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.
Carroll QuigleyThe growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.
Carroll QuigleyAfter years of work in both areas of study, I concluded that the social sciences were different, in many important ways, from the natural sciences, but that the same scientific methods were applicable in both areas, and, indeed, that no very useful work could be done in either area except by scientific methods.
Carroll QuigleyThus, the use of fiat money is more justifiable in financing a depression than in financing a war.
Carroll Quigley