Ok so being a finance-centric forum, we're (not surprisingly) super gung-ho about the free markets.
And rightly so - capitalism is the greatest thing to ever dawn upon man (second only to agriculture, which actually makes capitalism possible. Else we'd all be spending our time farming.)
But any great thinker must look at the views/opinions from the other side.
Anyways, here's a few relevant quotes I've bookmarked throughout the past few years.
However hard we try to ignore reality, there's a lot of truth in them.
Feel free to add yours.
"Banking was conceived in iniquity and was born in sin. The bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough deposits to buy it back again. However, take it away from them, and all the great fortunes like mine will disappear and they ought to disappear, for this would be a happier and better world to live in. But, if you wish to remain the slaves of bankers and pay the cost of your own slavery, let them continue to create money."
~ Sir Josiah Stamp, Director of the Bank of England (appointed 1928). Reputed to be the 2nd wealthiest man in England at that time.
"When a government is dependent upon bankers for money, they and not the leaders of the government control the situation, since the hand that gives is above the hand that takes... Money has no motherland; financiers are without patriotism and without decency; their sole object is gain."
~ Napoleon Bonaparte, Emperor of France, 1815
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks...will deprive the people of all property until their children wake-up homeless on the continent their fathers conquered.... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs. "
~ Thomas Jefferson in the debate over the Re-charter of the Bank Bill (1809)
"None are more hopelessly enslaved than those who falsely believe they are free."
~ Johann Wolfgang Von Goethe
"The modern theory of the perpetuation of debt has drenched the earth with blood, and crushed its inhabitants under burdens ever accumulating. "
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning"
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