A Quote by G. Edward Griffin

An overview of all wars since the establishment of the Bank of England in 1694 suggests that most of them would have been greatly reduced in severity, or perhaps not even fought at all, without fiat money.

G. Edward Griffin

Quote Topics

Bank Been England Establishment Even Fiat Fought Greatly Money Most Overview Perhaps Reduced Severity Since Them Wars Without Would

Quote Author

G. Edward Griffin
American - Author
Born: November 7, 1931

By taking out a loan, I am committing myself to years of interest repayments, and therefore to years of wage slavery. And the UK has been borrowing like crazy since 1694, when the Bank of England was invented. This means that we are locked into high taxation to pay for 300 years of wars and other costly and generally disastrous state enterprises.

Tom Hodgkinson

It would be virtually impossible to finance wars without taxing the people, and the welfare system would be limited because there wouldn't be enough money in the bank to sustain it as it is, and that would help prices stay under control.

Ron Paul

I think that war is diplomacy by other means, for sure, and there have been wars that have been fought for righteous reasons. There are wars that have had to be fought, and there will probably continue to be.

Stephen Lang

A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.

Ron Paul

I think that war is diplomacy. There have been wars that have been fought for righteous reasons and there are wars that have had to be fought. Indeed, there will continue to be.

Stephen Lang

We regard the photograph, the picture on our wall, as the object itself (the man, landscape, and so on) depicted there. This need not have been so. We could easily imagine people who did not have this relation to such pictures. Who, for example, would be repelled by photographs, because a face without color and even perhaps a face in reduced proportions struck them as inhuman.

Ludwig Wittgenstein

Almost all wars, perhaps all, are trade wars connected with some material interest. They are always disguised as sacred wars, made in the name of God, or civilization or progress. But all of them, or almost all of the wars, have been trade wars.

Eduardo Galeano

Since opposed principles, or ideologies, are irreconcilable, wars fought over principle will be wars of mutual annihilation. But wars fought for simple greed will be far less destructive, because the aggressor will be careful not to destroy what he is fighting to capture. Reasonable - that is, human - men will always be capable of compromise, but men who have dehumanized themselves by becoming the blind worshipers of an idea or an ideal are fanatics whose devotion to abstractions makes them the enemies of life.

Alan Watts

Since we replaced the compulsory military draft with an all-volunteer force in 1973, our nation has been making decisions about wars without worry over who fights them. I sincerely believe that reinstating the draft would compel the American public to have a stake in the wars we fight as a nation.

Charles B. Rangel

Ever since wars have been fought, guys have been writing their stories.

Brandon Webb

My answer is that [Donald] Trump would not be permitted to win. Why do I say that? Because he's had every establishment off side; Trump doesn't have one establishment, maybe with the exception of the Evangelicals, if you can call them an establishment, but banks, intelligence [agencies], arms companies... big foreign money ... are all united behind Hillary Clinton, and the media as well, media owners and even journalists themselves.

Julian Assange

Contrary to what most people think, bank money is much more important than state money. In Greece, for example, bank money makes up 84.26% of the total money supply.

Steve Hanke

America has fought five wars since 1945 and has gained its objectives in only one of them, the Gulf War.

Henry Kissinger

So: if the chronic inflation undergone by Americans, and in almost every other country, is caused by the continuing creation of new money, and if in each country its governmental "Central Bank" (in the United States, the Federal Reserve) is the sole monopoly source and creator of all money, who then is responsible for the blight of inflation? Who except the very institution that is solely empowered to create money, that is, the Fed (and the Bank of England, and the Bank of Italy, and other central banks) itself?

Murray Rothbard

All American wars (except the Civil War) have been fought with the odds overwhelmingly in favor of the Americans. In the history of armed combat such affairs as the Mexican and Spanish-American Wars must be ranked, not as wars at all, but as organized assassinations. In the two World Wars, no American faced a bullet until his adversaries had been worn down by years of fighting others.