Gary North

A Quote by Gary North on politics, envy, and democracy

The politics of envy is the politics of this commandment: "Thou shalt not steal, except by majority vote." It is the politics of two wolves and a sheep voting on what to have for dinner.

Gary North

Source: http://www.lewrockwell.com/north/north634.html

Contributed by: peter

A Quote by Gary North on banking, cartel, central bank, and money

The goal of the FED, as with all central banks, is three-fold: (1) to protect the largest commercial banks from their depositors, who occasionally exercise their contractual right to withdraw currency (the ungrateful cads); (2) to control entry of newcomers into the bankers' cartel (interlopers); (3) to keep the stock market from collapsing in a panic, thereby persuading depositors to withdraw currency

Gary North

Source: http://www.lewrockwell.com/north/north617.html

Contributed by: peter

A Quote by Gary North on democratic capitalism and social democratic capitalism

Democratic capitalism: A cooperative enterprise to earn enough money to buy enough Congressional influence to gain control over the government's guns so as to get even more money for your special-interest group.

Social democratic capitalism: A cooperative enterprise to promise sufficient government benefits to enough voters to gain control over the government's guns so as to keep any other special-interest group from getting as much power as yours.

Gary North

Source: http://www.lewrockwell.com/north/north603.html

Contributed by: peter

A Quote by Gary North on economics, definition, microeconomics, and macroeconomics

Microeconomics: The study of who has the money and how I can get my hands on it.

Macroeconomics: The study of which government agency has the gun, and how we can get our hands on it.

Gary North

Source: http://www.lewrockwell.com/north/north603.html

Contributed by: peter

A Quote by Gary North on politics, democratic capitalism, and social democratic capitalism

The primary social goal of both systems of political economy is for middle-aged men to attract good-looking younger women. Democratic capitalists believe that good-looking younger women are attracted mainly by money. Social democratic capitalists believe that they are attracted mainly by power.

Gary North

Source: http://www.lewrockwell.com/north/north603.html

Contributed by: peter

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