Body Quote by Thomas Paine
“Paper money is like dram-drinking, it relieves for a moment by deceitful sensation, but gradually diminishes the natural heat, and leaves the body worse than it found it. Were not this the case, and could money be made of paper at pleasure, every sovereign in Europe would be as rich as he pleased. But the truth is, that it is a bubble and the attempt vanity. Nature has provided the proper materials for money: gold and silver, and any attempt of ours to rival her is ridiculous.”
About This Quote
Source Pamphlet: The Rights of Man, 1791
He argues paper money is a deceptive, temporary fix that erodes true value, whereas gold and silver are natural, stable wealth.
In simple terms: Paper money is a deceptive bubble; gold and silver are real wealth.
Prefer stable, tangible assets over fleeting paper.
Themes
Mood
Type
When to use this quote
- investment decisions
- policy debates
- personal finance
Key Concepts
Questions to Reflect On
- Is a shift to precious metals feasible today?
- What are the risks of relying on paper currency?
Paper money still dominates modern economies.