Central Banking Quotes

The rich will strive to establish their dominion and enslave the rest. They
always did ... they always will. They will have the same effect here as
elsewhere, if we do not, by the power of government, keep them in their proper
spheres. ~ Gouverneur Morris

In central banking as in diplomacy, style, conservative tailoring, and an easy association with the affluent count greatly and results far much less. ~ John Kenneth Galbraith

Throughout the 19th century, when there was a laissez-faire mentality and insufficient regulation, you had one crisis after another. Each crisis brought about some reform. That is how central banking developed. ~ George Soros

The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government's greatest creative opportunity. By the adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government. Money will cease to be the master and become the servant of humanity. Democracy will rise superior to the money power. ~ Abraham Lincoln

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

While boasting of our noble deeds we're careful to conceal
the ugly fact that by an iniquitous money system we have
nationalized a system of oppression which, though more refined,
is not less cruel than the old system of chattel slavery. ~ Horace Greeley

War has generally had grave and fateful consequences for the American monetary and financial system. We have seen that the Revolutionary War occasioned a mass of depreciated fiat paper, worthless Continentals, a huge public debt, and the beginnings of central banking in the Bank of North America. ~ Murray Rothbard

There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. ~ John Maynard Keynes

Clear communication is always important in central banking, but it can be especially important when economic conditions call for further policy stimulus but the policy rate is already at its effective lower bound. ~ Ben Bernanke

Central banks have gotten out of the central banking business and into the central planning business, meaning that they are devoted to raising up-if they can-economic growth and employment through the dubious means of suppressing interest rates and printing money. The nice thing about gold is that you can't print it. ~ James Grant

The one thing people don't appreciate, I think, is that central banking is not a new development. It's been around for a very long time. ~ Ben Bernanke

Refuting the false promises requires philosophic understanding of economic interventionism, central banking, and the deeply flawed foreign policy of meddling in the affairs of other nations. ~ Ron Paul

Every major war in American history, except the Mexican and Spanish-American, has either led to central banking or resulted from it. Central banking and government have a symbiotic relationship that is often mediated by war. Central banking gives government a way to tap the productive power of the private sector and borrow from the future without the need to rely overmuch on unpopular tax increases. Government gives central banking the extreme profits that derive from immense borrowing to finance wars and other government projects. ~ Mark David Ledbetter

The Federal Reserve bank buys government bonds without one penny ... ~ John C. Danforth

The Federal Reserve is one of the most corrupt institutions the world has ever seen. There is not a man within the sound of my voice who does not know that this nation is run by the international bankers. ~ Louis Thomas McFadden

Central banking has become the new central planning. Under the old central planning, government attempted to manage production and the supply of goods and services. Under the new central planning, the Fed attempts to manage the financial system and the supply and allocation of credit. ~ Anonymous

There have been three great inventions since the beginning of time: fire, the wheel, and central banking. ~ Will Rogers

I like to judge people and it was clear to me that Colin's life has been about as exciting as a cluster headache. You can tell this just from his humour tumour which runs through every conversation you have with him. I got the impression that Colin had arrived at his early fifties resenting the fact that he's spent his entire career worshiping at the altar of Dynasty PLC. But he is now so indoctrinated by the world of corporate banking that he's forgotten how to express the real him.

This is what a life working for large corporations does to people. The workplace is a place not to be you; it's a place to be the corporate you. The you that doesn't really exist. We all see this corporate you and pretend that it's a normal part of life. But we know that something isn't quite right. We know that the real you is slowly fading away like old wallpaper. The corporate you is a myth; just like Icarus. And yet we are powerless against it. All of us are powerless against the wrath of the corporate world. ~ Rupert Dreyfus

The trouble is, nobody knows exactly how the world really works. We are all fallible people with limited knowledge. It is only through Biblical revelation from the One who knows how the world really works because He made it and actively sustains it that anyone can come to a competent understanding of the world. ~ Gary North

The Founder-Director purposely designed the building in a U-shape, in the interior of which is a courtyard with a central fountain, to reflect the introspective nature of a true Muslim, a universal and perfect man. These interior parts of the building are hidden from the outside in contrast to secularized buildings which face the road and are exposed to the busy traffic of secular life and are therefore without real privacy and introspective spirit. ~ Wan Mohd Nor Wan Daud

My parents weren't around much, but I assumed everybody's family was the same. I didn't know people had mummies and daddies who would give them milk and cookies after school. I just thought everybody lived on Central Park West and they had a nanny to take care of them. ~ Stephen Sondheim

