The phase of the usury system which we are trying to analyze is more or less Patterson's perception that the Bank of England could have benefit of all the interest on all the money that it creates out of nothing. ... Now the American citizen can, of course, appeal to his constitution, which states that Congress shall have power to coin money or regulate the value thereof and of foreign coin. Such appeal is perhaps quixotic.
Ezra PoundAllow me to say that I would long since have committed suicide had desisting made me a professor of Latin.
Ezra PoundGood art however 'immoral' is wholly a thing of virtue. Good art can NOT be immoral. By good art I mean art that bears true witness, I mean the art that is most precise.
Ezra PoundThere is natural ignorance and there is artificial ignorance. I should say at the present moment the artificial ignorance is about eighty-five per cent.
Ezra Pound