Paper Money Quotes

34 quotes by 30 authors

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
Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power. — David Ricardo
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
Gold is unique because it has the age-old aspect of being viewed as a store of value. Nevertheless, itâ€™s still a commodity and has no… — Seth Klarman
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
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
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
More paper money cannot make a society richer, of course â€” it is just more printed paper. Otherwise, why is it that there are still… — Hans-Hermann Hoppe
When paper money systems begin to crack at the seams, the run to gold could be explosive. — Harry Browne
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
The history of paper money is an account of abuse, mismanagement, and financial disaster. — Richard Ebeling
We are in a world of irredeemable paper money - a state of affairs unprecedented in history. — John Exter
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
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
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
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
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
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
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
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: