Eric Cantona Quotes

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

All the banks in Christendom could not control money.

As much as the banking system may not be terribly popular, it is an essential part of the economy.

There is no entity in the world that controls our lives more than the Federal Reserve System

I am afraid that the ordinary citizen will not like to be told that the banks can and do create and destroy money. And they who control the credit of a nation direct the policy of governments, and hold in the hollow of their hands the destiny of the people.

The banks have accounts with the Fed, much the same way that you have an account in a commercial bank.

On private transactions, I'll just go very quickly now, a major difference between the United States and Euroland is that in Europe banks are much more important in financial transactions than in the United States.

He who controls the money supply of a nation controls the nation.

My real adversary has no name, no face, no party. It will never be elected, yet it governs - the adversary is the world of finance.

The economy may be complex, but Americans understand that the Wall Street banks control an outsized portion of the economy and that they have an outsized interest in their own profits.

Central bankers got it right in the United States in 1987 when they avoided deflationary pressures as well as serious trouble in the banking system.

The powers vested in the Federal Reserve Board seen to me highly dangerous especially where there is political control of the Board.

Whoever owns the means of credit controls the industrial life of the nation.

I believe that banking institutions are more dangerous to our liberties than standing armies.

Most Americans have no real understanding of the operation of the international money lenders. The accounts of the Federal Reserve System have never been audited. It operates outside the control of Congress and manipulates the credit of the United States

I am afraid the ordinary citizen will not like to be told that the banks can and do create money. And they who control the credit of the nation direct the policy of Governments and hold in the hollow of their hand the destiny of the people

I don't think the government needs to be frightened of the banks in the slightest.

By the beginning of the 20th century, the debate about monetary policy and the nation's financial system had been going on for over a century. Increasingly, the shortcomings of the existing system were causing too much harm to ignore.

The States is run by the Federal Reserve, an institution that answers only to itself and to a few large banks. It's modelled on the Bank of England. Ben Franklin said that one of the main reasons America revolted was to get away from the Bank of England, the mother of all central banks - the most pernicious and insidious of all.

Government should eschew suasion and directives to banks on interest rates that run counter to monetary policy actions.

The New York Federal Reserve is a tool of the big banks.

In the United States we have, in effect, two governments ... We have the duly constituted Government ... Then we have an independent, uncontrolled and uncoordinated government in the Federal Reserve System, operating the money powers which are reserved to Congress by the Constitution.

It is no coincidence that the century of total war coincided with the century of central banking.

In a world awash in debt, power shifts to creditors.

To the extent that bank panics interfere with normal flows of credit, they may affect the performance of the real economy.