Commercial banks - that is, fractional reserve banks - create money out of thin air. Essentially, they do it in the same… — Murray Rothbard Copy Share Image
“Banks do not create money for the public good. They are businesses owned by private shareholders. Their purpose is to make a… — John Rogers Copy Share Image
The process by which banks create money is so simple that the mind is repelled. — John Kenneth Galbraith Copy Share Image
I am afraid the ordinary citizen will not like to be told that the banks can, and do, create money...And they who… — Reginald McKenna Copy Share Image
When the banks create the money, they don't create the interest. They send you into the world to compete with everybody else… — Bernard Lietaer Copy Share Image
I am afraid that the ordinary citizen will not like to be told that the banks can and do create and destroy… — Richard McKenna Copy Share Image
Instability mostly comes from the interface between the fact that the banks (or shadow banks) can create credit, money, and purchasing power… — Adair Turner, Baron Turner of Ecchinswell Copy Share Image
If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of… — Robert W. Hemphill Copy Share Image
True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the… — Ludwig von Mises Copy Share Image
“If all bank loans were paid, no one would have a bank deposit, and there would not be a dollar of currency… — Robert H. Hemphill Copy Share Image
