New York Gov. Andrew Cuomo: “Right now, in New York specifically, the rate of the curve suggests that in 45 days we could have up to an input of people who need 110,000 beds that compares to our current capacity of 53,000 beds, 37,000 ICU units, ventilators, which compares to a capacity currently of 3,000 ventilators,”

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Quote, Dr. Carroll Quigley, 1966: “William Paterson, however, on obtaining the charter of the Bank of England in 1694, to use the moneys he had won in privateering, said, “The Bank hath benefit of interest on all moneys which it creates out of nothing.” This was repeated by Sir Edward Holden, founder of the Midland Bank, on December 18, 1907, and is, of course, generally admitted today”

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Quote, Dr. Carroll Quigley, 1966: “The redistribution of wealth by changing prices is equally important but attracts much less attention. Rising prices benefit debtors and injure creditors, while falling prices do the opposite. A debtor called upon to pay a debt at a time when prices are higher than when he contracted the debt must yield up less goods and services than he obtained at the earlier date, on a lower price level when he borrowed the money. A creditor, such as a bank, which has lent money—equivalent to a certain quantity of goods and services—on one price level, gets back the same amount of money—but a smaller quantity of goods and services—when repayment comes at a higher price level, because the money repaid is then less valuable.

“This is why bankers, as creditors in money terms, have been obsessed with maintaining the value of money, although the

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