Once you think that something is improbable and everybody thinks it, people modify their behavior in a way that makes it more probable. Everyone thought it was so improbable that so many people would default on real estate, it actually created a greater probability that it would happen because more capital flowed into that sector.
- Lloyd Blankfein - Topics: Banking System, Stock Market, Wall Street.
Don't forget: bankers may not mature, but debt matures.
- Lloyd Blankfein - Topics: Banking System.
Bankers own the earth. Take it away from them, but leave them the power to create money and control credit, and with a flick of a pen they will create enough to buy it back.
- Sir Josiah Stamp - Topics: Banking System.
It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
- Henry Ford - Topics: Banking System, Fiat Currency.
I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take them violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop.
- Friedrich A. Hayek - Topics: Government, Cryptocurrency, Central Bank, Banking System.
