Accumulating Quote by Alexander Hamilton
![“[S]ound policy condemns the practice of accumulating debts.” quote by Alexander Hamilton](https://sms4smile.com/quotes/img-quotes/fa7/alexander-hamilton-619_debt_s-ound-policy-condemns-the-practice-of-a_1443087.jpg)
“[S]ound policy condemns the practice of accumulating debts.”
About This Quote
Source Founding Father: The Federalist Papers, 1788
Sound fiscal policy opposes accumulating debt, urging responsible budgeting.
In simple terms: Avoid debt for financial health.
Key Takeaway
Practice prudent budgeting.
Themes
finance
responsibility
policy
Mood
cautious
analytical
Type
economic
philosophical
When to use this quote
- government budgeting
- personal finance planning
Key Concepts
public debt
economic stability
Questions to Reflect On
- When is debt justified?
- How to balance investment and debt?
A Different Perspective
Debt can be used strategically in crises.
![“Debts and lies are generally mixed together. [Fr., Debtes et mensonges sont ordinairement ensemble rallies.]” quote by Francois Rabelais](https://sms4smile.com/quotes/img-quotes/a09/francois-rabelais-2038_debt_debts-and-lies-are-generally-mixed-toget_295109.jpg)
![“Accumulating knowledge is a form of avarice and lends itself to another version of the Midas story ...man [is] so avid for knowledge that everything that he touches turns to facts; his faith becomes theology; his love becomes lechery; his wisdom becomes science; pursuing meaning, he ignores truth.” quote by Malcolm Muggeridge](https://sms4smile.com/quotes/img-quotes/8e6/malcolm-muggeridge-2370_accumulating_accumulating-knowledge-is-a-form-of-avar_566709.jpg)
![“[W]ar is a question, under our constitution, not of Executive, but of Legislative cognizance. It belongs to Congress to say whether the Nation shall of choice dismiss the olive branch and unfurl the banners of War.” quote by Alexander Hamilton](https://sms4smile.com/quotes/img-quotes/bd8/alexander-hamilton-619_banner_w-ar-is-a-question-under-our-constitutio_33383.jpg)
![“It is one thing to be subordinate to the laws, and another [for the Executive] to be dependent on the legislative body. The first comports with, the last violates, the fundamental principles of good government; and, whatever may be the forms of the Constitution, unites all power in the same hands.” quote by Alexander Hamilton](https://sms4smile.com/quotes/img-quotes/be4/alexander-hamilton-619_body_it-is-one-thing-to-be-subordinate-to-the_129196.jpg)
