--- title: "Meaning & Key Takeaway of: The modern banking system manufactures…" description: "\"“The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invente..." image: "https://sms4smile.com/quotes/i/480/sir-josiah-stamp-154238_bank-of-england_the-modern-banking-system-manufactures-m_2208883.jpg" --- # The modern banking system manufactures money out of… ![“The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them, but leave them the power to create money, and…” quote by Anonymous](https://sms4smile.com/quotes/i/480/sir-josiah-stamp-154238_bank-of-england_the-modern-banking-system-manufactures-m_2208883.jpg) [Download](https://sms4smile.com/quotes/i/480/sir-josiah-stamp-154238_bank-of-england_the-modern-banking-system-manufactures-m_2208883.jpg) [Open image](https://sms4smile.com/quotes/i/480/sir-josiah-stamp-154238_bank-of-england_the-modern-banking-system-manufactures-m_2208883.jpg) > ““The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever invented. Banking was conceived in iniquity and born in sin. Bankers own the Earth. Take it away from them, but leave them the power to create money, and with the flick of the pen they will create enough money to buy it back again. Take this great power away from them and all great fortunes like mine will disappear, and they ought to disappear, for then this would be a better and happier world to live in. But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue to create money and control credit.”” [Anonymous](https://sms4smile.com/quotes/author/anonymous/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Money creation by banks is a powerful, often unseen mechanism that can both empower and enslave societies. **In simple terms:** Banks create money from nothing, influencing power and freedom. Key Takeaway Question and understand monetary systems. Themes economics power freedom Mood critical concerned Type analytical philosophical When to use this quote - personal finance - policy advocacy - economic education Key Concepts monetary theory financial sovereignty Questions to Reflect On - What are the risks of concentrating money‑creation power? - How can individuals reduce dependence on banks? ★ ★ ★ ★ ★ No ratings yet [Bankers](https://sms4smile.com/quotes/about/bankers/) [Banking system](https://sms4smile.com/quotes/about/banking-system/) [Banks](https://sms4smile.com/quotes/about/banks/) [Central banks](https://sms4smile.com/quotes/about/central-banks/) [Credit](https://sms4smile.com/quotes/about/credit/) [Currency](https://sms4smile.com/quotes/about/currency/) [Money](https://sms4smile.com/quotes/about/money/) [Power](https://sms4smile.com/quotes/about/power/) [Sleight of hand](https://sms4smile.com/quotes/about/sleight-of-hand/) ## Related quotes > [The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented. Banking…](https://sms4smile.com/quotes/anonymous/the-modern-banking-system-manufactures-money-out-of-nothing-the-2/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Banking was conceived in iniquity and born in sin... Bankers own the Earth. Take it away from them but leave them the power to…](https://sms4smile.com/quotes/josiah-stamp/banking-was-conceived-in-iniquity-and-born-in-sin-bankers-own-the/) [Josiah Stamp](https://sms4smile.com/quotes/author/josiah-stamp/) > [The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented.](https://sms4smile.com/quotes/josiah-stamp/the-modern-banking-system-manufactures-money-out-of-nothing-the/) [Josiah Stamp](https://sms4smile.com/quotes/author/josiah-stamp/) > [But if you want to continue to be slaves of the banks and pay the cost of your own slavery, then let bankers continue…](https://sms4smile.com/quotes/josiah-stamp/but-if-you-want-to-continue-to-be-slaves-of-the-banks-and-pay-the/) [Josiah Stamp](https://sms4smile.com/quotes/author/josiah-stamp/) > [“Some of the owner men were kind because they hated what they had to do, and some of them were angry because they hated…](https://sms4smile.com/quotes/john-steinbeck/some-of-the-owner-men-were-kind-because-they-hated-what-they-had-to/) [John Steinbeck](https://sms4smile.com/quotes/author/john-steinbeck/) > [The modern banking system manufactures money out of