I care not what puppet is placed upon the throne of England to rule this Empire on which the sun never sets. The man who controls Britain’s money supply controls the British Empire, and I control the British money supply.
NATHAN MAYER ROTHSCHILD (1777–1836)
All financial innovation involves, in one form or another, the creation of debt secured in greater or lesser adequacy by real assets.…All [financial] crises have involved debt that, in one fashion or another, has become dangerously out of scale in relation to the underlying means of payment.
JOHN KENNETH GALBRAITH, A Short History of Financial Euphoria
The legal rate [of interest]…ought not to be much above the lowest market rate. If…fixed so high as eight or ten percent, the greater part ...