Of all the contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money. The actual process of money creation takes place in commercial banks. Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction, and does it in a manner which not one man in a million can diagnose.
Money is the most important subject intellectual persons can investigate and reflect upon.
Bankers own the earth. Madison, agreeing with the journal of the convention, records that the grant of power to emit bills of credit was refused by a majority of more than four to one. You are a den of vipers and thieves. I intend to rout you out, and by the eternal God, I will rout you out. The Federal Reserve Act lets us print all we'll need.