Quote

When goods are exchanged between countries, they must be paid for by commodities or gold. They cannot be paid for by the notes, certificates, and checks of the purchaser's country, since these are of value only in the country of issue.

Carroll Quigley

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Carroll Quigley
Age: 66 †
Born: 1910
Born: November 9
Died: 1977
Died: January 3
Historian
Journalist
Literary Critic
Professor
Boston
Massachusetts
Since
Goods
Values
Notes
Purchaser
Cannot
Issue
Purchasers
Country
Countries
Exchanged
Must
Gold
Certificates
Paid
Commodities
Value
Commodity
Issues
Checks

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Even today few scientists and perhaps even fewer nonscientists realize that science is a method and nothing else.
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The difference between a stable society and an unstable one is that the restraints in an unstable one are external. In a stable society government ultimately becomes unnecessary the restraints on people's actions are internal, they're self-disciplined.
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Hitler's economic revolution in Germany had reduced financial considerations to a point where they played no role in economic or political decisions
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When the business interests... pushed through the first installment of civil service reform in 1883, they expected that they would be able to control both political parties equally.
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To this day the Arab influence is evident in southern Italy, northern Africa and, above all, in Spain.
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Thus, the use of fiat money is more justifiable in financing a depression than in financing a war.
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The problem of meaning today is the problem of how the diverse and superficially self-contradictory experiences of men can be put into a consistent picture that will provide contemporary man with a convincing basis from which to live and to act.
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The history of the last century shows, as we shall see later, that the advice given to governments by bankers, like the advice they gave to industrialists, was consistently good for bankers, but was often disastrous for governments, businessmen, and the people generally.
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Instead, the two parties should be almost identical, so that the American people can throw the rascals out at any election without leading to any profound or extensive shifts in policy.
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When we approach history, we are dealing with a conglomeration of irrational continua. Those who deal with history by nonrational processes are the ones who make history, the actors in it.
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This persistence as private firms continued because it ensured the maximum of anonymity and secrecy to persons of tremendous public power who dreaded public knowledge of their activities as an evil almost as great as inflation.
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The very idea that there is some kind of conflict between science and religion is completely mistaken. Science is a method for investigating experience... Religion is the fundamental, necessary internalization of our system of more permanent values.
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The West believes that man and the universe are both complex and that the apparently discordant parts of each can be put into a reasonably workable arrangement with a little good will, patience, and experimentation.
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Each central banksought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world.
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In addition to their power over government based on government financing and personal influence, bankers could steer governments in ways they wished them to go by other pressures.
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It is clear that every civilization undergoes a process of historical change. We can see that a civilization comes into existence, passes through a long experience, and eventually goes out of existence.
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There were people who said the Society of Cincinnati in the American revolution, of which George Washington was one of the shining lights, was a branch of the Illuminati.
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The Council on Foreign Relations is the American branch of a society which originated in England ... [and] ... believes national boundaries should be obliterated and one-world rule established.
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It is this power structure which the Radical Right in the United States has been attacking for years in the belief that they are attacking the Communists.
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