Thus, the use of fiat money is more justifiable in financing a depression than in financing a war.
More Quotes from Carroll Quigley:
It never occurred to anyone in a responsible position that Germany and Russia might make common cause, even temporarily, against the West.Carroll Quigley
In addition to their power over government based on government financing and personal influence, bankers could steer governments in ways they wished them to go by other pressures.
Carroll Quigley
To this day the Arab influence is evident in southern Italy, northern Africa and, above all, in Spain.
Carroll Quigley
When the business interests... pushed through the first installment of civil service reform in 1883, they expected that they would be able to control both political parties equally.
Carroll Quigley
Bolshevism presented itself as an economic threat to themselves at the same time that Nazism presented itself as a political threat to their countries.
Carroll Quigley
On this basis, which was originally financial and goes back to George Peabody, there grew up in the twentieth century a power structure between London and New York which penetrated deeply into university life, the press, and the practice of foreign policy.
Carroll Quigley
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Based on Topics: Money & Wealth Quotes, War & Peace QuotesBased on Keywords: fiat, financing, justifiable
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