Lord Acton Quote
Power tends to corrupt and absolute power corrupts absolutely.
Related Quotes
Savers have to be punished so debtors can be saved.Why? Because if debtors are rescued, that makes it possible for more debts to be issued in the future.And why is that important? Because the banking...
Chris Martenson
Tags:
banking, banking system, banks, corrupt, corruption, debt, debtor, economics, economy, finance
About Lord Acton
John Emerich Edward Dalberg-Acton, 1st Baron Acton, 13th Marquess of Groppoli, (10 January 1834 – 19 June 1902), better known as Lord Acton, was an English Catholic historian, politician, and writer. He is best remembered for the remark he wrote in a letter to an Anglican bishop in 1887: "Power tends to corrupt, and absolute power corrupts absolutely."