Monetary Manipulation Quotes

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.

What is most vile and despicable about money is that it even confers talent. And it will do so until the end of the world.

Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose.

This circulating medium has a natural tendency to lessen by degrees the value and the use of money, and finally to render it powerless; and consequently to sweep away all the crushing masses of fraud, iniquity, cruelty, corruption and imposition that are built upon it.

In addition to their power over government based on government financing and personal influence, bankers could steer governments in ways they wished them to go by other pressures.

The manipulation of credit has been the most potent of all methods employed by financiers as a means of controlling commerce and fixing prices.We are all consumers and should all be producers.This credit is a tax upon humanity as if government bonds were issued and people were obliged to pay it.

“Never again” doesn’t reckon with money’s ability to erase memory.

The private control of credit is the modern form of slavery.

There is a very uneasy relationship between money and creativity, between money and almost everything. Its tendency to control and corrupt - whether it's in arts or education or politics, hardly anything is untouched by it. Journalism certainly is up there. Everything is susceptible to it.

Debasing your currency sometimes works in the short term, it has never worked in the long term and does not even usually work in the medium term. Lots of politicians like to do it because it is an easy way.

We create these boom-bust cycles by manipulating the money supply and the interest rates and directing it where it went in. And that is what happened with housing: pushed into housing combination of easy money plus all the regulations, and we created this boom-bust cycle, and corruption, because corruption goes with it, because you don't have the same discipline. So we've got to stop all that.

He who tampers with the currency robs labor of its bread.

The drum-fire of propaganda that the Fed is manning the ramparts against the menace of inflation brought about by others is nothing less than a deceptive shell game. The culprit solely responsible for inflation, the Federal Reserve, is continually engaged in raising a hue-and-cry about 'inflation,' for which virtually everyone else in society seems to be responsible. What we are seeing is the old ploy by the robber who starts shouting 'Stop, thief!' and runs down the street pointing ahead at others.

We will never cause any money to be coined in the land of any of the princes which shall be injurious to his coinage.

More paper money cannot make a society richer, of course, – it is just more printed-paper. Otherwise, why is it that there are still poor countries and poor people around? But more money makes its monopolistic producer (the central bank) and its earliest recipients (the government and big, government-connected banks and their major clients) richer at the expense of making the money's late and latest receivers poorer.

China only did the biggest devaluation in 20 years, only for one reason. Because they could get away with it.

Paper money is liable to be abused, has been, is, and forever will be abused, in every country in which it is permitted.

The mischief springs from the power which the monied interest derives from a paper currency, which they are able to control, from the multitude of corporations with exclusive privileges which they have succeeded in obtaining in the different states.

There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million is able to diagnose

The value of money is a scam perpetrated by those who have it over those who don't

Thanks to the central bank, most "monetary experts" and "leading macro-economists" can, by putting them on the payroll, be turned into government propagandists "explaining," like alchemists, how stones (paper) can be turned into bread (wealth).

You know if you let me write $200 billion worth of hot checks, I could also give you the illusion of prosperity.

The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money.