nothing.](https://sms4smile.com/quotes/josiah-stamp/the-modern-banking-system-manufactures-money-out-of-nothing/) [Josiah Stamp](https://sms4smile.com/quotes/author/josiah-stamp/) > [Banking was conceived in iniquity and born in sin.](https://sms4smile.com/quotes/josiah-stamp/banking-was-conceived-in-iniquity-and-born-in-sin/) [Josiah Stamp](https://sms4smile.com/quotes/author/josiah-stamp/) > [“The name outlaw Christian describes the kind of Christian I am and the kind I’m setting myself free to become: namely, a follower of…](https://sms4smile.com/quotes/anonymous/the-name-outlaw-christian-describes-the-kind-of-christian-i-am-and/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“What sleight of hand do you hold, vixen?" He clearly enjoyed bantering with her. Tick-tock, tick-tock.”](https://sms4smile.com/quotes/anonymous/what-sleight-of-hand-do-you-hold-vixen-he-clearly-enjoyed-bantering/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“There's a trick they do with one pea and three cups which is very hard to follow, and something like it, for greater stakes…](https://sms4smile.com/quotes/anonymous/there-s-a-trick-they-do-with-one-pea-and-three-cups-which-is-very/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Never reveal. The effect is entertaining, the sleight of hand is insulting.](https://sms4smile.com/quotes/anonymous/never-reveal-the-effect-is-entertaining-the-sleight-of-hand-is/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“Kaylee, For over a hundred years, magicians have been pulling objects out of hats. Rabbits, flowers... It's become such a famous trick that rabbits…](https://sms4smile.com/quotes/cassie-mae/kaylee-for-over-a-hundred-years-magicians-have-been-pulling-objects/) [Cassie Mae](https://sms4smile.com/quotes/author/cassie-mae/) > [Happiness, you see, its just an illusion of Fate, a heavenly sleight of hand designed to make you believe in fairy tales. But there's…](https://sms4smile.com/quotes/ellen-hopkins/happiness-you-see-its-just-an-illusion-of-fate-a-heavenly-sleight-of/) [Ellen Hopkins](https://sms4smile.com/quotes/author/ellen-hopkins/) > [“Mass was like grand opera, a magic show with the most expensive props in town. And faith, a sleight of hand trick, in which…](https://sms4smile.com/quotes/kathleen-tessaro/mass-was-like-grand-opera-a-magic-show-with-the-most-expensive-props/) [Kathleen Tessaro](https://sms4smile.com/quotes/author/kathleen-tessaro/) > [“All other swindlers upon earth are nothing to the self-swindlers, and with such pretences did I cheat myself. Surely a curious thing. That I…](https://sms4smile.com/quotes/charles-dickens/all-other-swindlers-upon-earth-are-nothing-to-the-self-swindlers-and/) [Charles Dickens](https://sms4smile.com/quotes/author/charles-dickens/) ## More by Anonymous > [And a tear rolled down her cheek, as she said goodbye; because she's walking away, and she's never looking back](https://sms4smile.com/quotes/anonymous/and-a-tear-rolled-down-her-cheek-as-she-said-goodbye-because-she-s/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Life is full of change. That's how we learn and grow.](https://sms4smile.com/quotes/anonymous/life-is-full-of-change-that-s-how-we-learn-and-grow/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [You'll seldom experience regret for anything that you've done. It is what you haven't done that will torment you. The message, therefore, is clear.…](https://sms4smile.com/quotes/anonymous/you-ll-seldom-experience-regret-for-anything-that-you-ve-done-it-is/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Scrabble - The game is available in Braille. That’s a nice fact. This makes me feel better about humanity for some reason. I can’t…](https://sms4smile.com/quotes/anonymous/scrabble-the-game-is-available-in-braille-that-s-a-nice-fact-this/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Everyone needs someone to love, and I choose you.](https://sms4smile.com/quotes/anonymous/everyone-needs-someone-to-love-and-i-choose-you/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“THIS tale of my sore-troubled life I write,    To thank the God of nature, who conveyed    My soul to me, and with such