Fractional Banking Quotes

#1. It should be clear that modern fractional reserve banking is a shell game, a Ponzi scheme, a fraud in which fake warehouse receipts are issued and circulate as equivalent to the cash supposedly represented by those receipts.

Murray Rothbard

#2. In relations between the rich and the strong, between the rich and the poor, between the master and the servant, it's liberty that grinds down, and the law which liberates.

Jean-Baptiste Henri Lacordaire

#3. Out of the bitter experiences of the panic of 1819 emerged the beginnings of the Jacksonian movement, dedicated to hard money, the eradication of fractional reserve banking in general, and of the Bank of the United States in particular.

Murray Rothbard

#4. No matter how difficult and painful it may be, nothing sounds as good to the soul as the truth.

Martha Beck

#5. I later realized that this is my view of passion: It is rooted in genuine friendship. Chemistry may be two strangers exchanging smoldering looks - but passion has to be able to survive at least a twenty-minute conversation!

Helen Simonson

#6. New Golden Rule of Fractional Reserve Banking: He who creates the "fool's gold" controls the fools.

Orrin Woodward

#7. I've been looking for you a long time, I just didn't know it. But now I do.

James Patterson

#8. How do people imagine the landscapes they find themselves in? How does the land shape the imaginations of the people who dwell in it? How does desire itself, the desire to comprehend, shape knowledge?

Barry Lopez

#9. I realize that there's a thing called the bodhisattva ideal, and it's a very nice pinnacle of attention. It's a very egotistical thought, ultimately.

Frederick Lenz