“I hold all idea of regulating the currency to be an absurdity; the very terms of regulating the currency and managing the currency I look upon to be an absurdity; the currency should regulate itself; it must be regulated by the trade and commerce of the world; I would neither allow the Bank of England nor any private banks to have what is called the management of the currency.”
Quote by Richard Cobden
Author
Richard Cobden
Richard Cobden was a British statesman known for his advocacy of free trade. Born on June 3, 1804, and died on April 2, 1865, he was a prominent member of the British Whig Party. Cobden championed reduced government intervention in the economy and the liberalization of trade between nations. more
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