--- title: "Meaning & Key Takeaway of: We were not foolish enough to try to make…" description: "\"We were not foolish enough to try to make a currency [backed by] gold of which we had none, but for every mark that was issued we required the equivale..." image: "https://sms4smile.com/quotes/i/db1/adolf-hitler-253_currency_we-were-not-foolish-enough-to-try-to-mak_791068.jpg" --- # We were not foolish enough to try to make a currency… ![“We were not foolish enough to try to make a currency [backed by] gold of which we had none, but for every mark that was issued we required the equivalent of a mark's worth of work done or goods produced ... we laugh at the time our national financiers held the view that the value of a currency is…” quote by Adolf Hitler](https://sms4smile.com/quotes/i/db1/adolf-hitler-253_currency_we-were-not-foolish-enough-to-try-to-mak_791068.jpg) [Download](https://sms4smile.com/quotes/i/db1/adolf-hitler-253_currency_we-were-not-foolish-enough-to-try-to-mak_791068.jpg) [Open image](https://sms4smile.com/quotes/i/db1/adolf-hitler-253_currency_we-were-not-foolish-enough-to-try-to-mak_791068.jpg) > “We were not foolish enough to try to make a currency \[backed by\] gold of which we had none, but for every mark that was issued we required the equivalent of a mark's worth of work done or goods produced ... we laugh at the time our national financiers held the view that the value of a currency is regulated by the gold and securities lying in the vaults of a state bank.” [Adolf Hitler](https://sms4smile.com/quotes/author/adolf-hitler/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The speaker argues against gold-backed currency, demanding work or goods for each issued mark, mocking those who tie value to gold reserves. **In simple terms:** Reject gold standard; tie money to productive output. Key Takeaway Tie currency to real production. Themes economics politics history Mood critical historical Type political economic When to use this quote - government policy - inflation control - economic planning Key Concepts currency theory gold standard critique Questions to Reflect On - Can a work-backed currency be feasible today? - What are the risks of abandoning gold? A Different Perspective Implementation would be impractical in modern economies. ★ ★ ★ ★ ★ No ratings yet [Currency](https://sms4smile.com/quotes/about/currency/) [Gold](https://sms4smile.com/quotes/about/gold/) [Lying](https://sms4smile.com/quotes/about/lying/) [Political](https://sms4smile.com/quotes/about/political/) [Politics](https://sms4smile.com/quotes/about/politics/) [Security](https://sms4smile.com/quotes/about/security/) [Values](https://sms4smile.com/quotes/about/values/) ## Related quotes > [Britain is not part of the single currency. That is a decision we have taken, a voluntary decision of this country, but as a…](https://sms4smile.com/quotes/george-osborne/britain-is-not-part-of-the-single-currency-that-is-a-decision-we-have/) [George Osborne](https://sms4smile.com/quotes/author/george-osborne/) > [Historically, bad money always drives out good. 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If the international Jewish financiers, inside and outside Europe, succeed in plunging the nations once more…](https://sms4smile.com/quotes/adolf-hitler/today-i-will-once-more-be-a-prophet-if-the-international-jewish/) [Adolf Hitler](https://sms4smile.com/quotes/author/adolf-hitler/) > [The value of a currency is, ultimately, what someone will give you for it - whether in food, fuel, assets, or labor. And that's…](https://sms4smile.com/quotes/james-surowiecki/the-value-of-a-currency-is-ultimately-what-someone-will-give-you-for/) [James Surowiecki](https://sms4smile.com/quotes/author/james-surowiecki/) > [I remember being in the Ontario Legislature and the Liberals yelling over at me about the fact that the dollar was rising, and that…](https://sms4smile.com/quotes/jim-flaherty/i-remember-being-in-the-ontario-legislature-and-the-liberals-yelling/) [Jim Flaherty](https://sms4smile.com/quotes/author/jim-flaherty/) > [Common experience is the gold reserve which confers an exchange value on the currency which words are; without this reserve of shared experiences, all…](https://sms4smile.com/quotes/ren-daumal/common-experience-is-the-gold-reserve-which-confers-an-exchange-value/) [Rene Daumal](https://sms4smile.com/quotes/author/ren-daumal/) > [Style is what gives value and currency to thoughts.](https://sms4smile.com/quotes/arthur-schopenhauer/style-is-what-gives-value-and-currency-to-thoughts/) [Arthur Schopenhauer](https://sms4smile.com/quotes/author/arthur-schopenhauer/) > [Well, I make a practice of not commenting on the role of the relative exchange value of our currency.](https://sms4smile.com/quotes/john-w-snow/well-i-make-a-practice-of-not-commenting-on-the-role-of-the-relative/) [John W. 