“It is not competition, but monopoly, that deprives labor of its product. Destroy the banking monopoly, establish freedom in finance, and down will go interest on money through the beneficent influence of competition.”

The Anarchists answer that the abolition of the State will leave in existence a defensive association, resting no longer on a compulsory but on a voluntary basis, which will restrain invaders by any means that may prove necessary.

As a choice of blessings, liberty is the greater; as a choice of evils, liberty is the smaller. Then liberty always says the Anarchist. No use of force except against the invader.

The exercise of authority over the same area by two States is a contradiction.

The student of Liberty must constantly endeavor to disassociate his imagination from sanguinary dramas of assassination and revolt.

Commanded love of all men indiscriminately is an obliteration of distinction between love and hate, and therefore is not love at all.

To force a man to pay for the violation of his own liberty is indeed an addition of insult to injury.

Aggression is simply another name for government. Aggression, invasion, government, are interconvertible terms. The essence of government is control, or the attempt to control.

But which is the State’s essential function, aggression or defence, few seem to know or care.

Peace and Liberty are companions. It is foolish in the extreme not only to resort to force before necessity compels, but especially to madly create the conditions that will lead to this necessity.

And this is the Anarchistic definition of the State: the embodiment of the principle of invasion in an individual, or a band of individuals, assuming to act as representatives or masters of the entire people within a given area.

[T]he State . . . gives idle capital the power of increase, and, through interest, rent, profit, and taxes, robs industrious labor of its products.

He who attempts to control another is a governor, an aggressor, an invader; and the nature of such invasion is not changed, whether it is made by one man upon another man … or by all other men upon one man, after the manner of a modern democracy.

Marx, as we have seen, solved it by declaring capital to be a different thing from product, and maintaining that it belonged to society and should be seized by society and employed for the benefit of all alike.

Mind your own business” is its own moral law. Interference with another’s business is a crime and the only crime, and as such may properly be resisted.

The right of the majority is absolute.

We are here to let in the light of Liberty upon political superstition.

Think well of yourself and others will too. Unless those others are in government, banking, or show business.

Among the largest banks, the capital ratios remain good and I don’t expect any serious problems . . . . among the large, internationally active banks that make up a very substantial part of our banking system.

What’s breaking into a bank compared with founding a bank?

Investment banks manage to go bankrupt through their investment-banking activities, commercial banks manage to go bankrupt through their commercial-banking activities.

Without encryption, you and I wouldn’t be able to do our banking online.

The abandonment of the gold standard made it possible for the welfare statists to use the banking system as a means to an unlimited expansion of credit.

I’m not against banking. Banking allowed our modern society to happen, it is essential. It connects the work through finance, so banking is good.

In the U.A.E. we were the least-regulated environment in the region, and over time we are seeing more and more regulation coming in.