“It is no coincidence that the century of total war coincided with the century of central banking”
“It is no coincidence that the century of total war coincided with the century of central banking” is a saying that has been printed on many images.
American author, activist, and politician Ron Paul wrote in his book End the Fed (2009):
“Following the creation of the Fed, the government would discover other uses for an elastic money supply aside from keeping the banking system from defaulting on its obligations. It would prove useful in funding war. It is no coincidence that the century of total war coincided with the century of central banking. When governments had to fund their own wars without a paper money machine to rely upon, they economized on resources. They found diplomatic solutions to prevent war, and after they started a war they ended it as soon as possible.”
Wikipedia: Ron Paul
Ronald Ernest Paul (born August 20, 1935) is an American author, activist, and politician who served as the U.S. representative for Texas’s 22nd congressional district from 1976 to 1977, and again from 1979 to 1985, as well as for Texas’s 14th congressional district from 1997 to 2013. On three occasions, he sought the presidency of the United States, first as the Libertarian Party nominee in 1988, and then as a candidate for the Republican Party in 2008 and 2012.
Wikipedia: End the Fed
End the Fed is a 2009 book by Congressman Ron Paul of Texas that critiques the United States Federal Reserve System and advocates for its abolition. Paul argues that the Federal Reserve is unconstitutional, economically harmful, and a threat to individual liberty. The book debuted at number six on the New York Times Best Seller list and contends that Federal Reserve policies contribute to economic instability by creating artificial booms and subsequent busts.
The book played a role in popularizing opposition to the Federal Reserve within libertarian and conservative political movements. It received attention in economic and political discourse, with supporters endorsing its critique of monetary policy and critics challenging its assertions.
Google Books
End the Fed
By Ron Paul
New York, NY: Grand Central Publishing Group
2009
Pg. ?:
Following the creation of the Fed, the government would discover other uses for an elastic money supply aside from keeping the banking system from defaulting on its obligations. It would prove useful in funding war. It is no coincidence that the century of total war coincided with the century of central banking. When governments had to fund their own wars without a paper money machine to rely upon, they economized on resources. They found diplomatic solutions to prevent war, and after they started a war they ended it as soon as possible.
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PunkJohnnyCash
@PunkJohnnyCash
RT @shineing: @treyfu “It is no coincidence that the century of total war coincided with the century of central banking.” - Ron Paul
9:06 AM · Oct 16, 2009
X/Twitter
vaxen_var
@vaxen_var
“It is no coincidence that the century of total war coincided with the century of central banking.” Ron Paul
9:23 AM · Oct 16, 2009
X/Twitter
xyz
@MrDayer
It is no coincidence that the century of total war coincided with the century of central banking - Ron Paul, pg 63 of “end the fed”
10:48 PM · Nov 16, 2009
Reddit—PoliticalDiscussion
Orangutan—February 20, 2013
Ron Paul- “It is no coincidence that the century of total war coincided with the century of central banking.”
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Sal the Agorist
@SallyMayweather
(“It is no coincidence that the century of total war coincided with the century of central banking - Ron Paul” is shown on an image.—ed.)
12:49 PM · Feb 24, 2025