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.
Carroll QuigleyIn 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 QuigleyWhen 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 QuigleyIt is not easy to tear any event out of the context of the universe in which it occurred without detaching from it some factor that influenced it.
Carroll Quigley