Federal reserve Quote by G. Edward Griffin

The first task of the Federal Reserve system would be to finance the World War. The European nations were already bankrupt, because they had…

— Eustace Mullins

Don't forget what I discovered that over ninety percent of all national deficits from 1921 to 1939 were caused by payments for past, present,…

— Franklin D. Roosevelt

We've suffered a war, and one thing we know: Whenever our nation's faced war, whether it was in the 1980s when we were winning…

— Ken Mehlman

Thus, the use of fiat money is more justifiable in financing a depression than in financing a war.

— Carroll Quigley

U.S. Treasury was able to save the country during the Civil War by expanding the deficit... They saved the economic well-being of the country…

— Scott Bessent

I knew that America would never invest the necessary funds of energies in rehabilitation of its poor as long as adventures like Vietnam continued…

— Martin Luther King, Jr

“Had the Federal Reserve System never been established, and had a similar series of runs started, there is little doubt that the same measures…

— Milton Friedman

In numerous years following the war, the Federal Government ran a heavy surplus. It could not (however) pay off its debt, retire its securities,…

— John Kenneth Galbraith

In short, the elimination of the financial legacy of Reaganomics could force the United States to make some exceptionally difficult choices indeed.

— Robert Gilpin

If Congress wanted to intervene with the Federal Reserve, well, we created the Federal Reserve. We could uncreate it. But would you want Congress…

— Jim Cooper

I have to admit it that the large quantity of US money poured into Vietnam provoked ii...a lot of bad habits.

— Bui Diem

World War II broke out in 1939, and many people credit that war with saving the economy.

— Robert Kiyosaki