Paper Money Quotes - Page 3

• It gave me great pleasure to think that I could take wood, make it good, and make people like Rockefeller buy it with paper money.

  Louise Berliawsky Nevelson

  Thinking, People, Paper

  9 Copy quote

• The thief steals from himself. The swindler swindles himself. For the real price is knowledge and virtue, whereof wealth and credit are signs. These signs, like paper money, may be counterfeited or stolen, but that which they represent, namely, knowledge and virtue, cannot be counterfeited or stolen.

  Ralph Waldo Emerson

  Real, Knowledge, Thieves

  Ralph Waldo Emerson (1981). “The Portable Emerson: New Edition”, p.144, Penguin

  17 Copy quote

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• Experience, however, shows that neither a state nor a bank ever have [sic] had the unrestricted power of issuing paper money without abusing that power; in all states, therefore, the issue of paper money ought to be under some check and control; and none seems so proper for that purpose as that of subjecting the issuers of paper money to the obligation of paying their notes either in gold coin or bullion.

  David Ricardo

  Issues, Gold, Purpose

  25 Copy quote

• That is simple. In the Colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. In this manner creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay.

  Benjamin Franklin

  Simple, Creating, Issues

  31 Copy quote

• One of the evils of paper money is that it turns the whole country into stock jobbers. The precariousness of its value and the uncertainty of its fate continually operate, night and day, to produce this destructive effect. Having no real value in itself it depends for support upon accident, caprice, and party; and as it is the interest of some to depreciate and of others to raise its value, there is a continual invention going on that destroys the morals of the country.

  Thomas Paine

  Country, Real, Party

  Thomas Paine (2014). “Selected Writings of Thomas Paine”, p.164, Yale University Press

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• I deny the power of the general government to making paper money, or anything else a legal tender.

  Thomas Jefferson

  Government, Paper, Deny

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