Act Quote by Jonathan Raymond

People tend to think that paying a debt is like going out and buying a car, buying more food or buying more clothes. But…

— Michael Hudson

Banks lend out money they don't have and then you pay them more back..Interesting there is not more people that thinks this is bull!

— Ratedmusic

Banks get in trouble for one reason: They make bad loans.

— Carl Webb

The bank's product is debt, because the banks want to make sure that they can get paid for the debt. But ultimately the only…

— Michael Hudson

Our whole system of banks is a violation of every honest principle of banks. There is no honest bank but a bank of deposit.…

— John Adams

Banks lend by creating credit. They create the means of payment out of nothing.

— Ralph George Hawtrey

The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented. Banking…

— Anonymous

[Banks] have a clear obligation to help get this country off its addiction to debt because they sure as hell helped to get this…

— George Osborne

“The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight of hand that was ever…

— Anonymous

Paying debt service to banks leaves less income to buy goods and services.

— Michael Hudson

Can you know you can have institutions that put curbs on that in various ways, and actually what the banks, you know, they have…

— Warren Buffett

Debt is like any other trap, easy enough to get into, but hard enough to get out of.

— Josh Billings