"The government should create, issue and circulate all the currency and credit needed to satisfy the spending power of the government and the buying power of consumers..... The privilege of creating and issuing money is not only the supreme prerogative of Government, but it is the Government's greatest creative opportunity. By the adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government. Money will cease to be the master and become the servant of humanity. Democracy will rise superior to the money power."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Attributed to Abraham Lincoln. These are not Lincoln's own words, but just Gerry McGeer's interpretation of Lincoln's policy. {{cite book
https://en.wikiquote.org/wiki/Money
Revision History
No revisions have been submitted for this quote.
Categories
Money
333 quotes on TrueQuotesView all quotes by Money →
Related Quotes
"Raha auttaa helvetin porttiin saakka. (Oripää, Varsinais-Suomi) (KRA)"
"Ei rahal sieluu ol. (Lohja, Uusimaa) (KRA)"
"L’intérêt d’argent est la grande épreuve des petits caractères, mais ce n’est encore que la plus petite pour les cara…"
"All the perplexities, confusions, and distresses in America arise, not from defects in their constitution or confeder…"
"Money, now this has to be some good shit."
"The usual definition of the functions of money are that money is a medium of exchange, a measure of value, a standard…"
"Plato said that virtue has no master. If a person does not honor this principle and rejoice in it, but is purchasable…"
"If you make money your god, it will plague you like the devil."
"Money makes the man."
"This planet has — or rather had — a problem, which was this: most of the people living on it were unhappy for pretty …"