Built Quote by Josiah Warren
“This circulating medium has a natural tendency to lessen by degrees the value and the use of money, and finally to render it powerless; and consequently to sweep away all the crushing masses of fraud, iniquity, cruelty, corruption and imposition that are built upon it.”
About This Quote
Source Essay: "The Philosophy of Money" (1840)
Money’s medium erodes its value and can enable widespread corruption, but eventually it can be stripped of power, exposing societal .
In simple terms: Money loses value and can hide corruption.
Guard against overreliance on money.
Themes
Mood
Type
When to use this quote
- financial planning
- policy reform
- personal budgeting
Key Concepts
Questions to Reflect On
- What alternatives to money can reduce corruption?
- How can societies protect against monetary abuse?
Money alone cannot solve moral decay.