Fractional Reserve 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. 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

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

Orrin Woodward

#4. Fractional reserve banks are sitting ducks and are always subject to contraction. When the banks' state of inherent bankruptcy is discovered, for example, people will tend to cash in their deposits, and the contractionary, deflationary pressure could be severe.

Murray Rothbard

#5. Commercial banks - that is, fractional reserve banks - create money out of thin air. Essentially, they do it in the same way as counterfeiters.

Murray Rothbard

#6. No toys in the fish tank

Cynthia Lord

#7. I take a lot of flak from the counter-establishment for selling out.

Chuck Palahniuk

#8. You have the power and control to be whatever you want to be, no matter where you start in life.

Joey Graceffa

#9. Conflict begins at the moment of birth.

Jean Baker Miller

#10. I'm very protective of how much I let people see.

Christina Aguilera

#11. We are not killing, we are saving.......a billion dreams.

Sumit Agarwal

#12. In one hand I have a restraining order, and in the other I have a Taser. Which would you like to meet first?

John Scalzi

#13. My parents raised me that you never ask people about their reproductive plans. "You don't know their situation," my mom would say. I considered it such an impolite question that for years I didn't even ask myself. Thirty-five turned into forty faster than McDonald's food turns into cold nonfood.

Tina Fey

#14. Adam Nevill a spine-chiller in the classic tradition, a writer who draws you in from the world of the familiar, eases you into the world of terror, and then locks the door behind you. The House of Small Shadows grows darker and takes on more menacing life with each step forward.

Michael Koryta