Bounds Quote by Thomas Jefferson
“We shall all consider ourselves unauthorized to saddle posterity with our debts, and morally bound to pay them ourselves; and consequently within what may be deemed the period of a generation, or the life of the majority.”
About This Quote
Source Letter: Personal Correspondence, 1795
He argues that each generation should repay its own debts rather than burden future ones.
In simple terms: Pay your own debts, not future generations'.
Key Takeaway
Take responsibility for current obligations.
Themes
responsibility
generational ethics
financial prudence
Mood
thoughtful
serious
Type
philosophical
political
When to use this quote
- budget planning
- policy making
- family finance
Key Concepts
moral duty
intergenerational justice
Questions to Reflect On
- How can societies ensure fair debt distribution?
- What mechanisms prevent passing debt to future generations?
A Different Perspective
Historical context may differ from modern economies.
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