A Quote by Wendell H. Ford
If information is the currency of democracy, then libraries are its banks.
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I hold all idea of regulating the currency to be an absurdity; the very terms of regulating the currency and managing the currency I look upon to be an absurdity; the currency should regulate itself; it must be regulated by the trade and commerce of the world; I would neither allow the Bank of England nor any private banks to have what is called the management of the currency.
Information is the currency of democracy. It's denial must always be suspect.
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
Health information is just about the number one thing that people go into public libraries and connect to public libraries for. They're also looking for information about things that can make their lives better. It's a great equalizer.
Let me talk about what the banks are doing, and I think the banks have been working to make sure that, as much as possible, we move the currency to the smaller areas and to as many set of customers as possible.
Children know that if they have a question about the world, the library is the place to find the answer. And someone will always be there to help them find the answer-our librarians. (A librarian's) job is an important one. Our nation runs on the fuel of information and imagination that libraries provide. And they are in charge of collecting and sharing this information in a helpful way. Librarians inform the public, and by doing so, they strengthen our great democracy.
Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do that. It doesn't make sense to back up one currency with a hoard of other paper currencies. There needs to be a real anchor there. I think that central banks are well behind the curve. If you look at the percentage of above-ground gold controlled by central banks, it's historically low. Hence the fact that central banks are trying to increase their holdings. They've got a long way to go to get where they need to be.
Information is currency. ... Power is a place as well as a verb; it is inside the information tent.
We are privileged that the dollar is the "currency of last resort" and the most important currency in the world. Global commodities are priced in dollars. Central banks in other countries hold great quantities of dollars. The dollar was the safe harbor, the port in the storm during the credit crisis.
We survived for hundreds of years under the old banking structure. You'd have clearing banks, then merchant banks doing the racy stuff, and then building societies where you'd join a waiting list for a mortgage. But then banks started buying stockbrokers, doing mortgages, and you ended up with these big banking groups doing everything.
If you live in a democracy and don't have freedom of information, it's not a democracy. And people have to understand that if you don't have freedom of information online, it's not going to be offline, either.
At its core, bitcoin is a smart currency, designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions all good things
At its core, bitcoin is a smart currency designed by very forward-thinking engineers. It eliminates the need for banks, gets rid of credit card fees, currency exchange fees, money transfer fees, and reduces the need for lawyers in transitions... all good things.
In tight economic times, with libraries sliding farther and farther down the list of priorities, we risk the loss of their ideals, intelligence, and knowledge, not to mention their commitment to access for all—librarians consider free access to information the foundation of democracy, and they’re right. Librarians are essential players in the information revolution because they level that field. They enable those without money or education to read and learn the same things as the billionaire and the Ph.D…In tough times, a librarian is a terrible thing to waste.
Libraries serve the information needs of all of the people in the community — not just the loudest, not just the most powerful, not even just the majority. Libraries serve everyone.
If you do not value libraries then you do not value information or culture or wisdom. You are silencing the voices of the past and you are damaging the future.
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