Open Wiki Open WikiOpen InfoG Open InfoGNew Quote New Quote

Quote from Ralph M. Hawtrey,


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


By:

Ralph M. Hawtrey (more quotes by Ralph M. Hawtrey or books by/about Ralph M. Hawtrey)


Former Secretary of the British Treasury

Courtesy of:

Billions for the Bankers, Debt for the People
The Real Story of the Money-Control Over America
-taken from an essay by Sheldon Emry

Keywords:

Gold; Fed

Categories:

America, Banking, Deception, Economics, Fed, IMF, Money, NWO

Rating:

Get a Quote-A-Day!
Liberty Quotes sent to your mail box.
Email:  More quotes...