#banking

The modern banking system manufactures money out of nothing. ↗

— Josiah Stamp

#banking system #manufactures #modern #money #nothing

For nearly four years you have had an Administration which instead of twirling its thumbs has rolled up its sleeves. We will keep our sleeves rolled up. We had to struggle with the old enemies of peace--business and financial monopoly, speculation, reckless banking, class antagonism, sectionalism, war profiteering. They had begun to consider the Government of the United States as a mere appendage to their own affairs. We know now that Government by organized money is just as dangerous as Government by organized mob. ↗

— Franklin D. Roosevelt

#banking #business #class-warfare #elections #finance

Washington should revive international efforts begun during the Clinton administration to pressure countries with dangerously loose banking regulations to adopt and enforce stricter rules. ↗

— Kit Bond

#adopt #banking #begun #clinton #clinton administration

We are inheriting the worst financial system since the Depression. We're inheriting a situation - when people go back and study major banking crises a quarter century from now, the one that America developed in 2007 and 2008 is going to be one of those crises. ↗

— Lawrence Summers

#back #banking #century #crises #depression

There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth. ↗

— Frederick Soddy

#banking system #debt #deeper #ever #expansion

The whole profit of the issuance of money has provided the capital of the great banking business as it exists today. ↗

— Frederick Soddy

#business #capital #exists #great #money

The reform of state industry, and most directly related to that, the banking sector, is enormously daunting. ↗

— William Kirby

#daunting #directly #enormously #industry #most