
Source: The international economy from a political to an authoritative drive, p. 130
Source: Money and Credit in Capitalist Economies, 1990, p. 58; as cited in: Stein (1994).
Source: The international economy from a political to an authoritative drive, p. 130
Letter to Albert Gallatin, 1803. http://www.yamaguchy.netfirms.com/7897401/jefferson/gallatin.html ME 10:439
Posthumous publications, On financial matters
“The process by which banks create money is so simple that the mind is repelled.”
Source: Money: Whence It Came, Where It Went (1975), Chapter III, Banks, p. 18
Report of the Independent Expert on the adverse impact of World Bank policies on human rights and the realisation of a democratic and equitable international order
2017, Report submitted to the UN Human Rights Council
Foster and Catchings, in: The Atlantic Monthly, Vol. 144, (1929), p. 102; cited in: William J. Barber. From New Era to New Deal. 1988, p. 77.
Said to be a quote from Das Kapital in an anonymous email, this attribution has been debunked at Snopes.com http://www.snopes.com/politics/quotes/consumerdebt.asp with the earliest occurrence found being a post by Gpkkid on 23 December 2008 http://economix.blogs.nytimes.com/2008/12/18/do-bailouts-encourage-ponzi-schemes/#comment-24005; it was used as a basis of a satirical article "Americans to Undergo Preschool Reeducation in Advance of Country’s Conversion to Communism" at NewsMutiny http://www.newsmutiny.com/pages/Communist_Reeducation.html, but the author of article on the satiric website says that he is not author of the quote http://www.clockbackward.com/2009/02/04/did-karl-marx-predict-financial-collapse/
Misattributed
“Banks lend by creating credit. They create the means of payment out of nothing.”
Ralph M. Hawtrey as assistant secretary of the British Treasury, quoted in: Robert Latham Owen (1939), National economy and the banking system of the United States. p. 102
As quoted on the BBC Web Site http://www.bbc.co.uk/news/uk-scotland-scotland-business-11106098 (27th August 2010)
As quoted in Maxed Out : Hard Times, Easy Credit, and the Era of Predatory Lenders (2007) by James D. Scurlock; The quote does not appear in any of Acton's published writings. Ezra Pound attributes the exact quotation to Sir Alexander James Cockburn, Lord Chief Justice of England in Pound, Ezra. "'Ezra Pound Speaking': Radio Speeches of World War II", ed. Leonard W. Doob (Westport: Greenwood Press, 1978), 219. https://archive.org/stream/EzraPoundSpeaking-RadioSpeechesOfWorldWarIi/EzraPoundSpeaking#page/n116/mode/1up/search/Lord+Chief+Justice
Misattributed