Sep 3, 2008

George Washington on paper money

We may one day become a great commercial and flourishing nation. But if in the pursuit of the means we should unfortunately stumble again on unfunded paper money or similar species of fraud, we shall assuredly give a fatal stab to our national credit in its infancy.

~ George Washington

(Quoted by G. Edward Griffen, The Creature from Jekyll Island, page 323.)

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