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Carroll Quigley
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(6 votes) Thus, the use of fiat money is more justifiable in financing a depression than in financing a war.Carroll Quigley
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(5 votes) The history of the last century shows, as we shall see later, that the advice given to governments by bankers, like the advice they gave to industrialists, was consistently good for bankers, but was often disastrous for governments, businessmen, and the people generally.Carroll Quigley
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(4 votes) The failure of Christianity in the areas west from Sicily was even greater, and was increased by the spread of Arab outlooks and influence to that area, and especially to Spain.Carroll Quigley
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(4 votes) The supply of money in a single country was subject to no centralized, responsible control in most countries over recent centuries.Carroll Quigley
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(4 votes) This persistence as private firms continued because it ensured the maximum of anonymity and secrecy to persons of tremendous public power who dreaded public knowledge of their activities as an evil almost as great as inflation.Carroll Quigley
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(14 votes) The bankers made loans to business so that the volume of money increased faster than the increase in goods. The result was inflation.Carroll Quigley
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(10 votes) Once again the mastermind was Lionel Curtis, and the earlier Round Table Groups and Institutes of International Affairs were used as nuclei for the new network.Carroll Quigley
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(8 votes) It never occurred to anyone in a responsible position that Germany and Russia might make common cause, even temporarily, against the West.Carroll Quigley
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(7 votes) In this Western point of view, evil and sin were negative qualities; they arose from the absence of good, not from the presence of evil.Carroll Quigley
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(7 votes) It is this power structure which the Radical Right in the United States has been attacking for years in the belief that they are attacking the Communists.Carroll Quigley
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(7 votes) More important than the Milner Group's ability to influence opinion in the Dominions was its ability to influence decisions in London.Carroll Quigley
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(6 votes) In fact, this network, which we may identify as the Round Table Groups, has no aversion to cooperating with the Communists, or any other groups, and frequently does so.Carroll Quigley
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(6 votes) Instead, there were a variety of controls of which some could be influenced by bankers, some could be influenced by the government, and some could hardly be influenced by either.Carroll Quigley
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(5 votes) Hitler's economic revolution in Germany had reduced financial considerations to a point where they played no role in economic or political decisions.Carroll Quigley
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(5 votes) In addition to their power over government based on government financing and personal influence, bankers could steer governments in ways they wished them to go by other pressures.Carroll Quigley
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