One of the evils of paper money is that it turns the whole country into stock jobbers. The … - Thomas Paine

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Quote of the day

Tis the only discipline we are born for; all studies else are but as circular lines, and death the center where they all must meet.

Thomas Paine

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.

Country, Day, Depreciate, Party, Precariousness, Real

Same Author Quotes

To argue with a person who has renounced the use of reason is like administering medicine to the dead.

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To reason with goverments, as they have existed for ages, is to argue with brutes. It is only from the nations themselves that reforms can be expected

Age, Reform, Arguing, Reason, Existed, Expected

A body of men holding themselves accountable to nobody ought not to be trusted by anybody.

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The greatest tyrannies are always perpetuated in the name of the noblest causes.

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Government, even in its best state, is but a necessary evil; in its worst state, an intolerable one.

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