The whole profit of the issuance of money has provided the capital of the great banking business as it exists today.
Frederick SoddyIt is curious to reflect, for example, upon the remarkable legend of the Philosopher's Stone, one of the oldest and most universal beliefs, the origin of which, however far back we penetrate into the records of the past, we do not probably trace its real source.
Frederick SoddyThe dropping of the Atomic Bomb is a very deep problem... Instead of commemorating Hiroshima we should celebrate... man's triumph over the problem [of transmutation], and not its first misuse by politicians and military authorities.
Frederick SoddyIn so far as such developments utilise the natural energy running to waste, as in water power, they may be accounted as pure gain. But in so far as they consume the fuel resources of the globe they are very different. The one is like spending the interest on a legacy, and the other is like spending the legacy itself. ... [There is] a still hardly recognised coming energy problem.
Frederick Soddy