Wednesday, February 21, 2007

J.S.

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.

Banking was conceived in iniquity and born in sin.

Bankers own the earth. Take it away from them, but leave them the power to create money, and with the flick of the pen, they will create enough money to buy it back again. Take this power away from them, and all great fortunes like mine will disappear, and they ought to disappear because then this world would be a happier world to live in.

But, if you want to continue to be slaves of the banks, and pay the cost of your own slavery, then let bankers continue to create money and control credit.

Sir Josiah Stamp, Director, Bank of England, 1928-1941

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