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It only…](https://sms4smile.com/quotes/donald-miller/well-let-s-consider-the-value-of-the-dollar-ultimately-logically-the/) [Donald Miller](https://sms4smile.com/quotes/author/donald-miller/) > [“Only expectation has value as currency,”](https://sms4smile.com/quotes/brandon-sanderson/only-expectation-has-value-as-currency/) [Brandon Sanderson](https://sms4smile.com/quotes/author/brandon-sanderson/) > [Manipulating currencies is when you're going into the marketplace and buying something in large amounts to depress the value of the currency.](https://sms4smile.com/quotes/jamie-dimon/manipulating-currencies-is-when-you-re-going-into-the-marketplace-and/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [The natural tendency of government, once in charge of money, is to inflate and to destroy the value of the currency.](https://sms4smile.com/quotes/murray-rothbard/the-natural-tendency-of-government-once-in-charge-of-money-is-to/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) ## More by Adolf Hitler > [The one means that wins the easiest victory over reason is terror and force.](https://sms4smile.com/quotes/adolf-hitler/the-one-means-that-wins-the-easiest-victory-over-reason-is-terror-and/) [Adolf Hitler](https://sms4smile.com/quotes/author/adolf-hitler/) > [The State must act as the guardian of a millennial future in the face of which the wishes and the selfishness of the individual…](https://sms4smile.com/quotes/adolf-hitler/the-state-must-act-as-the-guardian-of-a-millennial-future-in-the-face/) [Adolf Hitler](https://sms4smile.com/quotes/author/adolf-hitler/) > [Great liars are also great magicians.](https://sms4smile.com/quotes/adolf-hitler/great-liars-are-also-great-magicians/) [Adolf Hitler](https://sms4smile.com/quotes/author/adolf-hitler/) > [I may add that we have more than once stated our willingness to conclude nonaggression pacts with the states neighboring our own!](https://sms4smile.com/quotes/adolf-hitler/i-may-add-that-we-have-more-than-once-stated-our-willingness-to/) [Adolf Hitler](https://sms4smile.com/quotes/author/adolf-hitler/) > [“Le Jeuden, des Dreugen, Au Frauden”](https://sms4smile.com/quotes/adolf-hitler/le-jeuden-des-dreugen-au-frauden/) [Adolf Hitler](https://sms4smile.com/quotes/author/adolf-hitler/) > [The fight against syphilis demands a fight against prostitution, against prejudices, old habits, against previous conceptions, general views among them not least the false…](https://sms4smile.com/quotes/adolf-hitler/the-fight-against-syphilis-demands-a-fight-against-prostitution/) [Adolf Hitler](https://sms4smile.com/quotes/author/adolf-hitler/) > [I don't see much future for the Americans ... it's a decayed country. 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History teaches that all conquerors…](https://sms4smile.com/quotes/adolf-hitler/the-most-foolish-mistake-we-could-possibly-make-would-be-to-permit/) [Adolf Hitler](https://sms4smile.com/quotes/author/adolf-hitler/) > [Never forget that the most sacred right on this earth is mans right to have the earth to till with his own hands, the…](https://sms4smile.com/quotes/adolf-hitler/never-forget-that-the-most-sacred-right-on-this-earth-is-mans-right/) [Adolf Hitler](https://sms4smile.com/quotes/author/adolf-hitler/) [Explore all 771 Adolf Hitler quotes ](https://sms4smile.com/quotes/author/adolf-hitler/) ## More Currency quotes > [A man walks down the street. It's a street in a strange world. Maybe it's the third world. Maybe it's his first time around.…](https://sms4smile.com/quotes/paul-simon/a-man-walks-down-the-street-it-s-a-street-in-a-strange-world-maybe-it/) [Paul Simon](https://sms4smile.com/quotes/author/paul-simon/) > [Most paper money initially existed as a substitute for gold. 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