As has been stated, the purpose of money is to split barter into two parts so that the seller is free to find his source of supply later and elsewhere. This is the sole purpose of money. Any effort to use money to serve another purpose is perversive; and this statement condemns the entire managed money philosophy.
Money is an instrumentality of the profit motive and must be issued and backed only by private enterprisers. Economic and political perversities are … - E.C. Riegel
Money is an instrumentality of the profit motive and must be issued and backed only by private enterprisers. Economic and political perversities are …
- E.C. Riegel
Money power means budget power and it is folly to imagine that the citizen can control government unless he can control its budget. - E.C. Riegel
Money power means budget power and it is folly to imagine that the citizen can control government unless he can control its budget.
As long as we cling to the superstition that we must look to government for money supply, instead of requiring it to look to us, just so long must we… - E.C. Riegel
As long as we cling to the superstition that we must look to government for money supply, instead of requiring it to look to us, just so long must we…
Money can be issued only in the act of buying, and can be backed only in the act of selling. Any buyer who is also a seller is qualified to be a mone… - E.C. Riegel
Money can be issued only in the act of buying, and can be backed only in the act of selling. Any buyer who is also a seller is qualified to be a mone…
If the government were obliged to come to the people for money instead of vice-versa, the people would keep government under control and operate thei… - E.C. Riegel
If the government were obliged to come to the people for money instead of vice-versa, the people would keep government under control and operate thei…
As has been stated, the purpose of money is to split barter into two parts so that the seller is free to find his source of supply later and elsewher… - E.C. Riegel
As has been stated, the purpose of money is to split barter into two parts so that the seller is free to find his source of supply later and elsewher…
The greatest enemy of mankind is his ignorance of the inherent money power in all of us. When the realization of this comes to man, he will like Sams… - E.C. Riegel
The greatest enemy of mankind is his ignorance of the inherent money power in all of us. When the realization of this comes to man, he will like Sams…
When government is invested with money power it rises above the citizen and under the profession of protecting him may actually constitute the greate… - E.C. Riegel
When government is invested with money power it rises above the citizen and under the profession of protecting him may actually constitute the greate…
Until we realize that our money power is our sovereign power we cannot act as sovereigns - E.C. Riegel
Until we realize that our money power is our sovereign power we cannot act as sovereigns
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