Instead, there were a variety of controls of which some could be influenced by bankers, some could be influenced by the government, and some could hardly be influenced by either.

The history of the last century shows, as we shall see later, that the advice given to governments by bankers, like the advice they gave to industrialists, was consistently good for bankers, but was often disastrous for governments, businessmen, and the people generally.

In addition to their power over government based on government financing and personal influence, bankers could steer governments in ways they wished them to go by other pressures.

Carroll Quigley Quotes