Now the stream of our common consciousness seems to be obliterating its own banks, losing its central direction and purpose, flooding the lowlands, disconnecting and isolating the highlands and to no particular purpose other than the wasteful fulfillment of its own internal momentum ~ Robert M. Pirsig

The dominion which the banking institutions have obtained over the minds of our citizens ... must be broken, or it will break us. ~ Thomas Jefferson

Note for Americans and other city-dwelling life-forms: the rural British, having eschewed central heating as being far too complicated and in any case weakening moral fiber, prefer a system of piling small pieces of wood and lumps of coal, topped by large, wet logs, possibly made of asbestos, into small, smoldering heaps, known as "There's nothing like a roaring open fire is there?" Since none of these ingredients are naturally inclined to burn, underneath all this they apply a small, rectangular, waxy white lump, which burns cheerfully until the weight of the fire puts it out. These little white blocks are called firelighters. No one knows why. ~ Terry Pratchett

The central inner conflict is one between the constructive forces of the real self and the obstructive forces of the pride system, between healthy growth and the drive to prove in actuality the perfection of the idealized self. ~ Karen Horney

Even if these stories are 3,000 years old, there's still so much about the characters, about the dilemmas, about their understanding of the universe that still resonates. The whole idea of order and chaos, which is really central to the ancient Egyptian understanding of the world, is still very much with us. ~ Rick Riordan

Judge Fisher permitted the defendants to explain how their opposition to the war had caused them to commit an act of resistance. He also permitted them to call as witnesses a wide range of people who supported resistance to the war, including both Daniel and Philip Berrigan. One by one, defense witnesses spoke of resistance to the government's war policy as an admired virtue central to understanding of American history and to maintaining a just society. One of the surprising witnesses was Major Clement St. Martin, the commander of the New Jersey State induction center in Newark from 1968 to 1971. Files under his control had been destroyed by the defendants. Nevertheless, he testified in their defense.He said he had become completely frustrated after years of making futile complaints through appropriate channels about the gross corruption in the way the draft forced the sons of the poor to serve in Vietnam and released the sons of the rich and sons of state and federal officials from service. His frustrations had grown particularly deep, he testified, in 1969 when a "very high" Selective Service official, responding to complaints filed by the major, told him, "Mind your business. We have twenty million animals to chose from. ~ Betty Medsger

If we're talking about buying exchanges abroad, we have to have global securities standards, as we have global banking regulations. I'm talking about margins. Now, the United States has certain margin requirements that are not the same in London. Investors and hedge funds that want to borrow more money against securities ? if they can't in the U.S., they go abroad. That could add additional risks to the global economy. ~ Muriel Siebert

Time is running out fast. I think we have maybe a few months
it could be weeks, it could be days
before there is a material risk of a fundamentally unnecessary default by a country like Spain or Italy which would be a financial catastrophe dragging the European banking system and North America with it. So they have to act now. ~ Willem Buiter

Trust is central to an economy that works. ~ Stephen Covey

He still loves you," said Brother Zachariah, and his voice was surprisingly gentle. "You are the central point about which his world spins. That has not changed. ~ Cassandra Clare

There's a whole slew of wonderful speculation of flying in a fanciful way. Gulliver is one of the central examples; Swift has the hum of Arabian Nights in his ear with Gulliver's Travels. The difference is in scale - Gulliver as a kind of Sinbad kind of figure, the way he is picked up and carried. Just to finish up with Scheherazade, I do think that The Arabian Nights could be considered as a great book on women's position in the world. ~ Marina Warner

Adam, we hear, walked in easy fellowship with God in the cool of the evening and spoke to him as to a friend. This ordering of Adam to God meant that our first parent was effortlessly caught up in adoration. The term "adoration" comes from the Latin ado ratio, which in turn is derived from "ad ora" (to the mouth). To adore, therefore, is to be mouth to mouth with God, properly aligned to the divine source, breathing in God's life. When one is in the stance of adoration, the whole of one's life - mind, will, emotions, imagination, sexuality - becomes ordered and harmonized, much as the elements of a rose window arrange themselves musically around a central point. ~ Robert E. Barron

I can remember neing in high school, walking through Central Park on a chilly day, and the sound of stamping on the crispness of autumn leaves would make me think of the sensation of my head cracking open. And I would get really scared and run all the way home, running for cover. ~ Elizabeth Wurtzel

Looking long term, a stronger, wealthier, and more stable Central America next door benefits the United States' own safety, security, and economy. ~ James T. Walsh

The conflict between the will to deny horrible events and the will to proclaim them aloud is the central dialectic of psychological trauma. ~ Judith Lewis Herman

The sixteen hundred dairies in California's Central Valley alone produce more waste than a city of twenty-one million people-that's more than the populations of London, New York, and Chicago combined. ~ Gene Baur

