Business Quotes Home - Woopidoo.com - Info
business and finance quotes
Inspirational Business Quotes

Fiat Money Quotes and Sayings

Find a Famous Quote
Fiat Money Quotes Inspiring Quotes by Subject

Fiat Money Quotes by inspirational people in the fields of business, finance, politics and motivation. Includes quotes about Fiat Money, notes and coins, legal tender, and fiat currency.

::: List of Business Quotes> Fiat Money Quotes

Fiat Money Quotes by famous people Fiat Money Quotes A-Z by People of Interest

Capitalism should not be condemned, since we haven’t had capitalism. A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank. It’s not capitalism when the system is plagued with incomprehensible rules regarding mergers, acquisitions, and stock sales, along with wage controls, price controls, protectionism, corporate subsidies, international management of trade, complex and punishing corporate taxes, privileged government contracts to the military-industrial complex, and a foreign policy controlled by corporate interests and overseas investments. Add to this centralized federal mismanagement of farming, education, medicine, insurance, banking and welfare. This is not capitalism!
Ron Paul - Federal Reserve - Government - Military Industrial Complex - Economy - Banks - Welfare - Monetary Policy - Capitalism - Fiat Money - Interest Rates - Protectionism - Taxes - Investment - Farming - Education - Insurance


Having examined the nature of fractional reserve and of central banking, and having seen how the questionable blessings of Central Banking were fastened upon America, it is time to see precisely how the Fed, as presently constituted, carries out its systemic inflation and its control of the American monetary system.
Murray Rothbard - Fraud - Inflation -
America - Federal Reserve - Money - Banks - Central Bank - Fiat Money

At the base of the Fed pyramid, and therefore of the bank system's creation of "money" in the sense of deposits, is the Fed's power to print legal tender money. But the Fed tries its best not to print cash but rather to "print" or create demand deposits, checking deposits, out of thin air, since its demand deposits constitute the reserves on top of which the commercial banks can pyramid a multiple creation of bank deposits, or "checkbook money."
Murray Rothbard - Federal Reserve - Central Bank -
Money - Banks - Power - Fiat Money

Governments have persistently tried their best to promote, encourage, and expand the circulation of bank and government paper, and to discourage the people’s use of gold itself.
Murray Rothbard - Money - Government -
Banks - Central Bank - Gold - Encouragement - Currency - Fiat Money - Manipulation

I want to make it clear what I am not saying. I am not saying that fiat money, once established on the ruins of gold, cannot then continue indefinitely on its own.
Murray Rothbard - Gold - Money -
Fiat Money

To those advocates of independent paper moneys who also champion the free market, I would address this simple question: “Why don’t you advocate the unlimited freedom of each individual to manufacture dollars?” If dollars are really and properly things-in-themselves, why not let everyone manufacture them as they manufacture wheat and baby food?
Murray Rothbard - Free Market - Money -
Dollar - Fiat Money - Freedom - Manufacturing

Money is different from all other commodities: other things being equal, more shoes, or more discoveries of oil or copper benefit society, since they help alleviate natural scarcity. But once a commodity is established as a money on the market, no more money at all is needed. Since the only use of money is for exchange and reckoning, more dollars or pounds or marks in circulation cannot confer a social benefit: they will simply dilute the exchange value of every existing dollar or pound or mark.
Murray Rothbard - Gold - Money -
Dollar - Pound - Economy - Currency - Oil - Inflation

Fiat Money List of Quotes about Fiat Currencies

::: Business Leaders Home> Quotes about Business> Fiat Money Quotations and Sayings

business success and motivation Business Newsletter

Subscribe to receive a motivational business and finance quote three times each week. Includes quotes from International leaders in business, finance, and motivation.
Subscribe
Unsubscribe

Join us @
follow us on facebook follow us on twitter follow us on google plus

Woopidoo.com - Business and Finance
::: Articles on Business ::: Business Quotes ::: Business Leader Biographies ::: Business Interviews :::
See also Business Leaders by Profession, by Country, or Alphabetical Listings
Business News Articles - Rich List Reviews - Business Glossary - Book Reviews
Famous Fiat Money Quotes
Copyright © Woopidoo.com - Learn from the leaders in business!