--- title: "Meaning & Key Takeaway of: Thanks to the central bank, most…" description: "\"Thanks to the central bank, most ‘monetary experts’ and ‘leading macro-economists’ can, by putting them on the payroll, be turned into government propa..." image: "https://sms4smile.com/quotes/i/62b/hans-hermann-hoppe-16076_alchemist_thanks-to-the-central-bank-most-monetary_1017709.jpg" --- # Thanks to the central bank, most ‘monetary experts’ and… ![“Thanks to the central bank, most ‘monetary experts’ and ‘leading macro-economists’ can, by putting them on the payroll, be turned into government propagandists ‘explaining,’ like alchemists, how stones (paper) can be turned into bread (wealth).” quote by Hans-Hermann Hoppe](https://sms4smile.com/quotes/i/62b/hans-hermann-hoppe-16076_alchemist_thanks-to-the-central-bank-most-monetary_1017709.jpg) [Download](https://sms4smile.com/quotes/i/62b/hans-hermann-hoppe-16076_alchemist_thanks-to-the-central-bank-most-monetary_1017709.jpg) [Open image](https://sms4smile.com/quotes/i/62b/hans-hermann-hoppe-16076_alchemist_thanks-to-the-central-bank-most-monetary_1017709.jpg) > “Thanks to the central bank, most ‘monetary experts’ and ‘leading macro-economists’ can, by putting them on the payroll, be turned into government propagandists ‘explaining,’ like alchemists, how stones (paper) can be turned into bread (wealth).” [Hans-Hermann Hoppe](https://sms4smile.com/quotes/author/hans-hermann-hoppe/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Monetary policy can be co‑opted to serve political agendas, turning expertise into propaganda. **In simple terms:** Experts may become government mouthpieces. Key Takeaway Critically evaluate monetary policy claims. Themes economics politics propaganda trust expertise Mood skeptical analytical Type political critical When to use this quote - policy analysis - academic research - public discourse - media literacy Key Concepts monetary theory political economy media influence Questions to Reflect On - What safeguards prevent expertise from becoming propaganda? - How can citizens discern unbiased economic analysis? A Different Perspective Overreliance on experts can blind public to alternative solutions. ★ ★ ★ ★ ★ No ratings yet [Alchemist](https://sms4smile.com/quotes/about/alchemist/) [Bread](https://sms4smile.com/quotes/about/bread/) [Central bank](https://sms4smile.com/quotes/about/central-bank/) [Central banks](https://sms4smile.com/quotes/about/central-banks/) [Economist](https://sms4smile.com/quotes/about/economist/) [Economists Putting](https://sms4smile.com/quotes/about/economists-putting-2248277/) [Experts](https://sms4smile.com/quotes/about/experts/) [Explaining](https://sms4smile.com/quotes/about/explaining/) [Government](https://sms4smile.com/quotes/about/government/) [Government Propagandists](https://sms4smile.com/quotes/about/government-propagandists-2248275/) [Macro](https://sms4smile.com/quotes/about/macro/) [Macro Economists](https://sms4smile.com/quotes/about/macro-economists-2248278/) [Monetary](https://sms4smile.com/quotes/about/monetary/) [Monetary Experts](https://sms4smile.com/quotes/about/monetary-experts-2248274/) [Paper](https://sms4smile.com/quotes/about/paper/) [Payroll](https://sms4smile.com/quotes/about/payroll/) [Politics](https://sms4smile.com/quotes/about/politics/) [Propagandist](https://sms4smile.com/quotes/about/propagandist/) [Propagandists Explaining](https://sms4smile.com/quotes/about/propagandists-explaining-2248276/) [Stones](https://sms4smile.com/quotes/about/stones/) [Thanks](https://sms4smile.com/quotes/about/thanks/) [Wealth](https://sms4smile.com/quotes/about/wealth/) ## Related quotes > [When most people think of economists, they think of macro-economists. 