Debt Quote by John Kenneth Galbraith

In the North, neither greenbacks, taxes, nor war bonds were enough to finance the war. So a national banking system was created to convert…

— G. Edward Griffin

Meanwhile, the U.S. debt remains, as it has been since 1790, a war debt; the United States continues to spend more on its military…

— David Graeber

War has generally had grave and fateful consequences for the American monetary and financial system. We have seen that the Revolutionary War occasioned a…

— Murray Rothbard

Ill use the money were no longer spending on war to pay down our debt and put more people back to work.

— Barack Obama

We borrowed money to fight the Revolutionary War, and so there was a debt owed. We paid it. If we have done that for…

— Danny K. Davis

In the North, the sale of government bonds was the one measure for raising funds that seemed to work. Even that, however, with the…

— G. Edward Griffin

During the fiscal year ending in 1861, expenses of the federal government had been $67 million. After the first year of armed conflict they…

— G. Edward Griffin

Wars are made to make debt.

— Ezra Pound

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

Every GOP administration since 1952 has let the Military-Industrial Complex loot the Treasury and plunge the nation into debt on the excuse of a…

— Hunter S. Thompson

The federal government now spends one of every four dollars in the entire economy. It borrows one of every three dollars it spends. No…

— Mitch Daniels

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