see who is behind every scene. We Jews toy with the American public as a cat toys with a mouse…”

Harold Wallace Rosenthal

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Markus Krall explains: Why Modern Monetary Theory and Money Creation are Dangerous

0 Comments/in Dr. Markus Krall

“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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Ingolfur Blühdorn on Democracy: The Bitter Truth Behind the Promises

0 Comments/in Ingolfur Blühdorn

“It has long been obvious in the Western tribal countries of democracy that the promises inherent in this concept will probably remain unfulfilled: Politics is losing ground dramatically to the power of the markets; supposedly democratic systems are firmly in the hands of powerfully organized interests and have less and less to do with popular sovereignty – if there ever was any. Social inequality and the disenfranchisement and reification of citizens as mere administrative objects or human resources are advancing inexorably – though every step of disenfranchisement is communicated as emancipatory gain.”

Ingolfur Blühdorn

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Roland Baader Quote: Why Democracy and Socialism Are Incompatible

0 Comments/in Roland Baader

“”It is … a naivety that cannot be excused by anything to believe that a state can be total in the economic sphere without being so at the same time in the political and spiritual sphere ….” … Democracy and socialism are not a tautology (à la Oskar), but radical, mutually exclusive opposites. Democracy is a method of limiting and controlling power. Socialism, on the other hand, always denies the individual freedom of choice of individuals over their economic preferences and life goals (supposedly in favor of the general public, the collective); thus socialism always assigns sovereignty over the decisive existential forces and life motivations to the state or a party or political cliques, and thus socialism is never a system or method for limiting power, but always and everywhere pseudo-moral justification for patronizing life, carte blanche for cynically moralizing unrestrained power.”

Roland Baader

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John Adams Quote on the True Cause of American Troubles – Ignorance About Money Explained!

0 Comments/in John Adams, Thomas Jefferson

“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

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Vladimir Lenin Quotes: How to Economically Crush the Bourgeoisie

0 Comments/in Vladimir Lenin

“The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.”

Vladimir Lenin

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Ludwig von Mises: Why Demagogues Score with Taxes on the Rich

0 Comments/in Ludwig von Mises

“Nothing can make a demagogue more popular today than when he repeatedly calls for sharp taxes against the rich […] Wealth levies and high income taxes on the larger incomes are quite extraordinarily popular with the masses who do not have to pay them.”

Ludwig von Mises

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Roland Baader on Ecologism: The Hidden Dangers to Freedom and Capitalism

0 Comments/in Roland Baader

“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

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