Nearly all of it is now called in by the banks, who have the regulation of the safety-valves of our fortunes, and who condense and explode them at their will.
About this quote
- What does it mean?
- Banks control economic stability and can manipulate financial conditions at will.
- In plain terms
- Banks control money and can ruin or save fortunes easily.
- What can you take from it?
- Be aware of how banks control financial stability.
Where it applies
Putting it to work
Questions to consider
- Who really controls the economy?
- How safe is your money?
Another view
Banks are regulated to prevent such arbitrary control.
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