Share on Facebook Share on Twitter Comment on this quoteShare via Email Print this Page Daily Quotes Archives2026-04-17 Apr 17, 2026You can imagine, then, how this inflation and debt-based system, over time, will begin to change the culture of a society and its behavior. We become more materialistic than under a natural monetary system. We can’t just sit on our savings anymore, and we have to watch our investments constantly, and think about revenue constantly, because if it is not earning enough, we are actively getting poorer.~ Jorg Guido HulsmannNot understanding the process of a spontaneously-ordered economy goes hand-in-hand with not understanding the creation of resources and wealth.~ Julian SimonThe only reason for a government service is precisely to provide financial support for an operation that is otherwise unsustainable, or else there would be no point in the government’s involvement at all.~ Lew Rockwell Apr 16, 2026The most sinister and anti-social feature about bank-deposit money is that it has no existence. The banks owe the public for a total amount of money which does not exist. In buying and selling, implemented by cheque transactions, there is a mere change in the party to whom the money is owed by the banks. As the one depositor's account is debited, the other is credited and the banks can go on owing for it all the time. The whole profit of the issuance of money has provided the capital of the great banking business as it exists today. Starting with nothing whatever of their own, they have got the whole world into their debt irredeemably, by a trick. This money comes into existence every time the banks 'lend' and disappears every time the debt is repaid to them. So that if industry tries to repay, the money of the nation disappears. This is what makes prosperity so 'dangerous' as it destroys money just when it is most needed and precipitates a slump. There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth. An honest money system is the only alternative.~ Frederick SoddyMr. Speaker, we are now in Chapter 11... Members of Congress are official trustees presiding over the greatest reorganization of any bankrupt entity in world history.~ James A. Traficant, Jr.I have never yet had anyone who could, through the use of logic and reason, justify the Federal Government borrowing the use of its own money. I believe the time will come when people will demand that this be changed. I believe the time will come in this country when they will actually blame you and me and everyone else connected with the Congress for sitting idly by and permitting such an idiotic system to continue.~ Wright Patman Apr 15, 2026No State shall... coin money; emit bills of credit; make any thing but gold and silver coin a tender in payment of debts...~ United States ConstitutionOnly a debt-backed system of paper money could finance the great wars, the social improvements and the fevered dreams of the 20th century.~ Brian MaherThe new law will create inflation whenever the trusts want inflation...they can unload the stocks on the people at high prices during the excitement and then bring on a panic and buy them back at low prices...the day of reckoning is only a few years removed.~ Charles A. Lindbergh, Sr. Apr 14, 2026Don't let your mouth write no check that your tail can't cash.~ Bo DiddleyThe American Republic will endure, until politicians realize they can bribe the people with their own money.~ Alexis de TocquevilleWhen you accept money in payment for your effort, you do so only on the conviction that you will exchange it for the product of the effort of others. It is not the moochers or the looters who give value to money. Not an ocean of tears nor all the guns in the world can transform those pieces of paper in your wallet into the bread you will need to survive tomorrow. Those pieces of paper which should have been gold, are a token of honor—your claim upon the energy of the men who produce. Your wallet is your statement of hope that somewhere in the world around you there are men who will not default on that moral principle which is the root of money.~ Ayn Rand Apr 13, 2026No free government, or the blessings of liberty, can be preserved to any people, but by a firm adherence to justice, moderation, temperance, frugality and virtue, and by frequent recurrence to fundamental principles.~ George MasonI, however, place economy among the first and most important republican virtues, and public debt as the greatest of the dangers to be feared.~ Thomas Jefferson... the privilege of creating and issuing money... is the government's greatest creative opportunity... [saving] the taxpayers immense sums of money...~ Abraham Lincoln Previous week's quotes Next week's quotes Share on Facebook Tweet Email Print