Best gold & paper-money Quotes | Short & Famous Sayings

“Experience, however, shows that neither a state nor a bank ever have [sic] had the unrestricted power of issuing paper money without abusing that power; in all states, therefore, the issue of paper money ought to be under some check and control; and none seems so proper for that purpose as that of subjecting the issuers of paper money to the obligation of paying their notes either in gold coin or bullion.”

States Shows Seems Purpose Issues Ought Paper Gold Notes Checks Obligation Coins Paper Money All State Gold Coins

Author:David Ricardo

“Of all the contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money.”

World Has Beens Class Mankind Paper Gold Cheating Monetary New World Order Monetary System Paper Money

Book:The Wisdom and Eloquence of Daniel Webster

Source: The Wisdom and Eloquence of Daniel Webster

“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.”

Source: The Political Writings of Thomas Paine: Secretary to the Committee of Foreign Affairs in the American Revolution : to which is Prefixed a Brief Sketch of the Author's Life

“From the inception of our nation our American ancestors intended for the United States to operate under a precious-metals monetary system or, more specifically, under a monetary system in which people used gold and silver coins rather than paper money as the media of exchange.”

People States Used Nations United United States Media Paper Gold Silver Metals Ancestor Coins Monetary Inception Gold And Silver Monetary System Paper Money Precious Metal

Author:Jacob G. Hornberger

“Welcome to the age of paper money, where governments and central banks can manufacture as much money as they want without limit. Gold was the last limit. Its banishment as a standard unleashed the inflation monster and leviathan itself, which has swelled beyond comprehension.”

Want Government Age Lasts Limits Paper Standards Gold Monsters Welcome Inflation Comprehension Central Banks Unleashed Leviathan Paper Money Banishment

Author:Llewellyn Rockwell

“There's nothing of any importance in life — except how well you do your work. Nothing. Only that. Whatever else you are, will come from that. It's the only measure of human value.”

People Trying Humans Wells Values Money Virtue Morality Paper Standards Ethics Gold Importance Code Throat Competence Human Values Rams Gold Standard Paper Money Fleece Swindlers Code Of Ethics

Author:Ayn Rand

“Gold is not less but more rational than paper money. Money holds value so long as it is in limited supply; gold will always be in limited supply, and would require real resources to produce even from the sea; paper and printing ink are not in limited supply. The gold system is much closer to a modern automatic scientific control system than the crude and relatively unstable system of paper.”

Long Real Values Sea Modern Produce Paper Resources Gold Rational Ink Printing Crude Unstable Paper Money Real Gold

Author:William E. Rees

“Gold is unique because it has the age-old aspect of being viewed as a store of value. Nevertheless, it’s still a commodity and has no tangible value, and so I would say that gold is a speculation. But because of my fear about the potential debasing of paper money and about paper money not being a store of value, I want some exposure to gold.”

Want Stills Age Values Paper Unique Aspect Gold Stores Nevertheless Commodity Speculation Exposure Tangible Paper Money

Author:Seth Klarman

“In the long run, the gold price has to go up in relation to paper money. There is no other way. To what price, that depends on the scale of the inflation - and we know that inflation will continue.”

Knows Way Long Running Depends Paper Gold Relation Scales Long Runs Inflation Paper Money Gold Price

Author:Nicholas Deak

“The history of paper money is an account of abuse, mismanagement, and financial disaster.”

Paper Gold Abuse Accounts Financial Disaster Paper Money Mismanagement Buying Gold

Author:Richard Ebeling

“We are in a world of irredeemable paper money - a state of affairs unprecedented in history.”

World States Paper Gold Affair Unprecedented Paper Money

Author:John Exter

“Start buying gold now, regardless of the price. By acting now, you will not have to react when it's too late. Too late will be when the majority of the public finally figures out what is happening to paper money and frantically tries to get aboard. Remember, if you're one of the ones holding paper in the end, you will have given away your products and services for nothing.”

Ifs Trying Ends Remember Given Acting Figures Products Paper Late Happenings Gold Majority Buying Too Late Paper Money Buying Gold Acting Now

Author:Robert Ringer

“The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper money (of whose value, as noted, they are right to be fearful). Gold, however, has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end.”

Ifs Stills Two Ends Use Purpose Values Huge Demand Paper Majors Gold Eternity Productions Significant Assets Categories Investors Fearful Incapable Utility Shortcomings Soaking Paper Money

Author:Warren Buffett

“Gold, unlike all other commodities, is a currency...and the major thrust in the demand for gold is not for jewelry. It's not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.”

Seems Demand Paper Majors Gold Currency Commodity Jewelry Thrust Deteriorating Paper Money

Author:Alan Greenspan

“To me the gold price takes the form of a very uncomplicated formula, and all you have to do is divide one by 'n.' And 'n', I'm glad you ask, 'n' is the world's trust in the institution of paper money and in the capacity of people like Ben Bernanke to manage it. So the smaller 'n', the bigger the price. One divided by a receding number is the definition of a bull market.”

People World Form Asks Numbers Paper Capacity Gold Bigger Institutions Definitions Glad Manage Divided Formulas Divides Bulls Uncomplicated Paper Money Bull Markets Gold Price

Author:James Grant

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