1. “I’m afraid that the ordinary citizen will not like to be told that the banks or the Bank of England can create and destroy the money”, Reginald Ma Kenna, ex-Chancellor of the Exchequer, 1928
2. “Money is not metal. It is trust inscribed. And it does not seem to matter much where it is inscribed: on silver, on clay, on paper, on a liquid crystal display”, Niall Ferguson, Historian, 2009.
3. “It proved extraordinarily difficult for economists to recognize that bank loans and bank investments do create deposits”, Joseph Schumpeter, Economist, 1954.
4. “Given the near identity of deposits and bank lending, Money and Credit are often used almost inseparably, even interchangeably”, Bank of England, 2008.
5. “Let me issue and control a nation’s money and I care not who writes the laws”, M.A. Rothschild, Banker, 1744-1812.
6. “The issuing power should be taken from the banks and restored to the people to whom it properly belongs”, Thomas Jefferson, US President, 1809.
