Open Wiki Open WikiOpen InfoG Open InfoGNew Quote New Quote
Quote from William Paterson,


"The bank hath benefit of interest on all moneys which it creates out of nothing."


By:

William Paterson (more quotes by William Paterson or books by/about William Paterson)


(1658-1719) Founder of the Bank of England in 1694, the privately owned central bank for the Kingdom of England.

Categories:

Banking, Economics, Money

Rating:

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