Federal Reserve Quotes

“It is no coincidence that the century of total war coincided with the century of central banking.”
― Ron Paul, End the Fed

“Money is not an invention of the state. It is not the product of a legislative act. Even the sanction of political authority is not necessary for its existence. Certain commodities came to be money quite naturally, as the result of economic relationships that were independent of the power of the state.”
― Carl Menger

“I will feel no guilt on shutting my door to those who didn't listen.”
― Stefan Molyneux

“I was reading in the paper today that Congress wants to replace the dollar bill with a coin. They’ve already done it. It’s called a nickel.”
― Jay Leno

“You have to include inflation in your annual revenue and expense forecasts. You have to treat inflation as an annual fee your business pays into the economy. If inflation is 2% for example, that means the economy is charging your business a 2% annual fee and so you gotta make sure your income and total assets grow at minimum 2% annually just to keep up.”
― Hendrith Vanlon Smith Jr, CEO of Mayflower-Plymouth, Business Essentials

“Von Pein’s family was a little known, but highly influential entity within American banking circles. Banking Royalty, some called it. His grandfather had been one of the chief orchestrators of the Federal Reserve Act of 1913, which effectively took ownership of the bank from the American people.”
― James Morcan, The Orphan Factory

“For the same reason a disease cannot be cured by more of the germ that caused it, the inflation and debt accumulation of the Obama years will not inflate our way out of it.”
― Ron Paul, End the Fed

“Capitalism is Altruistic, and it requires a certain altruism of each of us.”
― Hendrith Smith, Essays on Capitalism & The U.S. Economy

“it (government) can't run out of dollars any more than a carpenter can run out of inches.”
― Stephanie Kelton

“Whoever controls the volume of money in any country is absolute master of all industry and commerce.”
― James A. Garfield President of the United States

“Had Volcker never pushed through his radical change in policy, the world would be many bond traders and one memoir the poorer.”
― Michael Lewis, Liar's Poker

“Before Volcker’s speech, bonds had been conservative investments, into which investors put their savings when they didn’t fancy a gamble in the stock market. After Volcker’s speech, bonds became objects of speculation, a means of creating wealth rather than merely storing it.”
― Michael Lewis, Liar's Poker

“Sneaky and underhanded, the Federal Reserve has been sucking the life blood out of the United States since 1913. Like a black widow spider, it weaves a web of corruption and deceit. Unknown to its prey, the FED's bite is poisonous, deep, long-lasting and brings financial upheaval and misery to Americans.”
― Jim McCarthy, The Money Spiders, the Ruin-NATION of the United States by the Federal Reserve

“Did anyone of those bullish investors ever think what would happen to the Treasury market if the Fed ever became a net seller of bonds?”
― Ziad K. Abdelnour, Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politics

“100 Years Is Enough: Time to Make the Fed a Public Utility”
― Ziad K. Abdelnour, Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politics

“The job of the Federal Reserve is “to know when to remove the punch bowl at the party.” Under Alan Greenspan’s leadership its motto became “let’s all get drunk and see what happens.” It is now the morning after and the world will be dealing with Greenspan’s hangover for the next several decades.”
― Said Elias Dawlabani, MEMEnomics: The Next Generation Economic System

“By loaning banks money for no interest, you’re really letting them into the casinos with the house’s money, aren’t you?”
― Kenneth Eade, Terror on Wall Street, a Financial Metafiction Novel

“La plus importante réforme monétaire que l’on puisse espérer serait l’abolition de toutes les banques centrales et un retour à une situation qu’ont vécu les humains de tous temps où l’argent est une commodité d’échange qui ne peut être produite qu’à un coût élevé, tel qu’en or ou en argent, par le marché. À nouveau, pas de monopole dans la production monétaire mais bien une compétition de cette production monétaire afin de ne pas pouvoir la créer à partir de rien.”
― Hans-Hermann Hoppe

“the fed can print credit as long as someone will borrow it into existence... the fed cannot print product (or production)”
― Anonymous

“A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the Nation, therefore, and all our activities are in the hands of a few men ♦ ♦ *, We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilised world — no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of small groups of dominant men.”
― Woodrow Wilson, The New Freedom: A Call For the Emancipation of the Generous Energies of a People

“Brainwashing for it's devilish schemes and a theme set up for slavery and currency means. If you had ears to hear, you'd know what I mean & what I mean, you'd know if you were here, for the grass is real & greener on the other side.”
― Jose R. Coronado, The Land Flowing With Milk And Honey

“12 instituted charters instituting a currency for commodity to barter as a medium of exchange.
They ask "Am I a little deranged? Saying things a little too strange?" I laugh it off like if they only knew, they would be as sane and that's what I'm in; to be out would mean to be like the mass of these man.”
― Jose R. Coronado, The Land Flowing With Milk And Honey

“spends like a hooker with a crack addiction.”
― Anonymous

“Inflation is taxation without representation.”
― James Thomas Kesterson Jr

“The fall of the Roman Empire was caused by what will eventually cause the fall of the United States of America - 'Fractional Reserve Banking'.”
― James Thomas Kesterson Jr

“When the subject was money, central authority had always been taboo; it was a demon that terrified the people. Fear of this demon had kept the country without any effective organization of its finances for seventy-five years. Now, three-quarters of a century after Andrew Jackson, the ghost was slain.”
― Roger Lowenstein, America's Bank: The Epic Struggle to Create the Federal Reserve

“The Federal Reserve is an independent agency. And that means basically that there is no other agency of government which can overrule actions that we take. So long as that is in place, and there is no evidence that the administration, or congress, or anybody else is requesting that we do things other than what we think is the appropriate thing, then what the relationships are don't frankly matter. And I've had very good relationship with presidents.”
― Alan Greenspan

“The Federal Reserve is an independent agency. And that means basically that there is no other agency of government which can overrule actions that we take. So long as that is in place, and there is no evidence that the administration, or congress, or anybody else is requesting that we do things other than what we think is the appropriate thing, then what the relationships are don't frankly matter. And I've had very good relationships with presidents.”
― Alan Greenspan

“This ... he largest financial bailout in history ... was not just a bailout of SVB [Silicon Valley Bank]. It was a bailout of over fifty thousand SVB depositors with over $170 billion in deposits. It was a bailout of SVB's customers, it's employees, their suppliers, and the entire high-tech startup ecosystem in Silicon Valley and around the world.”
― James Rickards, MoneyGPT: AI and the Threat to the Global Economy

“This ... the largest financial bailout in history ... was not just a bailout of SVB [Silicon Valley Bank]. It was a bailout of over fifty thousand SVB depositors with over $170 billion in deposits. It was a bailout of SVB's customers, it's employees, their suppliers, and the entire high-tech startup ecosystem in Silicon Valley and around the world.”
― James Rickards, MoneyGPT: AI and the Threat to the Global Economy