Economic Quotes


Economic Quotes

All of the following quotes are words of wisdom, warning, and recommendation regarding economics from illustrious Americans...

 “He who controls the money supply of a nation controls the nation.”
James A. Garfield

"Whoever controls the volume of money in any country is absolute master of all industry and commerce."
James A. Garfield

“The unrestricted competition so commonly advocated does not leave us the survival of the fittest. The unscrupulous succeed best in accumulating wealth.”
Rutherford B. Hayes

“Debt is the fatal disease of republics, the first thing and the mightiest to undermine governments and corrupt the people.”
Wendell Phillips

“Competition has been shown to be useful up to a certain point and no further, but cooperation, which is the thing we must strive for today, begins where competition leaves off.”

Franklin D. Roosevelt

“We must lay hold of the fact that economic laws are not made by nature. They are made by human beings.”
Franklin D. Roosevelt

“All the measures of the Government are directed to the purpose of making the rich richer and the poor poorer.”
William Henry Harrison

“It is to be regretted that the rich and powerful too often bend the acts of government to their own selfish purposes.”
Andrew Jackson

“Experience demands that man is the only animal which devours his own kind, for I can apply no milder term to the general prey of the rich on the poor.”
Thomas Jefferson

“If a free society cannot help the many who are poor, it cannot save the few who are rich.”
John F. Kennedy

“Every man is a consumer, and ought to be a producer. He is by constitution expensive, and needs to be rich.”
Ralph Waldo Emerson

“A power has risen up in the government greater than the people themselves, consisting of many and various and powerful interests, combined into one mass, and held together by the cohesive power of the vast surplus in the banks.”
John C. Calhoun

“I hate banks. They do nothing positive for anybody except take care of themselves. They're first in with their fees and first out when there's trouble.”
Earl Warren

“History records that the money changers have used every form of abuse, intrigue, deceit, and violent means possible to maintain their control over governments by controlling money and its issuance.”
James Madison

“I believe that banking institutions are more dangerous to our liberties than standing armies.  If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around [these banks] will deprive the people of their property until their children wake up homeless on the continent their fathers conquered.  Already they have raised up a monied aristocracy that has set the government at defiance. The issuing power (of money) should be taken away from the banks and restored to the people to whom it properly belongs.”
Thomas Jefferson

“I am a most unhappy man. I have unwittingly ruined my country. A great industrial nation is controlled by its system of credit. Our system of credit is concentrated. The growth of the nation, therefore, and all our activities are in the hands of a few men. We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the civilized world no longer a Government by free opinion, no longer a Government by conviction and the vote of the majority, but a Government by the opinion and duress of a small group of dominant men.”
Woodrow. Wilson, a few years after the Federal Reserve Act of 1913

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“We must not tolerate oppressive government or industrial oligarchy in the form of monopolies and cartels.”
Henry A. Wallace

“Debt, n. An ingenious substitute for the chain and whip of the slavedriver.”
Ambrose Bierce

“Creditor. One of a tribe of savages dwelling beyond the Financial Straits and dreaded for their desolating incursions.”
Ambrose Bierce

 “Corporation: An ingenious device for obtaining profit without individual responsibility.”
Ambrose Bierce

 “Advertising is a racket, like the movies and the brokerage business. You cannot be honest without admitting that its constructive contribution to humanity is exactly minus zero.”
F. Scott Fitzgerald

 “What is the crime of robbing a bank compared with the crime of founding one.”
Earl Warren


Discussion Forum

Tolerance Of Oppressive Government Or Industrial Oligarchy As Monopoly And Cartel.

Started by Scolos Narbarson Nov 8, 2011. 0 Replies

“We must not tolerate oppressive government or industrial oligarchy in the form of monopolies and cartels.”Henry A. WallaceThis tells Us that it is undestood by some that tolerance should be limited…Read more →

Comment Wall

Comment by Scolos Narbarson on November 8, 2011 at 2:30pm

Thanks for the invitation to join this group, Brian. I see it as becoming and being a useful resource for the use of Citizens Party.

There may come a time when different ways of ordering these quotations will become necessary. Alphabetical, by author, etc. Limiting these quotations to economic issues is the first ordering.

Great start on entering quotations. Its looking good here already.   DAN 1

Comment by Scolos Narbarson on November 8, 2011 at 2:48pm

The discussion section here, could be discussions around specific quotations. I'll do an example.

Comment by Scolos Narbarson on November 8, 2011 at 3:21pm

Ran into trouble posting a discussion. Followed instructions to "Go Back To Add A Discussion Page" to publish a preview. I'll try again and use a different method...(skip the preview part)

Comment by Scolos Narbarson on November 8, 2011 at 3:32pm

The discussion posting took. Somehow the page got covered by other pages and it uncovered when I backed up or x'd out some pages. I learned from this. Because these difficulty postings are messy in this group, I will will delete them shortly.


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