In the “It’s all been said before” section on this blog, I collect the comments of men much wiser than I whom throughout the ages have witnessed the ebb and flow of social, political and economic cycles and were able to distill complex concepts in succinct but clear comments.
At a time when most people have a hard time making the part of things, I find it sobering to be reminded that whatever is happening today is not new and is not unusual. We have seen this movie before. We know how it develops and we know how it ends. The only question that remains to be answered is “when”.
It’s all been said before
Robbing Peter to pay Paul ( Anonymous)
Men go mad in herds but only come to their senses one by one (Charles Mackey)
If the American people (or any other people) ever allow the banks to control the issuance of their currency, first by inflation, and then by deflation, the banks and corporations that will grow up around them will deprive the people of all property, until their children wake up homeless on the continent their fathers conquered. The issuing power of money should be taken from banks and restored to Congress and the people to whom it belongs. I sincerely believe that the banking institutions having the issuing power of money are more dangerous to liberty than standing armies.
Permit me to issue and control the money of a nation, and I care not who makes its laws. (Mayer Amschel Rothschild)
There is no means of avoiding the final collapse of a boom brought about by credit expansion. The alternative is only whether the crisis should come sooner as the result of a voluntary abandonment of further credit expansion, or later as a final and total catastrophe of the currency system involved. ( Ludwig Von Mises)
“Banking was conceived in iniquity and was born in sin. The Bankers own the earth. Take it away from them, but leave them the power to create deposits, and with the flick of the pen they will create enough deposits to buy it back again.”
(Sir Josiah Stamp) [1880-1941] former Director, Bank of England
“The whole aim of practical politics is to keep the populace alarmed — and thus clamorous to be led to safety — by menacing it with an endless series of hobgoblins, all of them imaginary.”
“Facts must be distorted, relevant circumstances concealed, and a picture presented which by its crude coloring will persuade the ignorant people that their Government is blameless, their cause is righteous, and that the indisputable wickedness of the enemy is beyond question.
A moment’s reflection would tell any reasonable person that such obvious bias cannot possibly represent the truth. But the moment’s reflection is not allowed; lies are circulated with great rapidity. The unthinking mass accept them and by their excitement sway the rest.
The amount of rubbish and humbug that pass under the name of patriotism in wartime in all countries is sufficient to make decent people blush when they are subsequently disillusioned.”
–Arthur Ponsonby, Falsehood in Wartime, 1928
“It only stands to reason that where there’s sacrifice, there’s someone collecting the sacrificial offerings. Where there’s service, there is someone being served. The man who speaks to you of sacrifice is speaking of slaves and masters, and intends to be the master.”
“the individual is handicapped by coming face to face with a conspiracy so monstrous he cannot believe it exists.”
–J. Edgar Hoover, 1956, speaking of communism
“The State is that great fiction by which everyone tries to live at the expense of everyone else.” Frederic Bastiat
“It is also important for the State to inculcate in its subjects an aversion to any “conspiracy theory of history;” for a search for “conspiracies” means a search for motives and an attribution of responsibility for historical misdeeds. If, however, any tyranny imposed by the State, or venality, or aggressive war, was caused not by the State rulers but by mysterious and arcane “social forces,” or by the imperfect state of the world or, if in some way, everyone was responsible (“We Are All Murderers,” proclaims one slogan), then there is no point to the people becoming indignant or rising up against such misdeeds. Furthermore, an attack on “conspiracy theories” means that the subjects will become more gullible in believing the “general welfare” reasons that are always put forth by the State for engaging in any of its despotic actions. A “conspiracy theory” can unsettle the system by causing the public to doubt the State’s ideological propaganda.”
–Murray N. Rothbard, in The Anatomy of the State
“The terrible thing about the quest for truth is that you find it.”
–Remy de Gourmont