Cheating Quote by Daniel Webster

Paper money has had the effect in your State that it ever will have, to ruin commerce, oppress the honest, and open a door…

— George Washington

Paper money eventually returns to its intrinsic value - zero.

— Anonymous

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,…

— Jacob G. Hornberger

If congress has the right under the Constitution to issue paper money, it was given them to use themselves, not to be delegated to…

— Andrew Jackson

We are in danger of being overwhelmed with irredeemable paper, mere paper, representing not gold nor silver; no sir, representing nothing but broken promises,…

— Daniel Webster

Nevertheless, if we contemplate a society with a somewhat stable wage-unit, with national characteristics which determine the propensity to consume and the preference for…

— John Maynard Keynes

A private enterprise system needs some measuring rod, it needs something, it needs money to make its transactions. You can't run a big complicated…

— Milton Friedman

What economic calculation requires is a monetary system whose functioning is not sabotaged by government interference.

— Ludwig von Mises

The first requisite of a sound monetary system is that it put the least possible power over the quantity or quality of money in…

— Henry Hazlitt

The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented.

— Josiah Stamp

The problem is that people really just don't care and they have been "educated" not to care about the monetary system: that it's boring,…

— Bernard von NotHaus

My agency in promoting the passage of the National Banking Act was the greatest mistake of my life. It has built up a monopoly…

— Salmon P. Chase