"The monetary experiments of Pennsylvania and its neighbors were by no means an unconsidered reaction to circumstance. They were extensively debated and had the energetic support of Benjamin Franklin, the most intelligent political man in the colonies and an ardent exponent of paper money. In 1729 he published his A Modest Enquiry into the Nature and Necessity of Paper Currency, a brief on behalf of paper currency... In 1736, Franklin's Pennsylvania Gazette printed an apology for its irregular appearance because its printer was "with the Press, labouring for the publick Good, to make Money more plentiful." The press was busy printing money."
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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
John Kenneth Galbraith, Money: Whence it Came, Where it Went (1975) Ch. V, Of Paper, p. 54
https://en.wikiquote.org/wiki/Benjamin_Franklin
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Benjamin Franklin
1706 â 1790
US-amerikanischer Staatsmann, Naturwissenschaftler und Schriftsteller
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