Quote by Carroll Quigley
Thus, the use of fiat money is more justifiable in financing a dep

Thus, the use of fiat money is more justifiable in financing a depression than in financing a war. – Carroll Quigley

Other quotes by Carroll Quigley

In addition to their power over government based on government financing and personal influence, bankers could steer governments in ways they wished them to go by other pressures. – Carroll Quigley

Category:
Government
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The history of the last century shows, as we shall see later, that the advice given to governments by bankers, like the advice they gave to industrialists, was consistently good for bankers, but was often disastrous for governments, businessmen, and the people generally. – Carroll Quigley

Category:
History
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This persistence as private firms continued because it ensured the maximum of anonymity and secrecy to persons of tremendous public power who dreaded public knowledge of their activities as an evil almost as great as inflation. – Carroll Quigley

Category:
Knowledge
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Other Quotes from
War
category

To call war the soil of courage and virtue is like calling debauchery the soil of love. – Proverb

Category:
War

I believe that political correctness can be a form of linguistic fascism, and it sends shivers down the spine of my generation who went to war against fascism. – P. D. James

Category:
War

Were not going to baby sit a civil war. – Barack Obama

Category:
War

It is fatal to enter any war without the will to win it. – Douglas MacArthur

Category:
War

Random Quotes

Death, like birth, is a secret of Nature. – Marcus Aurelius

Category:
Death

If you cultivate a healthy poverty and simplicity, so that finding a penny will literally make your day, then, since the world is in fact planted in pennies, you have with your poverty bought a lifetime of days. – Annie Dillard, “Seeing,” Pilgrim at Tinker Creek, 1974

Category:
Simplicity

What does God the Father look like? Although Ive never seen Him, I believe – as with the Holy Spirit – He looks like Jesus looked on earth. – Benny Hinn

Category:
Faith

Of course, a positive growth rate might be taken as evidence that a population is below its optimum. – Garrett Hardin

Category:
positive