The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of … - Josiah Stamp

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Philosophy must never be divorced from action. Unless it is put into practice, philosophy is nothing more than an intellectual game.

Josiah Stamp

The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented.

Hands, Historical, Bankers, Money, Banking, Astounding

Same Author Quotes

It is easy to dodge our responsibilities, but we cannot dodge the consequences of dodging our responsibilities.

Integrity, Responsibility, Community, Easy, Consequences, Dodging

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.

Buy, Earth, Liberty, Money, Pen, World

If you want to remain a slave to the banks and want them to pay the cost of your own slavery, then let them continue the issue of currency control and regulate the money supply of the nation.

Issues, Cost, Slavery, Issue, Regulate, Supply

The Government are extremely fond of amassing great quantities of statistics. These are raised to the nth degree, the cube roots are extracted, and the results are arranged into elaborate and impressive displays. What must be kept in mind, however, is that in every case, the figures are first put down by a village watchman, and he puts down anything he damn well pleases!

Government, Roots, Mind, Down, Raised

The modern banking system manufactures money out of nothing.

Bankers, Banking, Modern, Nothing, Money

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