Ralph George Hawtrey Quotes

  • Banks lend by creating credit. They create the means of payment out of nothing.

    "National Economy and the Banking System of the United States". Book by Robert Latham Owen, p. 102, 1939.

Ralph George Hawtrey

  • Born: November 22, 1879
  • Died: March 21, 1975
  • Cite this Page: Citation