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Josiah Stamp Quotes: The modern banking system manufactures money out of nothing.
         

The modern banking system manufactures money out of nothing.


Josiah Stamp
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Other quotes of Josiah Stamp


It is easy to dodge our responsibilities, but we cannot dodge the consequences of dodging our responsibilities.

It is easy to dodge our responsibilities, but we cannot dodge the consequences of dodging our responsibilities.



Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with a flick of a pen they will create enough to buy it back.

Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with a flick of a pen they will create enough to buy it back.



The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented.

The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented.



But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.

But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.



Banking was conceived in iniquity and born in sin.

Banking was conceived in iniquity and born in sin.



A pessimist looks at his glass and says it is half empty; an optimist looks at it and says it is half full.

A pessimist looks at his glass and says it is half empty; an optimist looks at it and says it is half full.



If you want to remain a slave to the banks and want them to pay the cost of your own slavery, then let them continue the issue of currency control and regulate the money supply of the nation.

If you want to remain a slave to the banks and want them to pay the cost of your own slavery, then let them continue the issue of currency control and regulate the money supply of the nation.



The individual source of the statistics may easily be the weakest link.

The individual source of the statistics may easily be the weakest link.



The Government are very keen on amassing statistics - they collect them, add them, raise them to the nth power, take the cube root and prepare wonderful diagrams.

The Government are very keen on amassing statistics - they collect them, add them, raise them to the nth power, take the cube root and prepare wonderful diagrams.





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Reason gains all people by compelling none.

Reason gains all people by compelling none.



No amount of anxiety makes any difference to anything that is going to happen.

No amount of anxiety makes any difference to anything that is going to happen.



If we could stop wasting food, imagine how many more people we could feed!

If we could stop wasting food, imagine how many more people we could feed!



It's a free country. I wish it weren't.

It's a free country. I wish it weren't.



A fleet of British ships at war are the best negotiators.

A fleet of British ships at war are the best negotiators.



The size of General Motors is in the service not of monopoly or the economies of scale but of planning.

The size of General Motors is in the service not of monopoly or the economies of scale but of planning.



Good morning, Lord! What are You up to today? Can I be a part of it? Thank You. Amen.

Good morning, Lord! What are You up to today? Can I be a part of it? Thank You. Amen.



There are no inconsistencies in the Discworld books; ocassionally, however, there are alternate pasts.

There are no inconsistencies in the Discworld books; ocassionally, however, there are alternate pasts.



I'm the oldest I've ever been, right now.

I'm the oldest I've ever been, right now.




Quote Description


This page presents the quote "The modern banking system manufactures money out of nothing.". Author of this quote is Josiah Stamp. This quote is about bankers, modern, money, banking, banking system,.