Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Daily Quotes Archives Apr 8, 2026The creation of money exclusively as debt is the critical, destabilizing flaw in the American Economy.~ Theodore R. ThorenWars in old times were made to get slaves. The modern implement of imposing slavery is debt.~ Ezra PoundGold is the money of kings; silver is the money of gentlemen; barter is the money of peasants; but debt is the money of slaves.~ Norm Franz Apr 7, 2026The apportionment of taxes on the various descriptions of property is an act which seems to require the most exact impartiality; yet there is, perhaps, no legislative act in which greater opportunity and temptation are given to a predominant party to trample on the rules of justice. Every shilling which they overburden the inferior number is a shilling saved to their own pockets.~ James MadisonHistorians and economists are very good at creating and perpetuating myths that justify increasing the power placed in the hands of government.~ Reuven BrennerThe Constitution prohibits any direct tax, unless in proportion to numbers as ascertained by the census..... [and] ... prohibits Congress from laying a direct tax on the revenue from property of the citizen without regard to state lines...~ United States Supreme Court Apr 6, 2026Thinking to get at once all the gold the goose could give, he killed it and opened it only to find - nothing.~ AesopOur practical choice is not between a tax-cut deficit and a budgetary surplus. It is between two kinds of deficits: a chronic deficit of inertia, as the unwanted result of inadequate revenues and a restricted economy; or a temporary deficit of transition, resulting from a tax cut designed to boost the economy, increase tax revenues, and achieve -- and I believe this can be done -- a budget surplus. The first type of deficit is a sign of waste and weakness; the second reflects an investment in the future.~ John F. KennedyThe study of money, above all other fields in economics, is one in which complexity is used to disguise truth or to evade truth, not to reveal it.~ John Kenneth Galbraith Previous week's quotes Share on Facebook Tweet Email Print