„The banking system is the greatest magic trick ever pulled. They create money out of thin air, lend it to you at a brutal interest rate, and then force you to grind your bones to dust for thirty years just to pay them back for something that never even existed.“
Henry FordHenry Ford criticizes the banking system as the greatest magic trick, creating money out of nothing and charging high interest rates.
Henry Ford was an American industrialist and founder of the Ford Motor Company, known for introducing assembly line production.
A critical view of the banking system and its operation by Henry Ford.
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Copyright © yoice.net – Quote Artwork"When banks place credits into your account, they are merely pretending to lend you money. In reality, they have nothing to lend. Even the money that non-indebted depositors have placed with them was originally created out of nothing in response to someone else's loan. So what entitles the banks to collect rent on nothing? It is immaterial that men everywhere are forced by law to accept these nothing certificates in exchange for real goods and services. We are talking here not about what is legal, but what is moral."
G. Edward Griffin
Copyright © yoice.net – Quote Artwork"And what did the banks do to earn this perpetually flowing river of wealth? Did they lend out their own capital obtained through investment of stockholders? Did they lend out the hard-earned savings of their depositors? No, neither of these were their major source of income. They simply waved the magic wand called fiat money."
G. Edward Griffin
Copyright © yoice.net – Quote Artwork"Banking was conceived in iniquity and born in sin... Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen, they will create enough money to buy it back again... Take this great power away from them and all the great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in... But, if you want to continue to be a slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit."
Sir Josiah Stamp
Copyright © yoice.net – Quote Artwork"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
Copyright © yoice.net – Quote Artwork"In truth, money is not created until the instant it is borrowed. It is the act of borrowing which causes it to spring into existence. And, incidentally, it is the act of paying off the debt that causes it to vanish."
G. Edward Griffin
Copyright © yoice.net – Quote Artwork"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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