Borrowed Quote by G. Edward Griffin

Debt is born when you want to spend money before you have earned it.

— Vikrant Parsai

“Money is created from time”

— Sunday Adelaja

The essence of the contemporary monetary system is creation of money, out of nothing, by private banks' often foolish lending.

— Martin Wolf

Money does not pay for anything, never has, never will. It is an economic axiom as old as the hills that goods and services…

— Albert J. Nock

The government, in my judgment, cannot create money; the government can give its note, like an individual, and the prospect of its being paid…

— Robert Green Ingersoll

When a bank makes a loan, it simply adds to the borrower's deposit account by the amount of the loan. It does not take…

— Robert B. Anderson

Money is a tool of exchange, which can't exist unless there are goods produced and men able to produce them. Money is the material…

— Ayn Rand

What money creates, money preserves: if thy wealth decays, thy honor dies; it is but a slippery happiness which fortunes can give, and frowns…

— Francis Quarles

What is money, after all? Almost nothing, when one has a sufficiency of it.

— John Banville

The invention of money opened a new field to human avarice by giving rise to usury and the practice of lending money at interest…

— Pliny the Elder

As Ludwig von Mises conclusively demonstrated in 1912, money does not and cannot originate by order of the State or by some sort of…

— Murray Rothbard

When the banks create the money, they don't create the interest. They send you into the world to compete with everybody else to get…

— Bernard Lietaer