--- title: "Meaning & Key Takeaway of: The problem is that people really just…" description: "\"The problem is that people really just don't care and they have been \"educated\" not to care about the monetary system: that it's boring, it's difficult..." image: "https://sms4smile.com/quotes/i/850/bernard-von-nothaus-33229_believe_the-problem-is-that-people-really-just-d_230451.jpg" --- # The problem is that people really just don't care and they… ![“The problem is that people really just don't care and they have been "educated" not to care about the monetary system: that it's boring, it's difficult to understand, we need to have high minded people like "Greenscum" and Bernanke to do things like this (and don't forget Volcker, there's the…” quote by Bernard von NotHaus](https://sms4smile.com/quotes/i/850/bernard-von-nothaus-33229_believe_the-problem-is-that-people-really-just-d_230451.jpg) [Download](https://sms4smile.com/quotes/i/850/bernard-von-nothaus-33229_believe_the-problem-is-that-people-really-just-d_230451.jpg) [Open image](https://sms4smile.com/quotes/i/850/bernard-von-nothaus-33229_believe_the-problem-is-that-people-really-just-d_230451.jpg) > “The problem is that people really just don't care and they have been "educated" not to care about the monetary system: that it's boring, it's difficult to understand, we need to have high minded people like "Greenscum" and Bernanke to do things like this (and don't forget Volcker, there's the whole cast of them). The thing is that people have been educated or miseducated or brainwashed into believing that this is wayyyy too complicated for regular people to understand and that we need to let PhD economists guide us along in terms of what's right... and that's all bull.” [Bernard von NotHaus](https://sms4smile.com/quotes/author/bernard-von-nothaus/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The quote claims that people are taught to distrust and ignore the monetary system, believing it's too complex and leaving it to elite economists, which the speaker sees as a false narrative. **In simple terms:** People are told the money system is too hard, so they ignore it and trust experts. Key Takeaway Question the narrative and seek basic financial literacy. Themes economics education trust elitism Mood skeptical inquisitive Type critical educational When to use this quote - personal finance - community workshops - policy debates - media consumption Key Concepts financial literacy critical thinking media influence Questions to Reflect On - How can we simplify economic concepts for broader understanding? - What role should experts play in public education? A Different Perspective The claim may overgeneralize public attitudes and ignore genuine complexity in monetary policy. ★ ★ ★ ★ ★ No ratings yet [Care](https://sms4smile.com/quotes/about/care/) [Customer](https://sms4smile.com/quotes/about/customer/) [Difficult To Understand](https://sms4smile.com/quotes/about/difficult-to-understand/) [Economist](https://sms4smile.com/quotes/about/economist/) [Economists](https://sms4smile.com/quotes/about/economists/) [Monetary system](https://sms4smile.com/quotes/about/monetary-system/) [People](https://sms4smile.com/quotes/about/people/) [Problem](https://sms4smile.com/quotes/about/problem/) ## Related quotes > [There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.](https://sms4smile.com/quotes/john-maynard-keynes/there-is-no-subtler-no-surer-means-of-overturning-the-existing-basis/) [John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/) > [The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying…](https://sms4smile.com/quotes/abraham-lincoln/the-government-should-create-issue-and-circulate-all-the-currency-and/) [Abraham Lincoln](https://sms4smile.com/quotes/author/abraham-lincoln/) > [We must not let our rulers load us with perpetual debt.](https://sms4smile.com/quotes/thomas-jefferson/we-must-not-let-our-rulers-load-us-with-perpetual-debt/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [There are two ways to aquire the niceties of life: 1) To produce them or 2) To plunder them. When plunder becomes a way…](https://sms4smile.com/quotes/paul-valery/there-are-two-ways-to-aquire-the-niceties-of-life-1-to-produce-them/) [Paul Valery](https://sms4smile.com/quotes/author/paul-valery/) > [There are many reasons why the general public doesn't really understand our monetary system. In the first place, money is something that people tend…](https://sms4smile.com/quotes/wright-patman/there-are-many-reasons-why-the-general-public-doesn-t-really/) [Wright