--- title: "Meaning & Key Takeaway of: We are talking about an awesome power. It…" description: "\"We are talking about an awesome power. It is the power to weave illusions that appear real as long as they last. That is the very core of the Fed's pow..." image: "https://sms4smile.com/quotes/i/e80/ron-paul-686_complexity_we-are-talking-about-an-awesome-power-it_1196013.png" --- # We are talking about an awesome power. It is the power to… ![“We are talking about an awesome power. It is the power to weave illusions that appear real as long as they last. That is the very core of the Fed's power. Of course not everyone is instinctively against this illusion-weaving power, and many even welcome it. Tragically, the innocent who understand…” quote by Ron Paul](https://sms4smile.com/quotes/i/e80/ron-paul-686_complexity_we-are-talking-about-an-awesome-power-it_1196013.png) [Download](https://sms4smile.com/quotes/i/e80/ron-paul-686_complexity_we-are-talking-about-an-awesome-power-it_1196013.png) [Open image](https://sms4smile.com/quotes/i/e80/ron-paul-686_complexity_we-are-talking-about-an-awesome-power-it_1196013.png) > “We are talking about an awesome power. It is the power to weave illusions that appear real as long as they last. That is the very core of the Fed's power. Of course not everyone is instinctively against this illusion-weaving power, and many even welcome it. Tragically, the innocent who understand little about the complexity of the monetary system suffer the most, while those who are in the know reap great profit whether the market is going up or down.” [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Power lies in creating convincing but temporary economic narratives that shape perception and profit. **In simple terms:** Illusions shape markets and profit. Key Takeaway Question the narratives you accept. Themes economics power illusion policy Mood cautious analytical Type political philosophical When to use this quote - investment decisions - policy analysis - public discourse Key Concepts monetary theory behavioral finance information asymmetry Questions to Reflect On - What economic "illusions" influence your choices? - How can transparency reduce manipulation? A Different Perspective Illusions can be hard to dismantle. ★ ★ ★ ★ ★ No ratings yet [Complexity](https://sms4smile.com/quotes/about/complexity/) [Complexity Monetary](https://sms4smile.com/quotes/about/complexity-monetary-3567342/) [Core](https://sms4smile.com/quotes/about/core/) [Courses](https://sms4smile.com/quotes/about/courses/) [Customer](https://sms4smile.com/quotes/about/customer/) [Economics](https://sms4smile.com/quotes/about/economics/) [Economy](https://sms4smile.com/quotes/about/economy/) [Fed Power](https://sms4smile.com/quotes/about/fed-power-3567343/) [Feds](https://sms4smile.com/quotes/about/feds/) [Illusion](https://sms4smile.com/quotes/about/illusion/) [Innocent](https://sms4smile.com/quotes/about/innocent/) [Knows](https://sms4smile.com/quotes/about/knows/) [Lasts](https://sms4smile.com/quotes/about/lasts/) [Littles](https://sms4smile.com/quotes/about/littles/) [Long](https://sms4smile.com/quotes/about/long/) [Monetary](https://sms4smile.com/quotes/about/monetary/) [Monetary Suffer](https://sms4smile.com/quotes/about/monetary-suffer-3567344/) [Monetary system](https://sms4smile.com/quotes/about/monetary-system/) [Money](https://sms4smile.com/quotes/about/money/) [Power](https://sms4smile.com/quotes/about/power/) [Profit](https://sms4smile.com/quotes/about/profit/) [Real](https://sms4smile.com/quotes/about/real/) [Reap](https://sms4smile.com/quotes/about/reap/) [Suffering](https://sms4smile.com/quotes/about/suffering/) [Talking](https://sms4smile.com/quotes/about/talking/) [Weave Illusions](https://sms4smile.com/quotes/about/weave-illusions-3567345/) [Weaving](https://sms4smile.com/quotes/about/weaving/) [Welcome](https://sms4smile.com/quotes/about/welcome/) ## Related quotes > [The Fed has one power that is unique to it alone: it enables the creation of money out of thin air. Sometimes it makes…](https://sms4smile.com/quotes/ron-paul/the-fed-has-one-power-that-is-unique-to-it-alone-it-enables-the/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [What's happening is, there's transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary…](https://sms4smile.com/quotes/ron-paul/what-s-happening-is-there-s-transfer-of-wealth-from-the-poor-and-the/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [There