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"The bank hath benefit of interest on all moneys which it creates out of nothing."

— William Paterson
william paterson Quotes Bankers,New World Order,Interest

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William Paterson
Bankers
New World Order
Interest
Banking
Benefits
Central Banks
Monetary System
Bankers And Banks
Banks And Money

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Banks lend by creating credit. They create the means of payment out of nothing.

— Ralph George Hawtrey

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The process by which banks create money is so simple that the mind is repelled.

— John Kenneth Galbraith

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