--- title: "Meaning & Key Takeaway of: The Jacksonians were not monetary…" description: "\"The Jacksonians were not monetary nationalists; specie was specie, and they saw no reason that foreign gold or silver coins should not circulate with t..." image: "https://sms4smile.com/quotes/i/fb6/murray-rothbard-1563_gold_the-jacksonians-were-not-monetary-nation_2129385.jpg" --- # The Jacksonians were not monetary nationalists; specie was… ![“The Jacksonians were not monetary nationalists; specie was specie, and they saw no reason that foreign gold or silver coins should not circulate with the same full privileges as American-minted coins.” quote by Murray Rothbard](https://sms4smile.com/quotes/i/fb6/murray-rothbard-1563_gold_the-jacksonians-were-not-monetary-nation_2129385.jpg) [Download](https://sms4smile.com/quotes/i/fb6/murray-rothbard-1563_gold_the-jacksonians-were-not-monetary-nation_2129385.jpg) [Open image](https://sms4smile.com/quotes/i/fb6/murray-rothbard-1563_gold_the-jacksonians-were-not-monetary-nation_2129385.jpg) > “The Jacksonians were not monetary nationalists; specie was specie, and they saw no reason that foreign gold or silver coins should not circulate with the same full privileges as American-minted coins.” [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The Jacksonians treated foreign coins like domestic ones, rejecting monetary nationalism. **In simple terms:** They accepted foreign gold and silver as equal to American coins. Key Takeaway Treat all legal tender equally. Themes monetary policy nationalism currency libertarianism history Mood analytical critical Type historical economic When to use this quote - policy debates - historical analysis - currency reform - education - advocacy Key Concepts free market economics property rights monetary sovereignty Questions to Reflect On - How would equal treatment affect modern monetary policy? - What challenges arise in a globalized currency market? 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They were made of kindness, and silver.](https://sms4smile.com/quotes/markus-zusak/liesel-observed-the-strangeness-of-her-foster-father-s-eyes-they-were/) [Markus Zusak](https://sms4smile.com/quotes/author/markus-zusak/) > [Luckily, the bullet that hit my chest never got to me. It was stopped by a silver case I got for my brother's wedding.](https://sms4smile.com/quotes/james-doohan/luckily-the-bullet-that-hit-my-chest-never-got-to-me-it-was-stopped/) [James Doohan](https://sms4smile.com/quotes/author/james-doohan/) ## More by Murray Rothbard > [I think one of the most important directions to be pursued in the 'sciences of human action' is to develop a natural-law ethics based…](https://sms4smile.com/quotes/murray-rothbard/i-think-one-of-the-most-important-directions-to-be-pursued-in-the/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [Since the State necessarily lives by the compulsory confiscation of private capital, and since its expansion necessarily involves ever-greater incursions on private individuals and…](https://sms4smile.com/quotes/murray-rothbard/since-the-state-necessarily-lives-by-the-compulsory-confiscation-of/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [Falling prices through increased production is a wonderful long-run tendency of untrammeled capitalism.](https://sms4smile.com/quotes/murray-rothbard/falling-prices-through-increased-production-is-a-wonderful-long-run/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [To deprecate human reason by saying that none of us is or can be omniscient is absurd, for it takes an impossible standard as…](https://sms4smile.com/quotes/murray-rothbard/to-deprecate-human-reason-by-saying-that-none-of-us-is-or-can-be/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [Cops must be unleashed, and allowed to administer instant punishment, subject of course to liability when they are in error.](https://sms4smile.com/quotes/murray-rothbard/cops-must-be-unleashed-and-allowed-to-administer-instant-punishment/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [Subjectivism is not an absolute principle; it is a necessary but not sufficient condition for sound methodology.](https://sms4smile.com/quotes/murray-rothbard/subjectivism-is-not-an-absolute-principle-it-is-a-necessary-but-not/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [We must therefore turn to history for enlightenment; here we find that none of the proclaimed anarchist groups correspond to the libertarian position, that…](https://sms4smile.com/quotes/murray-rothbard/we-must-therefore-turn-to-history-for-enlightenment-here-we-find-that/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [John Stuart was the quintessence of soft rather than hardcore, a woolly minded man of mush in striking contrast to his steel-edged father.](https://sms4smile.com/quotes/murray-rothbard/john-stuart-was-the-quintessence-of-soft-rather-than-hardcore-a/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [What do intellectuals and opinion makers get from big government? 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Man may achieve liberty and abundance, freedom…](https://sms4smile.com/quotes/murray-rothbard/absolute-freedom-need-not-be-lost-as-the-price-we-must-pay-for-the-2/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) > [The underconsumptionist of 1819 believed that consumption would be stimulated by tariffs, while the underconsumptionist of a later day urged monetary expansion as the…](https://sms4smile.com/quotes/murray-rothbard/the-underconsumptionist-of-1819-believed-that-consumption-would-be/) [Murray Rothbard](https://sms4smile.com/quotes/author/murray-rothbard/) [Explore all 227 Murray Rothbard quotes ](https://sms4smile.com/quotes/author/murray-rothbard/) ## More Gold quotes > [These joys were so trifling as to be as imperceptible as grains of gold among the sand, and in moments of depression she saw…](https://sms4smile.com/quotes/leo-tolstoy/these-joys-were-so-trifling-as-to-be-as-imperceptible-as-grains-of/) [Leo Tolstoy](https://sms4smile.com/quotes/author/leo-tolstoy/) > [Most paper money initially existed as a substitute for gold. 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First I show you but a quarter, Like the bow that guards…](https://sms4smile.com/quotes/jonathan-swift/i-with-borrow-d-silver-shine-what-you-see-is-none-of-mine-first-i/) [Jonathan Swift](https://sms4smile.com/quotes/author/jonathan-swift/) > [Surely, God could have caused birds to fly with their bones made of solid gold, with their veins full of quicksilver, with their flesh…](https://sms4smile.com/quotes/galileo-galilei/surely-god-could-have-caused-birds-to-fly-with-their-bones-made-of/) [Galileo Galilei](https://sms4smile.com/quotes/author/galileo-galilei/) > [Ring out false pride in place and blood, The civic slander and the spite; Ring in the love of truth and right, Ring in…](https://sms4smile.com/quotes/alfred-the-great/ring-out-false-pride-in-place-and-blood-the-civic-slander-and-the/) [Alfred the Great](https://sms4smile.com/quotes/author/alfred-the-great/) > [Just as the setting sun turned the clouds to liquid gold.](https://sms4smile.com/quotes/michael-ende/just-as-the-setting-sun-turned-the-clouds-to-liquid-gold/) [Michael Ende](https://sms4smile.com/quotes/author/michael-ende/) > [No matter what. 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