During the morning rush hour on March 20, 1995, the Japanese cult Aum Shinrikyo placed packages on five subway trains converging on Tokyo's central station. When punctured, the packages spread vaporized Sarin through the subway cars and then into the stations as the trains pulled in. ~ Barton Gellman

Central Intelligence cutting Meo opium fields! China Lobby copping poppies in Burma! How long this Addict government support our oil-burner matter-habit ~ Allen Ginsberg

What central banks can control is a base and one way they can control the base is via manipulating a particular interest rate, such as a Federal Funds rate, the overnight rate at which banks lend to one another. But they use that control to control what happens to the quantity of money. There is no disagreement. ~ Milton Friedman

Roughly 90 percent of songs have mating as their central theme, and this holds true regardless of cultural setting or historical period. ~ Gad Saad

The central issue of poetry as of politics is the destiny of the human personality. ~ Martin Carter

During my campaign, I had come across a small number of (mostly) young men, who had strongly racist views. They told me they would only vote for a party that was willing to get rid of black and coloured people from this country. What struck me as strange is that they weren't bothered about the thousands of white Europeans arriving from Central and Eastern Europe. ~ Andrea Leadsom

I suggest that the real objective of Socialism is not happiness. Happiness hitherto has been a by-product, and for all we know it may always remain so. The real objective of Socialism is human brotherhood. This is widely felt to be the case, though it is not usually said, or not said loudly enough. Men use up their lives in heart-breaking political struggles, or get themselves killed in civil wars, or tortured in the secret prisons of the Gestapo, not in order to establish some central-heated, air-conditioned, strip-lighted Paradise, but because they want a world in which human beings love one another instead of swindling and murdering one another. And they want that world as a first step. Where they go from there is not so certain, and the attempt to foresee it in detail merely confuses the issue. ~ George Orwell

The goal of the FED, as with all central banks, is three-fold: (1) to protect the largest commercial banks from their depositors, who occasionally exercise their contractual right to withdraw currency (the ungrateful cads); (2) to control entry of newcomers into the bankers' cartel (interlopers); (3) to keep the stock market from collapsing in a panic, thereby persuading depositors to withdraw currency ~ Gary North

No central planning, no autocratic rule and no military regime can produce what free man can do. ~ Tsakhiagiin Elbegdorj

According to a Confucian view, there are four steps in social develpment, wrote Wilhem (Sr.). There are the individual, the family, the state, and mankind. The West had always emphasized the individual and the state. Individual development is extolled, and the single human being is regarded as central and as an atom of society. Over-emphasis on the function of the individual has led to deterioration of the family. Unlike Westerners, the Chinese have given greater weight to family and mankind. The consciousness of the individual is contained in the family, and since traditional China considered itself the world, Chinese considered themselves responsible for humankind rather than for the state. ~ Hellmut Wilhelm

When I was growing up in Virginia, the Civil War was presented to me as glorious with dramatic courage and military honor. Later, I realized how death was central to the reality. It was at the core of women's lives. It's what they talked about most. ~ Drew Gilpin Faust

Comedy Central wanted to do a show with me, I had a couple failures under my belt with them already, but they still wanted to try something else. They came to me and said they wanted to do something that was internet focused and created original content on their site, so they could compete with the funny or dies and what not. So that was the premise, and they gave us a small amount of money, $5000, and from there it turned into the show. ~ Daniel Tosh

Like my father I, too, was born in Central America - Nebraska. ~ Carlos Mencia

The hypostatic union, or the union of the divine and human natures in the One Person of the Word, the God-Man, Jesus Christ, was not only a truth of the greatest, most revolutionary, and most existential actuality, but it was the central truth of all being and all history. ~ Thomas Merton

Sexual health is as achievable and reasonable a goal for patients in palliative care and hospice care as pain relief, but few hospice and palliative care professionals include sexual health within their assessment and plan of care. Given that
sexuality is a central aspect of being human, sexual health should be part of the assessment and plan for every patient
receiving palliative care and hospice care. ~ Kimberly D. Acquaviva

Even the National Bank of Romania doesn't have the huge resources needed to intervene in the market and keep the leu at an acceptable level, because they're drawing close to a floor below which the bank's reserves can't drop. The central bank has to wait for a moment of calm to efficiently conduct its interventions. ~ Traian Basescu

The poor Constitution itself is hardly paid any attention to. It's necessary to ignore it because most of what government does these days is clearly unconstitutional. The original idea, as expressed by James Madison, was that states would do 95 percent of the governing. Today, they are little more than administrative subdivisions of the central empire. ~ Charley Reese