"In the Colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. In this manner, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay no one."
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AphoristsEngineers from the United StatesFounding Fathers of the United States of AmericaElectrical engineersGovernors of Pennsylvania
Original Language: English
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Sources
Quoted in Money and Men by Robert McCann Rice (1941) but no prior source is extant.
https://en.wikiquote.org/wiki/Benjamin_Franklin
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Benjamin Franklin
1706 – 1790
US-amerikanischer Staatsmann, Naturwissenschaftler und Schriftsteller
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