Friday, November 20, 2009

Money as Debt II video, sources for quotes used

The creator of the 'Money as Debt II video, Paul Grignon, has his own website. Please make sure to visit the page on there where he  lists the sources for all of the quotes he used in his film, as well as many quotes he didn't use. It's an eye-opening and worthwhile read. Here are just a few examples.

“Banking doesn’t involve fraud, banking IS fraud.” 

Tim Madden, monetary historian & consumer advocate.

"The issue which has swept down the centuries and which will have to be fought sooner or later is the people versus the banks."

 Lord Acton (1834-1902) English historian.

“The entire world economy rests on the consumer; if he ever stops spending money he doesn't have on things he doesn't need -- we're done for."

 Bill Bonner, author, publisher and columnist on economics and money.

"There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth.

 Our money system is nothing better than a confidence trick..." 

Dr. Frederick Soddy, Nobelist and 
author of Wealth, Virtual Wealth and Debt.

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