Economic Quote by E.C. Riegel
“When man has mastered money he shall have mastered not only his economic problem of prosperity but also his political problem, for he will see that money has no place in state functions, and, the money power being entirely in his own hands, he will easily master the state and clearly define its services. Thus money must be seen as the means of mastery of all economic and political problems. Until we have mastered money we shall not master any of our problems. Not money, but a false money system, is the root of all evil.”
About This Quote
Source Treatise: Economic Theory of Monetary Mastery, 1912
Control over money leads to control over both economic and political issues; a true monetary system empowers individuals, while a false system creates evil.
In simple terms: Mastering money solves economic and political problems.
Key Takeaway
Seek true monetary autonomy.
Themes
economics
politics
power
autonomy
Mood
critical
reflective
Type
analytical
philosophical
When to use this quote
- personal finance
- public policy
- social reform
Key Concepts
philosophy
political economy
Questions to Reflect On
- What defines a “false” monetary system?
- How can societies transition to equitable money structures?
A Different Perspective
Achieving true monetary mastery is complex and may conflict with existing institutions.
![“Just between you and me, shouldn’t the World Bank be encouraging MORE migration of the dirty industries to the LDCs [Less Developed Countries]?... I think the economic logic behind dumping a load of toxic waste in the lowest wage country is impeccable and we should face up to that... I’ve always…” quote by Lawrence Summers](https://sms4smile.com/quotes/img-quotes/ac4/lawrence-summers-16940_air_just-between-you-and-me-shouldn-t-the-wo_4703.jpg)
