And this quote by George Washington, also selected by ZH, but that I want to carbon copy here along some other fitting quotes:
"Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice"
George Washington -- in a letter to Jabez Bowen, Rhode Island
“The first panacea for a mismanaged nation is inflation of the currency; the second is war. Both bring a temporary prosperity; both bring permanent ruin”
Dr. Marc Faber quoting Ernest Hemingway in the CFA Institute Middle East Investment Conference
Napoleon Bonaparte
"I will pay cash or pay nothing." "I will never resort to irredeemable paper money"
"Let me issue and control a Nation's money and I care not who makes its laws"
Mayer Amschel Bauer Rothschild
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