G. Edward Griffin Quotes About Income

We have collected for you the TOP of G. Edward Griffin's best quotes about Income! Here are collected all the quotes about Income starting from the birthday of the Film Producer – November 7, 1931! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 3 sayings of G. Edward Griffin about Income. We will be happy if you share our collection of quotes with your friends on social networks!
All quotes by G. Edward Griffin: Age Civil War Conspiracy Making Money Slavery Taxes Wealth more...
  • During the fiscal year ending in 1861, expenses of the federal government had been $67 million. After the first year of armed conflict they were $475 million and, by 1865, had risen to one billion, three-hundred million dollars. On the income side of the ledger, taxes covered only about eleven per cent of that figure. By the end of the war, the deficit had risen to $2.61 billion. That money had to come from somewhere.

  • And what did the banks do to earn this perpetually flowing river of wealth? Did they lend out their own capital obtained through investment of stockholders? Did they lend out the hard-earned savings of their depositors? No, neither of these were their major source of income. They simply waved the magic wand called fiat money.

    "The Creature from Jekyll Island: A Second Look at the Federal Reserve". Book by G. Edward Griffin, 1994.
  • The nation's first experiment with the income tax was tried at this time; another violation of the Constitution.

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G. Edward Griffin quotes about: Age Civil War Conspiracy Making Money Slavery Taxes Wealth

G. Edward Griffin

  • Born: November 7, 1931
  • Occupation: Film Producer