Inspiring Quotes by Subject
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
Fiat Money Quotes A-Z by People of Interest
Capitalism should not be condemned, since
we havent 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. Its 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!
Paul - Federal
Reserve - Government
Industrial Complex - Economy
Policy - Capitalism
Money - Interest
Rates - Protectionism
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
Rothbard - Fraud
Reserve - 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."
Rothbard - Federal
Reserve - Central
Bank - Money
Governments have persistently tried their
best to promote, encourage, and expand the
circulation of bank and government paper,
and to discourage the peoples use
of gold itself.
Rothbard - Money
Bank - Gold
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.
Rothbard - Gold
To those advocates of independent paper
moneys who also champion the free market,
I would address this simple question: Why
dont 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?
Rothbard - Free
Market - Money
Money - Freedom
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.
Rothbard - Gold
List of Quotes about Fiat Currencies
Quotes about Business> Fiat Money Quotations