The modern banking system manufactures money out of nothing.The Banking System, 1920
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Josiah Stamp (1880–1941) was a prominent British businessman and railway executive known for his leadership as the chairman of the London, Midland and Scottish Railway (LMS) during the 1930s. He played a significant role in the modernization of British rail transport and was instrumental in improving railway efficiency and service. In addition to his railway work, Stamp was a noted public servant and contributed to various charitable and educational organizations.
d. 1941
The modern banking system manufactures money out of nothing.The Banking System, 1920