"This persistence as private firms continued because it ensured the maximum of anonymity and secrecy to persons of tremendous public power who dreaded public knowledge of their activities as an evil almost as great as inflation"

This quote by Carroll Quigley speaks with the power of private companies to supply privacy and secrecy to those in positions of public power. Quigley suggests that these people feared public understanding of their activities almost as much as they feared inflation. This persistence of personal companies was preserved in order to safeguard the identities of those in power and to keep their activities hidden from the public. This quote speaks with the power of personal firms to safeguard the identities of those in power and to keep their activities hidden from the general public. It also speaks with the fear of public knowledge of their activities, which was viewed as almost as great a risk as inflation. This quote highlights the value of personal companies in safeguarding the identities of those in power and keeping their activities hidden from the public.