Patman](https://sms4smile.com/quotes/author/wright-patman/) > [In a monetary system, most of us live near our work with a house, car, and lifestyle we can afford (or, all too often,…](https://sms4smile.com/quotes/jacque-fresco/in-a-monetary-system-most-of-us-live-near-our-work-with-a-house-car/) [Jacque Fresco](https://sms4smile.com/quotes/author/jacque-fresco/) > [Nevertheless, if we contemplate a society with a somewhat stable wage-unit, with national characteristics which determine the propensity to consume and the preference for…](https://sms4smile.com/quotes/john-maynard-keynes/nevertheless-if-we-contemplate-a-society-with-a-somewhat-stable-wage/) [John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/) > [A private enterprise system needs some measuring rod, it needs something, it needs money to make its transactions. You can't run a big complicated…](https://sms4smile.com/quotes/milton-friedman/a-private-enterprise-system-needs-some-measuring-rod-it-needs/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [What economic calculation requires is a monetary system whose functioning is not sabotaged by government interference.](https://sms4smile.com/quotes/ludwig-von-mises/what-economic-calculation-requires-is-a-monetary-system-whose/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in…](https://sms4smile.com/quotes/henry-hazlitt/the-first-requisite-of-a-sound-monetary-system-is-that-it-put-the/) [Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/) > [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/) > [My agency in promoting the passage of the National Banking Act was the greatest mistake of my life. It has built up a monopoly…](https://sms4smile.com/quotes/salmon-p-chase/my-agency-in-promoting-the-passage-of-the-national-banking-act-was/) [Salmon P. Chase](https://sms4smile.com/quotes/author/salmon-p-chase/) > [Take Milton Friedman, he sits at his desk pontificating about such bunk as the monetary system being the answer to our problems. The monetary…](https://sms4smile.com/quotes/louis-o-kelso/take-milton-friedman-he-sits-at-his-desk-pontificating-about-such/) [Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/) > [Few policies are more calculated to destroy the existing basis of a free society than the debauching of its currency. And few tasks, if…](https://sms4smile.com/quotes/hans-f-sennholz/few-policies-are-more-calculated-to-destroy-the-existing-basis-of-a/) [Hans F. Sennholz](https://sms4smile.com/quotes/author/hans-f-sennholz/) > [Some people think the Federal Reserve Banks are United States Government Institutions. They are private credit monopolies which prey upon the people of the…](https://sms4smile.com/quotes/louis-thomas-mcfadden/some-people-think-the-federal-reserve-banks-are-united-states/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) ## More by Bernard von NotHaus > [When I was on tour, people would say "We don't need a value-based currency, we can go out and buy gold and silver with…](https://sms4smile.com/quotes/bernard-von-nothaus/when-i-was-on-tour-people-would-say-we-don-t-need-a-value-based/) [Bernard von NotHaus](https://sms4smile.com/quotes/author/bernard-von-nothaus/) > [When the money goes bad, everything else goes bad.](https://sms4smile.com/quotes/bernard-von-nothaus/when-the-money-goes-bad-everything-else-goes-bad/) [Bernard von NotHaus](https://sms4smile.com/quotes/author/bernard-von-nothaus/) > [The reason we need to have a gold and silver based currency is to bring discipline to the financial system so the government can't…](https://sms4smile.com/quotes/bernard-von-nothaus/the-reason-we-need-to-have-a-gold-and-silver-based-currency-is-to/) [Bernard von NotHaus](https://sms4smile.com/quotes/author/bernard-von-nothaus/) > [When it comes to the Federal Reserve, there's an awful lot of books out there; in my library, I bet I've got 200 books…](https://sms4smile.com/quotes/bernard-von-nothaus/when-it-comes-to-the-federal-reserve-there-s-an-awful-lot-of-books/) [Bernard von NotHaus](https://sms4smile.com/quotes/author/bernard-von-nothaus/) > [Germany doesn't have a Bill of Rights, England doesn't have a Bill of Rights, nobody else has a Bill of Rights. 