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— Frederick W. Smith"My innovation involved taking an idea from the telecommunications and banking industries, and applying that idea to transportation business."
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If all bank loans were paid, there would not be a dollar of coin or currency in circulation. Someone has to borrow every dollar we have in circulation. We are absolutely without a permanent money system.
— Robert W. Hemphill
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As soon as Mr. Roosevelt took office, the Federal Reserve began to buy government securities at the rate of ten million dollars a week for 10 weeks, and created one hundred million dollars in new [checkbook] currency, which alleviated the critical famine of money and credit, and the factories started hiring people again.
— Eustace Mullins
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