Paper Money Quotes
34 quotes by 30 authors
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The monetary managers are fond of telling us that they have substituted 'responsible money management' for the gold standard. But there is no historic record…
— Henry Hazlitt
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Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.
— David Ricardo
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Gold is not less but more rational than paper money. Money holds value so long as it is in limited supply; gold will always be…
— William E. Rees
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Gold is unique because it has the age-old aspect of being viewed as a store of value. Nevertheless, it’s still a commodity and has no…
— Seth Klarman
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That paper money has some advantages is admitted. But that its abuses also are inevitable and, by breaking up the measure of value, makes a…
— Thomas Jefferson
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Mere opinions, in fact, were as likely to govern people's actions as hard evidence, and were subject to sudden reversals as hard evidence could never…
— Kurt Vonnegut
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But if in the pursuit of the means we should unfortunately stumble again on unfunded paper money or any similar species of fraud, we shall…
— George Washington
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More paper money cannot make a society richer, of course — it is just more printed paper. Otherwise, why is it that there are still…
— Hans-Hermann Hoppe
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When paper money systems begin to crack at the seams, the run to gold could be explosive.
— Harry Browne
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In the long run, the gold price has to go up in relation to paper money. There is no other way. To what price, that…
— Nicholas Deak
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The history of paper money is an account of abuse, mismanagement, and financial disaster.
— Richard Ebeling
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We are in a world of irredeemable paper money - a state of affairs unprecedented in history.
— John Exter
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Start buying gold now, regardless of the price. By acting now, you will not have to react when it's too late. Too late will be…
— Robert Ringer
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The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper money (of whose…
— Warren Buffett
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Gold, unlike all other commodities, is a currency...and the major thrust in the demand for gold is not for jewelry. It's not for anything other…
— Alan Greenspan
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To me the gold price takes the form of a very uncomplicated formula, and all you have to do is divide one by 'n.' And…
— James Grant
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Paper money is made of cotton, and I'm long cotton, by the way. One reason I'm long cotton is because Dr. Bernanke is out there…
— Jim Rogers
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True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the way to credit…
— Ludwig von Mises
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There are a set of men who go about making purchases upon credit, and buying estates they have not wherewithal to pay for; and having…
— Thomas Paine
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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…
— Thomas Paine
Who Wrote These Paper Money Quotes
30 authors contributed a total of 34 Paper Money Quotes, led by these top contributors: