--- title: "Meaning & Key Takeaway of: If congress has the right under the…" description: "\"If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corpo..." image: "https://sms4smile.com/quotes/i/61c/andrew-jackson-2317_bankers_if-congress-has-the-right-under-the-cons_1211688.png" --- # If congress has the right under the Constitution to issue… ![“If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations.” quote by Andrew Jackson](https://sms4smile.com/quotes/i/61c/andrew-jackson-2317_bankers_if-congress-has-the-right-under-the-cons_1211688.png) [Download](https://sms4smile.com/quotes/i/61c/andrew-jackson-2317_bankers_if-congress-has-the-right-under-the-cons_1211688.png) [Open image](https://sms4smile.com/quotes/i/61c/andrew-jackson-2317_bankers_if-congress-has-the-right-under-the-cons_1211688.png) > “If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to individuals or corporations.” [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The Constitution grants Congress authority over paper money for its own use, not to delegate that power to private entities. **In simple terms:** Congress controls paper money, not private hands. Key Takeaway Guard public monetary authority. Themes government money constitution fiscal policy Mood cautious analytical Type political economic When to use this quote - budget planning - policy advocacy - financial regulation - public debate Key Concepts political theory economics Questions to Reflect On - Should monetary power be decentralized? - How does this affect modern banking? A Different Perspective Modern finance complicates direct control. ★ ★ ★ ★ ★ No ratings yet [Bankers](https://sms4smile.com/quotes/about/bankers/) [Banking](https://sms4smile.com/quotes/about/banking/) [Central banking](https://sms4smile.com/quotes/about/central-banking/) [Congress](https://sms4smile.com/quotes/about/congress/) [Constitution](https://sms4smile.com/quotes/about/constitution/) [Corporations](https://sms4smile.com/quotes/about/corporations/) [Federal reserve](https://sms4smile.com/quotes/about/federal-reserve/) [Government](https://sms4smile.com/quotes/about/government/) [Historical](https://sms4smile.com/quotes/about/historical/) [Individual](https://sms4smile.com/quotes/about/individual/) [Issues](https://sms4smile.com/quotes/about/issues/) [Monetary system](https://sms4smile.com/quotes/about/monetary-system/) [Money](https://sms4smile.com/quotes/about/money/) [New world order](https://sms4smile.com/quotes/about/new-world-order/) [Paper money](https://sms4smile.com/quotes/about/paper-money/) ## Related quotes > [There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency.](https://sms4smile.com/quotes/john-maynard-keynes/there-is-no-subtler-no-surer-means-of-overturning-the-existing-basis/) [John Maynard Keynes](https://sms4smile.com/quotes/author/john-maynard-keynes/) > [Lenin is said to have declared that the best way to destroy the Capitalistic System was to debauch the currency. . . 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There is not a man within the sound of…](https://sms4smile.com/quotes/louis-thomas-mcfadden/the-federal-reserve-is-one-of-the-most-corrupt-institutions-the-world/) [Louis Thomas McFadden](https://sms4smile.com/quotes/author/louis-thomas-mcfadden/) > [And who can suffer injury by just taxation, impartial laws and the application of the Jeffersonian doctrine of equal rights to all and special…](https://sms4smile.com/quotes/william-jennings-bryan/and-who-can-suffer-injury-by-just-taxation-impartial-laws-and-the/) [William Jennings Bryan](https://sms4smile.com/quotes/author/william-jennings-bryan/) > [The Government should create, issue, and circulate all the currency and credits needed to satisfy the spending power of the Government and the buying…](https://sms4smile.com/quotes/abraham-lincoln/the-government-should-create-issue-and-circulate-all-the-currency-and/) [Abraham Lincoln](https://sms4smile.com/quotes/author/abraham-lincoln/) > [ The issuing power \[of money\] should be taken from the banks and restored to the people, to whom it properly belongs. ](https://sms4smile.com/quotes/thomas-jefferson/the-issuing-power-of-money-should-be-taken-from-the-banks-and/) [Thomas Jefferson](https://sms4smile.com/quotes/author/thomas-jefferson/) > [We have come to be one of the worst ruled, one of the most completely controlled and dominated Governments in the world.](https://sms4smile.com/quotes/woodrow-wilson/we-have-come-to-be-one-of-the-worst-ruled-one-of-the-most-completely/) [Woodrow Wilson](https://sms4smile.com/quotes/author/woodrow-wilson/) > [Having examined the nature of fractional reserve and of central banking, and having seen how the questionable blessings of Central Banking were fastened upon…](https://sms4smile.com/quotes/murray-rothbard/having-examined-the-nature-of-fractional-reserve-and-of-central/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [Of all the contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money.](https://sms4smile.com/quotes/daniel-webster/of-all-the-contrivances-for-cheating-the-laboring-classes-of-mankind/) [Daniel Webster](https://sms4smile.com/quotes/author/daniel-webster/) > [From the inception of our nation our American ancestors intended for the United States to operate under a precious-metals monetary system or, more specifically,…](https://sms4smile.com/quotes/jacob-g-hornberger/from-the-inception-of-our-nation-our-american-ancestors-intended-for/) [Jacob G. Hornberger](https://sms4smile.com/quotes/author/jacob-g-hornberger/) > [Paper money eventually returns to its intrinsic value - zero.](https://sms4smile.com/quotes/anonymous/paper-money-eventually-returns-to-its-intrinsic-value-zero/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [Paper money has had the effect in your State that it ever will have, to ruin commerce, oppress the honest, and open a door…](https://sms4smile.com/quotes/george-washington/paper-money-has-had-the-effect-in-your-state-that-it-ever-will-have/) [George Washington](https://sms4smile.com/quotes/author/george-washington/) > [We have the Second Amendment, but no privilege or right under the U.S. Constitution is unlimited.](https://sms4smile.com/quotes/bob-menendez/we-have-the-second-amendment-but-no-privilege-or-right-under-the-u-s/) [Bob Menendez](https://sms4smile.com/quotes/author/bob-menendez/) ## More by Andrew Jackson > [Disunion by force is treason.](https://sms4smile.com/quotes/andrew-jackson/disunion-by-force-is-treason/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [Peace, above all things, is to be desired, but blood must sometimes be spilled to obtain it on equable and lasting terms.](https://sms4smile.com/quotes/andrew-jackson/peace-above-all-things-is-to-be-desired-but-blood-must-sometimes-be/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [It is a well-settled principle of the international code that where one nation owes another a liquidated debt which it refuses or neglects to…](https://sms4smile.com/quotes/andrew-jackson/it-is-a-well-settled-principle-of-the-international-code-that-where/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [Desperate courage makes One a majority.](https://sms4smile.com/quotes/andrew-jackson/desperate-courage-makes-one-a-majority/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [The great constitutional corrective in the hands of the people against usurpation of power, or corruption by their agents is the right of suffrage;…](https://sms4smile.com/quotes/andrew-jackson/the-great-constitutional-corrective-in-the-hands-of-the-people/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [“The mischief springs from the power which the monied interest derives from a paper currency which they are able to control, from the multitude…](https://sms4smile.com/quotes/andrew-jackson/the-mischief-springs-from-the-power-which-the-monied-interest-derives/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [Mere precedent is a dangerous source of authority.](https://sms4smile.com/quotes/andrew-jackson/mere-precedent-is-a-dangerous-source-of-authority/) [Andrew Jackson](https://sms4smile.com/quotes/author/andrew-jackson/) > [Temporize not! 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