Bankers Quote by Carroll Quigley
“Instead, there were a variety of controls of which some could be influenced by bankers, some could be influenced by the government, and some could hardly be influenced by either.”
About This Quote
Source Book: The Evolution of Money, 1965
Control mechanisms can be shaped by banks, government, or remain largely independent of both.
In simple terms: Banks, government, or neither control things.
Key Takeaway
Identify which forces shape your environment.
Themes
economics
power
institutional dynamics
Mood
analytical
critical
Type
explanatory
historical
When to use this quote
- policy design
- financial planning
- corporate strategy
- public administration
Key Concepts
political economy
regulation
agency
Questions to Reflect On
- Who influences the controls you face?
- How can you mitigate undue influence?
A Different Perspective
Power can be limited by hidden interests.
![“What I think is bugging this guy [Steven Lerner] is the belief that debt - forced debt upon middle-class people, students (i.e., student loans and so forth) - has made Wall Street bankers and financial people excessively, unfairly, out-of-proportionally rich.” quote by Rush Limbaugh](https://sms4smile.com/quotes/img-quotes/f15/rush-limbaugh-28_bankers_what-i-think-is-bugging-this-guy-steven_28590.jpg)
