A Quote by Will Durant
Bankers know that history is inflationary and that money is the last thing a wise man will hoard.
Related Quotes
Bankers know that history is inflationary and that money is the last thing a wise man will hoard
Perhaps it is one secret of their power that, having studied the fluctuations of prices, the [bankers] know that history is inflationary.
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.
The Illuminati bankers rule the world through debt, which is money they create out of nothing. They need world government to ensure no country defaults or tries to overthrow them. As long as private bankers, instead of governments, create money the human race is doomed. These bankers and their allies have bought everything and everyone.
Banking was conceived in iniquity and born in sin... Bankers own the Earth. Take it away from them but leave them the power to create money, and, with the flick of a pen, they will create enough money to buy it back again... Take this great power away from them and all the great fortunes like mine will disappear and they ought to disappear, for then this would be a better and happier world to live in... But, if you want to continue to be a slave of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit.
Money is the root of all evil.' Then we hear, 'A fool and his money are soon parted.' What are they talking about? If money is so evil, shouldn't it be, 'A wise man and his money are soon parted'? And another thing, how does a fool get money in the first place? I know some fools who have a lot of money, but they won't tell me how they got it, and I won't tell them.
Bed and Breakfasts are really, really hard to run. You're the first one up and the last one to go to bed. You know, it really tested our strength. We became stronger from it - the whole experience from, you know, learning about it, sort of investing wise - money-wise, business-wise and then just pushing yourself. You know, it takes a lot of work to run a Bed and Breakfast. And then with a brand new baby, it triples.
The only thing history teaches us, a wise man once said, is that history doesn’t teach us anything.
The commodiousness of money is indeed great; but there are some advantages which money cannot buy, and which therefore no wise man will by the love of money be tempted to forego.
The truly wise man is he who believes the Bible against the opinions of any man. If the Bible says one thing, and any body of men says another, the wise man will decide, "This book is the Word of him who cannot lie".
Government is an inherently inflationary institution and will ever remain so until it is dispossessed of its monopoly of the supply of money.
Most people hoard their money - just keep it in the bank. Bitcoin will really take off when people start spending it, creating a velocity of money.
Banks have never made money in the history of banking, losing the equivalent of all their past profits periodically - while bankers strike it rich.
Of course, bankers were always interested in making money. But when bankers had clients, they bore some responsibility for the clients' welfare.
It's a mistake to think that any increase in wages is inflationary and there is substantial room for non-inflationary wage growth, particularly at the bottom end of the scale.
The death of Lincoln was a disaster for Christendom. There was no man in the United States great enough to wear his boots and the bankers went anew to grab the riches. I fear that foreign bankers with their craftiness and tortuous tricks will entirely control the exuberant riches of America and use it to systematically corrupt civilization.
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