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Whoever controls the volume of money in any country is absolute master of all industry and commerce... and when you realize that the entire system is very easily controlled, one way or another, by a few powerful men at the top, you will not have to be told how periods of inflation and depression originate.
The first part is attributed to James A. Garfield in The American Plutocracy (1895) by Milford Wriarson Howard, Ch. 16 : How Plutocracy Enslaves, p. 156. This is almost certainly a paraphrase of Garfield's "absolute dictator" quote. The second part is a late 20th-century misattribution. | ||
