Lysander Spooner Quotes About Gold

Quotes about: Gold

• Practically and commercially speaking, a dollar is not necessarily a specific thing, made of silver, or gold, or any other single metal, or substance. It is only such a quantum of market value as exists in a given piece of silver or gold.

  Lysander Spooner

  Gold, Dollars, Substance

  Lysander Spooner (1971). “The Collected Works of Lysander Spooner: Economic writings”

• In reality there is no such thing as an inflation of prices, relatively to gold. There is such a thing as a depreciated paper currency.

  Lysander Spooner

  Reality, Gold, Paper

  Lysander Spooner (1873). “A New Banking System: the Needful Capital for Rebuilding the Burnt District”, p.21

• To measure prices by a currency that is called by the same names as gold, but that is really inferior in value to gold, and then - because those prices are nominally higher than gold prices - to say that they are inflated, relatively to gold, is a perfect absurdity.

  Lysander Spooner

  Names, Perfect, Gold

  Lysander Spooner (1971). “The Collected Works of Lysander Spooner: Economic writings”

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