Paul Warburg - News, Updates, Images & Quotes

One of the original founders of the Federal Reserve was Paul Warburg, who represented the Rothschild and Warburg families of Europe. He was a member of M. M. Warburg and Company, which had offices in Germany, Amsterdam, and the Netherlands. His brother Max Warburg was the financial advisor to the Kaiser before World War II and was director of the Reichsbank of Germany. Both Warburgs were anti-gold. They argued for an elastic money supply that could be expanded and contracted to accommodate the needs of business. They were for fiat money. Of course, this generally leads to inflation, which is a silent tax on the middle class and savers. The devastating results of the Warburg monetary philosophy was historically displayed in Germany. Max, a Jewish man, fled Germany in 1938—but only after hyperinflation had set in. The brothers' philosophy of currency is playing out today in America as the Fed pumps trillions of dollars into our economy.

— Robert Kiyosaki; Rich Dad's Conspiracy of The Rich view

He [Paul Warburg] was a director of American I.G. Chemical Corp. and Agfa Ansco, Inc., firms that were controlled by I.G. Farben, the infamous German cartel that, only a few years later, would sponsor the rise to power of Adolph Hitler. He was also a director of the CFR. [...] Warburg was the founder and Chairman of the International Acceptance Bank of New York, the wor'd largest acceptance bank. He was also a director of several smaller "competitors," including the prestigious Westinghouse Acceptance Bank. [...] Warburg <em>was</em> the acceptance market in America.

— G. Edward Griffin; The Creature From Jekyll Island view

While technically and legally the Federal Reserve note is an obligation of the United States Government, in reality it is an obligation, the sole actual responsibility for which rests on the reserve banks. [...] The government could only be called upon to take them up after the reserve banks had failed.

— Paul Warburg; The Federal Reserve System: Its Origin and Growth view

Paul M. Warburg is probably the mildest-mannered man that ever personally conducted a revolution. It was a bloodless revolution: he did not attempt to rouse the populace to arms. He stepped forth armed simply with an idea. And he conquered. That's the amazing thing. A shy, sensitive man, he imposed his idea on a nation of a hundred million people.

— Harold Kellock; as quoted by G. Edward Griffin in The Creature From Jekyll Island view

He [Paul Warburg] had come to the United States only nine years prior to the Jekyll Island meeting. Soon after arrival, however, and with funding provided mostly by the Rothschild group, he and his brother Felix had been able to buy partnerships in the New York investment banking firm of Kuhn, Loeb & Company, while continuing as partners in Warburg of Hamburg. Within twenty years, Paul would become one of the wealthiest men in America with an unchallenged domination over the country's railroad system.

— G. Edward Griffin; The Creature From Jekyll Island view