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The propagandists…](https://sms4smile.com/quotes/phyllis-schlafly/the-people-the-republicans-should-reach-out-to-are-the-white-votes/) [Phyllis Schlafly](https://sms4smile.com/quotes/author/phyllis-schlafly/) > [We must remember that intelligence is not enough. Intelligence plus character--that is the goal of true education. The complete education gives one not only…](https://sms4smile.com/quotes/martin-luther-king-jr/we-must-remember-that-intelligence-is-not-enough-intelligence-plus/) [Martin Luther King, Jr](https://sms4smile.com/quotes/author/martin-luther-king-jr/) ## More by Hans-Hermann Hoppe > [An expropriating property protector (the state, through taxation) is a contradiction in terms](https://sms4smile.com/quotes/hans-hermann-hoppe/an-expropriating-property-protector-the-state-through-taxation-is-a/) [Hans-Hermann Hoppe](https://sms4smile.com/quotes/author/hans-hermann-hoppe/) > [If an agency is the ultimate judge in every case of conflict, then it is also judge in all conflicts involving itself. 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There exists no contract between the state and its citizens.](https://sms4smile.com/quotes/hans-hermann-hoppe/the-state-operates-in-a-legal-vacuum-there-exists-no-contract-between/) [Hans-Hermann Hoppe](https://sms4smile.com/quotes/author/hans-hermann-hoppe/) > [No, the state is anything but the result of a contract! No one with even just an ounce of common sense would agree to…](https://sms4smile.com/quotes/hans-hermann-hoppe/no-the-state-is-anything-but-the-result-of-a-contract-no-one-with/) [Hans-Hermann Hoppe](https://sms4smile.com/quotes/author/hans-hermann-hoppe/) > [“First, with the establishment of a state and territorially defined state borders, “immigration” takes on an entirely new meaning. 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That is, they are permitted to engage in and live off,…](https://sms4smile.com/quotes/hans-hermann-hoppe/public-officials-are-permitted-to-finance-or-subsidize-their-own/) [Hans-Hermann Hoppe](https://sms4smile.com/quotes/author/hans-hermann-hoppe/) [Explore all 41 Hans-Hermann Hoppe quotes ](https://sms4smile.com/quotes/author/hans-hermann-hoppe/) ## More Alchemist quotes > [When we love, it is not necessary to understand what is happening outside, because everything happens inside us instead.](https://sms4smile.com/quotes/paulo-coelho/when-we-love-it-is-not-necessary-to-understand-what-is-happening/) [Paulo Coelho](https://sms4smile.com/quotes/author/paulo-coelho/) > [The secret is here in the present. If you pay attention to the present, you can improve upon it. And, if you improve on…](https://sms4smile.com/quotes/paulo-coelho/the-secret-is-here-in-the-present-if-you-pay-attention-to-the-present/) [Paulo Coelho](https://sms4smile.com/quotes/author/paulo-coelho/) > [Soft fantasy worlds have a much looser cause-and-effect relationship. Alchemists can turn lead into gold and nobody wonders about how it will impact the…](https://sms4smile.com/quotes/patrick-rothfuss/soft-fantasy-worlds-have-a-much-looser-cause-and-effect-relationship/) [Patrick Rothfuss](https://sms4smile.com/quotes/author/patrick-rothfuss/) > [It's not what enters men's mouth that is evil," said the alchemist. It's what comes out of their mouths that is.](https://sms4smile.com/quotes/paulo-coelho/it-s-not-what-enters-men-s-mouth-that-is-evil-said-the-alchemist-it-s/) [Paulo Coelho](https://sms4smile.com/quotes/author/paulo-coelho/) > [Even mistaken hypotheses and theories are of use in leading to discoveries. This remark is true in all the sciences. 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Here you can…](https://sms4smile.com/quotes/henry-david-thoreau/perfect-alchemists-i-keep-who-can-transmute-substances-without-end/) [Henry David Thoreau](https://sms4smile.com/quotes/author/henry-david-thoreau/) > [All that mattered was that he was Adrian, my Adrian. My match. 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