Carroll Quigley - Tragedy and Hope (1966)

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In addition to their power over government based on government financing and personal influence, bankers could steer governments in ways they wished them to go by other pressures.

Carroll Quigley
On this basis, which was originally financial and goes back to George Peabody, there grew up in the twentieth century a power structure between London and New York which penetrated deeply into university life, the press, and the practice of foreign policy.

Carroll Quigley
The history of the last century shows, as we shall see later, that the advice given to governments by bankers, like the advice they gave to industrialists, was consistently good for bankers, but was often disastrous for governments, businessmen, and the people generally.

Carroll Quigley
It is this power structure which the Radical Right in the United States has been attacking for years in the belief that they are attacking the Communists.

Carroll Quigley
The problem of meaning today is the problem of how the diverse and superficially self-contradictory experiences of men can be put into a consistent picture that will provide contemporary man with a convincing basis from which to live and to act.

Carroll Quigley
The West believes that man and the universe are both complex and that the apparently discordant parts of each can be put into a reasonably workable arrangement with a little good will, patience, and experimentation.

Carroll Quigley
Inflation, especially a slow steady rise in prices, encourages producers, because it means that they can commit themselves to costs of production on one price level and then, later, offer the finished product for sale at a somewhat higher price level. This situation encourages production because it gives confidence of an almost certain profit margin.

Carroll Quigley
Hitler's economic revolution in Germany had reduced financial considerations to a point where they played no role in economic or political decisions

Carroll Quigley
The argument that the two parties should represent opposed ideals and policies, one, perhaps, of the Right and the other of the Left, is a foolish idea acceptable only to doctrinaire and academic thinkers.

Carroll Quigley
The growth of financial capitalism made possible a centralization of world economic control and use of this power for the direct benefit of financiers and the indirect injury of all other economic groups.

Carroll Quigley
When goods are exchanged between countries, they must be paid for by commodities or gold. They cannot be paid for by the notes, certificates, and checks of the purchaser's country, since these are of value only in the country of issue.

Carroll Quigley
The traditional Christian attitude toward human personality was that human nature was essentially good and that it was formed and modified by social pressures and training.

Carroll Quigley
This persistence as private firms continued because it ensured the maximum of anonymity and secrecy to persons of tremendous public power who dreaded public knowledge of their activities as an evil almost as great as inflation.

Carroll Quigley
Thus, the use of fiat money is more justifiable in financing a depression than in financing a war.

Carroll Quigley
Instead, the two parties should be almost identical, so that the American people can 'throw the rascals out' at any election without leading to any profound or extensive shifts in policy.

Carroll Quigley