Can not Quote by E.C. Riegel

“Money power cannot be separated from democratic power without miscarriage and ensuing frustration - political and economic. Democracy implies the sovereignty of man; and, since man cannot be sovereign without the money power, there can not be democracy under the political money system.”

E.C. Riegel

★ ★ ★ ★ ★ 2.1 out of 5 (9 ratings)

Can not Democracy Democratic Economic Frustration Liberty Making money Men Miscarriage Money Money power Political Power Sovereign Sovereignty

More by E.C. Riegel

To rail and rant against tyranny is to manifest inferiority, for there is no tyranny but ignorance; to be conscious of one's powers is…

E.C. Riegel

Image

Until we realize that our money power is our sovereign power we cannot act as sovereigns

E.C. Riegel

Image

As long as we cling to the superstition that we must look to government for money supply, instead of requiring it to look to…

E.C. Riegel

Image

Money power means budget power and it is folly to imagine that the citizen can control government unless he can control its budget.

E.C. Riegel

Image

Money can be issued only in the act of buying, and can be backed only in the act of selling. Any buyer who is…

E.C. Riegel

Image

Money is an instrumentality of the profit motive and must be issued and backed only by private enterprisers. Economic and political perversities are inescapable…

E.C. Riegel

Image

The greatest enemy of mankind is his ignorance of the inherent money power in all of us. When the realization of this comes to…

E.C. Riegel

Image

As has been stated, the purpose of money is to split barter into two parts so that the seller is free to find his…

E.C. Riegel

Image

When man has mastered money he shall have mastered not only his economic problem of prosperity but also his political problem, for he will…

E.C. Riegel

Image

When government is invested with money power it rises above the citizen and under the profession of protecting him may actually constitute the greatest…

E.C. Riegel