SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The coming US dollar crisis
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: ggersh who wrote (20142)5/3/2009 9:28:07 AM
From: LTK0072 Recommendations  Read Replies (2) of 71402
 
Marc Faber's newsletter starts with a quote, i guess it indicates Faber's view of Banks:)

"Banking was conceived in inequity 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. However, take it away from them, and all the
great fortunes like mine will disappear and they ought to
disappear, for this would be a happier and better world
to live in. But, if you wish to remain the slaves of bankers
and pay the costs of your own slavery, let them continue
to create deposits."
Lord Josiah Stemp, Former Director of
the Bank of England (1937)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News