are two ways to aquire the niceties of life: 1) To produce them or 2) To plunder them. When plunder becomes a way…](https://sms4smile.com/quotes/paul-valery/there-are-two-ways-to-aquire-the-niceties-of-life-1-to-produce-them/) [Paul Valery](https://sms4smile.com/quotes/author/paul-valery/) > [There are many reasons why the general public doesn't really understand our monetary system. In the first place, money is something that people tend…](https://sms4smile.com/quotes/wright-patman/there-are-many-reasons-why-the-general-public-doesn-t-really/) [Wright Patman](https://sms4smile.com/quotes/author/wright-patman/) > [In a monetary system, most of us live near our work with a house, car, and lifestyle we can afford (or, all too often,…](https://sms4smile.com/quotes/jacque-fresco/in-a-monetary-system-most-of-us-live-near-our-work-with-a-house-car/) [Jacque Fresco](https://sms4smile.com/quotes/author/jacque-fresco/) > [Nevertheless, if we contemplate a society with a somewhat stable wage-unit, with national characteristics which determine the propensity to consume and the preference for…](https://sms4smile.com/quotes/john-maynard-keynes/nevertheless-if-we-contemplate-a-society-with-a-somewhat-stable-wage/) [John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/) > [A private enterprise system needs some measuring rod, it needs something, it needs money to make its transactions. You can't run a big complicated…](https://sms4smile.com/quotes/milton-friedman/a-private-enterprise-system-needs-some-measuring-rod-it-needs/) [Milton Friedman](https://sms4smile.com/quotes/author/milton-friedman/) > [What economic calculation requires is a monetary system whose functioning is not sabotaged by government interference.](https://sms4smile.com/quotes/ludwig-von-mises/what-economic-calculation-requires-is-a-monetary-system-whose/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in…](https://sms4smile.com/quotes/henry-hazlitt/the-first-requisite-of-a-sound-monetary-system-is-that-it-put-the/) [Henry Hazlitt](https://sms4smile.com/quotes/author/henry-hazlitt/) > [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.](https://sms4smile.com/quotes/josiah-stamp/the-modern-banking-system-manufactures-money-out-of-nothing-the/) [Josiah Stamp](https://sms4smile.com/quotes/author/josiah-stamp/) > [The problem is that people really just don't care and they have been "educated" not to care about the monetary system: that it's boring,…](https://sms4smile.com/quotes/bernard-von-nothaus/the-problem-is-that-people-really-just-don-t-care-and-they-have-been/) [Bernard von NotHaus](https://sms4smile.com/quotes/author/bernard-von-nothaus/) > [My agency in promoting the passage of the National Banking Act was the greatest mistake of my life. It has built up a monopoly…](https://sms4smile.com/quotes/salmon-p-chase/my-agency-in-promoting-the-passage-of-the-national-banking-act-was/) [Salmon P. Chase](https://sms4smile.com/quotes/author/salmon-p-chase/) > [Take Milton Friedman, he sits at his desk pontificating about such bunk as the monetary system being the answer to our problems. The monetary…](https://sms4smile.com/quotes/louis-o-kelso/take-milton-friedman-he-sits-at-his-desk-pontificating-about-such/) [Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/) > [Few policies are more calculated to destroy the existing basis of a free society than the debauching of its currency. And few tasks, if…](https://sms4smile.com/quotes/hans-f-sennholz/few-policies-are-more-calculated-to-destroy-the-existing-basis-of-a/) [Hans F. Sennholz](https://sms4smile.com/quotes/author/hans-f-sennholz/) > [There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.](https://sms4smile.com/quotes/john-maynard-keynes/there-is-no-subtler-no-surer-means-of-overturning-the-existing-basis/) [John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/) ## More by Ron Paul > [Washington bureaucrats have classified the very air we exhale as a pollutant and have gone unchallenged in this incredible assertion. The logical consequence is…](https://sms4smile.com/quotes/ron-paul/washington-bureaucrats-have-classified-the-very-air-we-exhale-as-a/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [I'm an imperfect messenger, but the message is perfect.](https://sms4smile.com/quotes/ron-paul/i-m-an-imperfect-messenger-but-the-message-is-perfect/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [History