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Monetary System Quotes

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Monetary System Quotes: "The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians."

The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in the hands of the politicians.



Monetary System Quotes: "It strengthens the bonds between nations to have the same civil laws and the same monetary system."

It strengthens the bonds between nations to have the same civil laws and the same monetary system.




Monetary System Quotes: "The essence of the contemporary monetary system is creation of money, out of nothing, by private banks’ often foolish lending."

The essence of the contemporary monetary system is creation of money, out of nothing, by private banks’ often foolish lending.



Monetary System Quotes: "What economic calculation requires is a monetary system whose functioning is not sabotaged by government interference."

What economic calculation requires is a monetary system whose functioning is not sabotaged by government interference.




Monetary System Quotes: "Of course I've already taken a very modest position on the monetary system, I do take the position that we should just end the Fed."

Of course I've already taken a very modest position on the monetary system, I do take the position that we should just end the Fed.



Monetary System Quotes: "It is regrettable that people think about our monetary system, and of our economic structure, only in times of depression."

It is regrettable that people think about our monetary system, and of our economic structure, only in times of depression.



Monetary System Quotes: "Dollar bill: people spend their whole life seeking to earn it, but won't spend 10 minutes seeking to learn it."

Dollar bill: people spend their whole life seeking to earn it, but won't spend 10 minutes seeking to learn it.