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Nor would I EVER want to be the government - I don't know how you feel about government, but I'm…](https://sms4smile.com/quotes/bernard-von-nothaus/i-m-not-the-government-nor-would-i-ever-want-to-be-the-government-i/) [Bernard von NotHaus](https://sms4smile.com/quotes/author/bernard-von-nothaus/) > [The physical manifestation of gold is nothing more than the physical manifestation of value itself.](https://sms4smile.com/quotes/bernard-von-nothaus/the-physical-manifestation-of-gold-is-nothing-more-than-the-physical/) [Bernard von NotHaus](https://sms4smile.com/quotes/author/bernard-von-nothaus/) > [I'm very proud to say I only took one course in economics in college, and it was on Saturday morning - Tuesday, Thursday and…](https://sms4smile.com/quotes/bernard-von-nothaus/i-m-very-proud-to-say-i-only-took-one-course-in-economics-in-college/) [Bernard von NotHaus](https://sms4smile.com/quotes/author/bernard-von-nothaus/) > [Every statute for terrorism requires violence.](https://sms4smile.com/quotes/bernard-von-nothaus/every-statute-for-terrorism-requires-violence/) [Bernard von NotHaus](https://sms4smile.com/quotes/author/bernard-von-nothaus/) > [Most people are cowards.](https://sms4smile.com/quotes/bernard-von-nothaus/most-people-are-cowards/) [Bernard von NotHaus](https://sms4smile.com/quotes/author/bernard-von-nothaus/) > [Appeal can't happen until I've been sentenced.](https://sms4smile.com/quotes/bernard-von-nothaus/appeal-can-t-happen-until-i-ve-been-sentenced/) [Bernard von NotHaus](https://sms4smile.com/quotes/author/bernard-von-nothaus/) > [I may make light of being a domestic terrorist, but if they can brand me a domestic terrorist and confiscate all my materials, and…](https://sms4smile.com/quotes/bernard-von-nothaus/i-may-make-light-of-being-a-domestic-terrorist-but-if-they-can-brand/) [Bernard von NotHaus](https://sms4smile.com/quotes/author/bernard-von-nothaus/) [Explore all 15 Bernard von NotHaus quotes ](https://sms4smile.com/quotes/author/bernard-von-nothaus/) ## More Believe quotes > [I actually think acting is a form of self-hypnosis. 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Keep hoping; keep believing because He is working behind the scenes. He's going…](https://sms4smile.com/quotes/joel-osteen/resist-discouragement-by-speaking-his-word-over-your-future-keep/) [Joel Osteen](https://sms4smile.com/quotes/author/joel-osteen/) > [I can't believe that I'm sitting in meetings with Steven Spielberg, Tom Hanks, and Annette Bening. I want to take on that responsibility to…](https://sms4smile.com/quotes/roger-ross-williams/i-can-t-believe-that-i-m-sitting-in-meetings-with-steven-spielberg/) [Roger Ross Williams](https://sms4smile.com/quotes/author/roger-ross-williams/) > [There is no such word as item girl in the dictionary. People have created this word and I don't believe that I am an…](https://sms4smile.com/quotes/shefali-zariwala/there-is-no-such-word-as-item-girl-in-the-dictionary-people-have/) [Shefali Zariwala](https://sms4smile.com/quotes/author/shefali-zariwala/) > [I understand that it's the music that keeps me alive... That's my lifeblood. And to give that up for, like, the TV, the cars,…](https://sms4smile.com/quotes/bruce-springsteen/i-understand-that-it-s-the-music-that-keeps-me-alive-that-s-my/) [Bruce Springsteen](https://sms4smile.com/quotes/author/bruce-springsteen/) > [I don't really like too much credit. I know nobody's going to believe this, but I'd rather be able to score goals and nobody…](https://sms4smile.com/quotes/bradley-wright-phillips/i-don-t-really-like-too-much-credit-i-know-nobody-s-going-to-believe/) [Bradley Wright-Phillips](https://sms4smile.com/quotes/author/bradley-wright-phillips/) > [“What I have a problem with is not so much religion or god, but faith. When you say you believe something in your heart…](https://sms4smile.com/quotes/penn-jillette/what-i-have-a-problem-with-is-not-so-much-religion-or-god-but-faith/) [Penn Jillette](https://sms4smile.com/quotes/author/penn-jillette/) > [Bush reiterated his stand to conservatives opposing his decision on stem cell research. 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Garfield](https://sms4smile.com/quotes/author/james-a-garfield/) > [We instantly believe everything we think. Isn't that insane? It's good for us to explore the depravity of our minds, so we know we…](https://sms4smile.com/quotes/krishna-das/we-instantly-believe-everything-we-think-isn-t-that-insane-it-s-good/) [Krishna Das](https://sms4smile.com/quotes/author/krishna-das/) Browse all 47,704 Believe quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "The problem is that people really just don't care and they have been \"educated\" not to care about the monetary system: that it's boring, it's difficult to understand, we need to have high minded people like \"Greenscum\" and Bernanke to do things like this (and don't forget Volcker, there's the whole cast of them). 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