has shown that the masses have been quite receptive to the promises of authoritarians which are rarely if ever fulfilled,](https://sms4smile.com/quotes/ron-paul/history-has-shown-that-the-masses-have-been-quite-receptive-to-the/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [The reality is that our military presence on foreign soil is as offensive to the people that live there as armed Chinese troops would…](https://sms4smile.com/quotes/ron-paul/the-reality-is-that-our-military-presence-on-foreign-soil-is-as/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [Right now, nobody legalized paper money. Where did that come from.](https://sms4smile.com/quotes/ron-paul/right-now-nobody-legalized-paper-money-where-did-that-come-from/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [Real patriotism is a willingness to challenge the government when it's wrong.](https://sms4smile.com/quotes/ron-paul/real-patriotism-is-a-willingness-to-challenge-the-government-when-it/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [Expect the rapidly expanding homeschooling movement to play a significant role in the revolutionary reforms needed to build a free society with Constitutional protections.](https://sms4smile.com/quotes/ron-paul/expect-the-rapidly-expanding-homeschooling-movement-to-play-a/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [“Intellectually and compassionately explaining the reason freedom works is required for credibility.”](https://sms4smile.com/quotes/ron-paul/intellectually-and-compassionately-explaining-the-reason-freedom/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [Governments have nothing. They can't create anything, they never have. All they can do is steal from one group and give it to another…](https://sms4smile.com/quotes/ron-paul/governments-have-nothing-they-can-t-create-anything-they-never-have/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [Why is it is claimed that if people won't or can't take care of their own needs, that people in government can do it…](https://sms4smile.com/quotes/ron-paul/why-is-it-is-claimed-that-if-people-won-t-or-can-t-take-care-of-their/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [It is dissent from government policies which defines the true Patriot](https://sms4smile.com/quotes/ron-paul/it-is-dissent-from-government-policies-which-defines-the-true-patriot/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [The moral and constitutional obligations of our representatives in Washington are to protect our liberty, not coddle the world, precipitating no-win wars, while bringing…](https://sms4smile.com/quotes/ron-paul/the-moral-and-constitutional-obligations-of-our-representatives-in/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [I will veto any spending bill that contains funding for Planned Parenthood, facilities that perform abortion and all government family planning schemes.](https://sms4smile.com/quotes/ron-paul/i-will-veto-any-spending-bill-that-contains-funding-for-planned/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [Prices are going up. Unemployment is continue to go up. And we have not had the necessary correction for the financial bubble created by…](https://sms4smile.com/quotes/ron-paul/prices-are-going-up-unemployment-is-continue-to-go-up-and-we-have-not/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [Scientifically, there's no debate over whether the fetus is alive and human.](https://sms4smile.com/quotes/ron-paul/scientifically-there-s-no-debate-over-whether-the-fetus-is-alive-and/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) [Explore all 411 Ron Paul quotes ](https://sms4smile.com/quotes/author/ron-paul/) ## More Complexity quotes > [Programmers are always surrounded by complexity; we cannot avoid it… If our basic tool, the language in which we design and code our programs,…](https://sms4smile.com/quotes/tony-hoare/programmers-are-always-surrounded-by-complexity-we-cannot-avoid-it-if/) [Tony Hoare](https://sms4smile.com/quotes/author/tony-hoare/) > [From the 1990s onward, the financial sector created a vast array of instruments designed to separate investors from their money, financial derivatives of an…](https://sms4smile.com/quotes/john-l-casti/from-the-1990s-onward-the-financial-sector-created-a-vast-array-of/) [John L. Casti](https://sms4smile.com/quotes/author/john-l-casti/) > [Being actors we are dealing with the beauty and complexity of human confusion, no? And we are always trying to get answers.](https://sms4smile.com/quotes/penelope-cruz/being-actors-we-are-dealing-with-the-beauty-and-complexity-of-human/) [Penelope Cruz](https://sms4smile.com/quotes/author/penelope-cruz/) > [ \[In science any model depends on a pre-chosen taxonomy\] a set of classifications into which we divide the enormous complexity of the real world...