All rights reserved. Except as permitted under the U.S. Copyright Act of 1976, no part of this publication may be reproduced, distributed, or transmitted in any form or by any means, or stored in a database or retrieval system, without the prior written permission of the publisher.
Printed in the United States of America
First Edition June 2010
The economy needs more entrepreneurs. Only entrepreneurs create real, sustainable jobs. Unfortunately, since the government protects the ultra rich that own the big corporations and big banks, as well as the labor unions, it’s tough for entrepreneurs to survive today, which means fewer jobs will be created, which is why we have a jobless recovery, which is why unemployment will continue to go up.
-Robert Kiyosaki
It’s taken almost two centuries for bankers to pull the wool over Americans’ eyes, but today you and I are working for intrinsically worthless paper that can be created by bureaucrats — created without sweat, without creative ability, without work, without anything but a decision by the Federal Reserve. This is the disease at the base of today’s monetary system. And like a cancer, it will spread until the system ultimately falls apart. This is the tragedy of the great lie. The great lie is that fiat paper represents a store of value, money of lasting wealth.
-George Bernard Shaw
- Thomas Jefferson
The more extensive a man’s knowledge of what has been done, the greater will be his power of knowing what to do.
- Benjamin Disraeli
- Louis McFadden, US Congressman (R-PA) (1915-1935), Chairman of House Banking and Currency Committee
Promises make debt, and debt makes promises.
-Dutch Proverb
When plunder has become a way of life for a group of people living together in society, they create for themselves in the course of time a legal system that authorizes it, and a moral code that glorifies it.
- Frédéric Bastiat
Gross Domestic Product
Gross Domestic Product is a measure of value of all economic output of a country, often quoted by news services. It is also used by financial analysts and the government in gauging the overall health of the economy. GDP is quoted in the billions of dollars, so when you see ‘$14,456’ it really translates to $14.456 trillion.
When future historians look back on our way of curing inflation, they’ll probably compare it to bloodletting in the Middle Ages.
– Lee Iacocca
In financial matters, the object of complexity is all too often to conceal the truth, to deceive.
-Historian Paul Johnson
