Big Quote by Paul Craig Roberts
“The financial markets are rigged by the big banks, the Federal Reserve, and the Treasury in the interests of the profits of the few big banks and the dollar's exchange value, which is the basis of U.S. power.”
About This Quote
Source Essay: Economic Commentary, 2005
The financial system is controlled by major banks and government agencies to benefit a small elite and maintain dollar dominance.
In simple terms: Banks and government control markets for elite profit.
Question power structures in finance.
Themes
Mood
Type
When to use this quote
- investing
- activism
- policy analysis
Key Concepts
Questions to Reflect On
- Who benefits from current financial policies?
- What reforms could democratize markets?
Complex causes also include market forces and global trade.