… ](https://sms4smile.com/quotes/kenneth-e-boulding/in-science-any-model-depends-on-a-pre-chosen-taxonomy-a-set-of/) [Kenneth E. Boulding](https://sms4smile.com/quotes/author/kenneth-e-boulding/) > [The complexity increases exponentially when you try and combine two companies that both need to be restructured in their own right.](https://sms4smile.com/quotes/ted-waitt/the-complexity-increases-exponentially-when-you-try-and-combine-two/) [Ted Waitt](https://sms4smile.com/quotes/author/ted-waitt/) > [We're in this strange age where we can't say 'I love you,' at least not sincerely. It's something where, if you simplify it, the…](https://sms4smile.com/quotes/christoffer-boe/we-re-in-this-strange-age-where-we-can-t-say-i-love-you-at-least-not/) [Christoffer Boe](https://sms4smile.com/quotes/author/christoffer-boe/) > [I've realized that life is indeed full of contradictions. Sometimes its crazy to be sane.You need to fall to fly. People suffer because you…](https://sms4smile.com/quotes/anonymous/i-ve-realized-that-life-is-indeed-full-of-contradictions-sometimes/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Calvin: The more you know, the harder it is to take decisive action. Once you are informed, you start seeing complexities and shades of…](https://sms4smile.com/quotes/bill-watterson/calvin-the-more-you-know-the-harder-it-is-to-take-decisive-action/) [Bill Watterson](https://sms4smile.com/quotes/author/bill-watterson/) > [As we get more transparent with data sets about infrastructure and systems management, I have a feeling we'll see big changes in how we…](https://sms4smile.com/quotes/aaron-koblin/as-we-get-more-transparent-with-data-sets-about-infrastructure-and/) [Aaron Koblin](https://sms4smile.com/quotes/author/aaron-koblin/) > [Show me a person without prejudice of any kind on any subject and I'll show you someone who may be admirably virtuous but is…](https://sms4smile.com/quotes/allen-lacy/show-me-a-person-without-prejudice-of-any-kind-on-any-subject-and-i/) [Allen Lacy](https://sms4smile.com/quotes/author/allen-lacy/) > [We're all complex human beings, and if some of that complexity shows through, I think it's advantageous for the movie.](https://sms4smile.com/quotes/jan-de-bont/we-re-all-complex-human-beings-and-if-some-of-that-complexity-shows/) [Jan de Bont](https://sms4smile.com/quotes/author/jan-de-bont/) > [The base of artistic pursuit is ambivalence and complexity. And that's what I try to do.](https://sms4smile.com/quotes/fernando-perez/the-base-of-artistic-pursuit-is-ambivalence-and-complexity-and-that-s/) [Fernando Perez](https://sms4smile.com/quotes/author/fernando-perez/) > [If you want to gain market share at your competitor's expense - look for a customer that's suffering from too much complexity and simplify…](https://sms4smile.com/quotes/peter-cohan/if-you-want-to-gain-market-share-at-your-competitor-s-expense-look/) [Peter Cohan](https://sms4smile.com/quotes/author/peter-cohan/) > [What music is better able to do than language is to represent the complexity of human emotional states.](https://sms4smile.com/quotes/daniel-levitin/what-music-is-better-able-to-do-than-language-is-to-represent-the/) [Daniel Levitin](https://sms4smile.com/quotes/author/daniel-levitin/) > [I have become convinced, through my studies, that the only way to achieve a safe, just and viable world is to live by the…](https://sms4smile.com/quotes/karen-armstrong/i-have-become-convinced-through-my-studies-that-the-only-way-to/) [Karen Armstrong](https://sms4smile.com/quotes/author/karen-armstrong/) [Browse all 1,258 Complexity quotes ](https://sms4smile.com/quotes/about/complexity/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "We are talking about an awesome power. It is the power to weave illusions that appear real as long as they last. That is the very core of the Fed's power. Of course not everyone is instinctively against this illusion-weaving power, and many even welcome it. 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