Nov 25, 2008

Alexander Hamilton on Fiat Money

To emit an unfunded paper as the sign of value ought not to continue a formal part of the constitution, nor ever hereafter to be employed; being, in its nature, repugnant with abuses and libel to be made the engine of imposition and fraud.

~ Alexander Hamilton, as quoted in G. Edward Griffin, The Creature from Jekyll Island, page 316

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