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 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 QuigleyA community is made up of intimate relationships among diversified types of individuals--a kinship group, a local group, a neighborhood, a village, a large family.
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 QuigleyIt is also in theory, conceivable that some universal empire some day might cover the whole globe, leaving no external "barbarians" to serve as invaders.
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 Quigley