Central Banking System Quotes

The central bank is an institution of the most deadly hostility existing against the Principles and form of our Constitution.

Some people think the Federal Reserve Banks are the United States government's institutions. They are not government institutions. They are private credit monopolies which prey upon the people of the United States for the benefit of themselves and their foreign swindlers.

The truth is the Federal Reserve Board has usurped the Government of the United States. It controls everything here and it controls all our foreign relations. It makes and breaks government at will.

We've delegated politics to bankers. The European Central Bank is inside Deutsche Bank, and Deutsche Bank is inside the Bundesbank.

What is the inducement of these great States to put down the Bank of the United States? Their avarice combined with their love of domination …. The great commercial States are to monopolize the benefits which are to arise from the deposits of your public money.

The financial markets are rigged by the big banks, the Federal Reserve, and the Treasury in the interests of the profits of the few big banks and the dollar's exchange value, which is the basis of U.S. power.

Ron Paul's crazy talk about the Federal Reserve makes more sense these days. Right now, every - all this debt issued by the United States people assume the Chinese are buying, no they don't want any more American debt. Ron Paul has a point there.

… we conclude that the [Federal] Reserve Banks are not federal ...but are independent privately owned and locally controlled corporations...without day to day direction from the federal government

The Federal Reserve Act as it stands seems to me to open the way to a vast inflation of the currency... I do not like to think that any law can be passed that will make it possible to submerge the gold standard in a flood of irredeemable paper currency.

It is the ability of governments to acquire money without direct taxation that makes modern warfare possible, and a central bank has become the preferred method of accomplishing that.

When I did my research on this topic, I came to the startling conclusion that the Federal Reserve System does not need to be audited - it needs to be abolished.

The bold effort the present (central) bank had made to control the government ... are but premonitions of the fate that await the American people should they be deluded into a perpetuation of this institution or the establishment of another like it.

The regional Federal Reserve banks are not government agencies. ...but are independent, privately owned and locally controlled corporations

So: if the chronic inflation undergone by Americans, and in almost every other country, is caused by the continuing creation of new money, and if in each country its governmental "Central Bank" (in the United States, the Federal Reserve) is the sole monopoly source and creator of all money, who then is responsible for the blight of inflation? Who except the very institution that is solely empowered to create money, that is, the Fed (and the Bank of England, and the Bank of Italy, and other central banks) itself?

The reason why gold is so unpopular now and also why it was so popular in a bourgeois era is that it imposes restrictions upon governments or bureaucracies that are much more powerful than is parliamentary criticism.

Believe me. When you're talking about trust in government, you're preaching to the choir, whether it's on the financial side, the central banking side: we see areas where the government does good jobs; we see areas where they don't do as good a job.