care…](https://sms4smile.com/quotes/anonymous/this-tale-of-my-sore-troubled-life-i-write-to-thank-the-god-of-nature/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Put on my J's and dance the whole night away Im naughty by nature like Im hip-hop hooray With my hands in the sky,…](https://sms4smile.com/quotes/anonymous/put-on-my-j-s-and-dance-the-whole-night-away-im-naughty-by-nature/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Me.. I have been through a lot, but I still manage to have a smile on my face. Im not worried about the past…](https://sms4smile.com/quotes/anonymous/me-i-have-been-through-a-lot-but-i-still-manage-to-have-a-smile-on-my/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Distance is a test of love. many will fail for those who can't withstand it, but for those who can, theres only one answer…](https://sms4smile.com/quotes/anonymous/distance-is-a-test-of-love-many-will-fail-for-those-who-can-t/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Im sorry I ever tried...](https://sms4smile.com/quotes/anonymous/im-sorry-i-ever-tried/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Being betrayed by the one you love is the worst feeling in the world...](https://sms4smile.com/quotes/anonymous/being-betrayed-by-the-one-you-love-is-the-worst-feeling-in-the-world/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Let children support their parents or be imprisoned.](https://sms4smile.com/quotes/anonymous/let-children-support-their-parents-or-be-imprisoned/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [The only person I've ever purposely caused pain here is myself...By simply sharing, caring too much.](https://sms4smile.com/quotes/anonymous/the-only-person-i-ve-ever-purposely-caused-pain-here-is-myself-by/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“Start a business, not a startup”](https://sms4smile.com/quotes/anonymous/start-a-business-not-a-startup/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [The truth is, of course, that the curtness of the Ten Commandments is an evidence, not of the gloom and narrowness of a religion,…](https://sms4smile.com/quotes/anonymous/the-truth-is-of-course-that-the-curtness-of-the-ten-commandments-is/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) [Explore all 162,899 Anonymous quotes ](https://sms4smile.com/quotes/author/anonymous/) ## More Bankers quotes > ['Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider…](https://sms4smile.com/quotes/paul-singer/inequality-has-become-the-political-theme-slogan-of-our-time-in-both/) [Paul Singer](https://sms4smile.com/quotes/author/paul-singer/) > [The socially redeeming aspect of golf lies in the vast number of lawyers and bankers and managers who play it, and when you think…](https://sms4smile.com/quotes/garrison-keillor/the-socially-redeeming-aspect-of-golf-lies-in-the-vast-number-of/) [Garrison Keillor](https://sms4smile.com/quotes/author/garrison-keillor/) > [What Wall Street and credit card companies are doing is really not much different from what gangsters and loan sharks do who make predatory…](https://sms4smile.com/quotes/bernie-sanders/what-wall-street-and-credit-card-companies-are-doing-is-really-not/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [When a government is dependent upon bankers for money, they and not the leaders of the government control the situation](https://sms4smile.com/quotes/napoleon-bonaparte/when-a-government-is-dependent-upon-bankers-for-money-they-and-not/) [Napoleon Bonaparte](https://sms4smile.com/quotes/author/napoleon-bonaparte/) > [3 people get stranded on a remote Island A Banker, a Daily Mail reader & an Asylum seeker All they have to eat is…](https://sms4smile.com/quotes/christopher-brookmyre/3-people-get-stranded-on-a-remote-island-a-banker-a-daily-mail-reader/) [Christopher Brookmyre](https://sms4smile.com/quotes/author/christopher-brookmyre/) > [“After analyzing our current crisis and studying well-established historical precedents, I must conclude that the global bankers have only three possible cards left to…](https://sms4smile.com/quotes/ziad-k-abdelnour/after-analyzing-our-current-crisis-and-studying-well-established/) [Ziad K. 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