Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Daily Quotes Archives2026-04-10 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