„Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves.“

—  Norm Franz

Edited by Martin Svoboda. Last update May 4, 2021. History

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„[Credit] is an evidence of banking, but it is not the money itself. Money is gold, and nothing else.“

—  J. P. Morgan American financier, banker, philanthropist and art collector 1837 - 1913

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„The impression was gaining ground with me that it was a good thing to let the money be my slave and not make myself a slave to money.“

—  John D. Rockefeller American business magnate and philanthropist 1839 - 1937


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„Gold is money. Everything else is credit.“

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„To pay off the debt was to destroy the money supply.“

—  John Kenneth Galbraith American economist and diplomat 1908 - 2006

Source: Money: Whence It Came, Where It Went (1975), Chapter VIII, The Great Compromise, p. 90
Context: In numerous years following the war the Federal government ran a heavy surplus. It could not pay off it's debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply.

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„Money on my mind, Money money on my mental.“

—  Lil Wayne American rapper, singer, record executive and businessman 1982

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„The money pigs of capitalist democracy… Money has made slaves of us… Money is the curse of mankind. It smothers the seed of everything great and good. Every penny is sticky with sweat and blood.“

—  Joseph Goebbels Nazi politician and Propaganda Minister 1897 - 1945

Quoted in The Nazi Party 1919-1945: A Complete History, Dietrich Orlow, New York: NY, Enigma Books, 2012, p 61. Goebbels’ article, “Nationalsozialisten aus Berlin und aus dem Reich”, Voelkischer Beobachter, February 4, 1927

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„…for destroying the harmony in the villages by interfering on behalf of the peasants and betraying the money lender.“

—  Bal Gangadhar Tilak Indian independence activist 1856 - 1920

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„Gentlemen, We Have Run Out Of Money; Now We Have to Think“

—  Winston S. Churchill Prime Minister of the United Kingdom 1874 - 1965

This quote, or a minor variation of it ("Gentlemen, we have run out of money. It is time to start thinking.") is also attributed to (Sir) Ernest Rutherford (1871-1937), the famed New Zealand chemist and physicist. http://www.nationaldefensemagazine.org/archive/2011/November/Pages/%E2%80%98Gentlemen,WeHaveRunOutOfMoney;NowWeHavetoThink%E2%80%99.aspx

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„Prate us but prade; it's money buys land
Money begets money.“

—  John Ray British botanist 1627 - 1705

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„Money is the best counterfeit money.“

—  Mignon McLaughlin American journalist 1913 - 1983

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„Money, says the proverb, makes money.“

—  Adam Smith Scottish moral philosopher and political economist 1723 - 1790

Source: The Wealth of Nations (1776), Book I, Chapter IX, p. 111.
Context: A great stock, though with small profits, generally increases faster than a small stock with great profits. Money, says the proverb, makes money. When you have a little, it is often easier to get more. The great difficulty is to get that little.

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