Authority Quote by Anonymous
“The financial system has been turned over to the Federal Reserve Board. That Board administers the finance system by authority of a purely profiteering group. The system is Private, conducted for the sole purpose of obtaining the greatest possible profits from the use of other people's money.”
About This Quote
The Federal Reserve is portrayed as a private, profit‑driven entity controlling the financial system for its own gain, implying systemic exploitation.
In simple terms: Reserve seen as profit‑focused.
Demand transparency and accountability.
Themes
Mood
Type
When to use this quote
- investment decisions
- policy debates
- public advocacy
Key Concepts
Questions to Reflect On
- How can citizens influence monetary policy?
- What checks exist on central banks?
Complex financial systems have multiple stakeholders, not solely profit‑driven.