One Man's Consumption Becomes His Neighbor's Wish.

Then Came The Second Amsterdam Discovery, Although The Principle Was Known Elsewhere. Bank Deposits...did Not Need To Be Left Idly In The Bank. They Could Be Lent. The Bank Then Got Interest. The Borrower Then Had A Deposit That He Could Spend. But The Original Deposit Still Stood To The Credit Of The Original Depositor. That Too Could Be Spent. Money, Spendable Money, Had Been Created. Let No One Rub His Or Her Eyes. It's Still Being Done-every Day. The Creation Of Money By A Bank Is As Simple As This, So Simple, I've Often Said, That The Mind Is Slightly Repelled.

The Problem Of The Modern Economy Is Not A Failure Of A Knowledge Of Economics; It's A Failure Of A Knowledge Of History.

It Is Not The Individual's Right To Buy That Is Being Protected. Rather, It Is The Seller's Right To Manage The Individual.

Nothing Is More Portable Than Rich People And Their Money

Unemployment Is Rarely Considered Desirable Except By Those Who Have Not Experienced It.