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A Quote by Thomas Paine on money, fiat currency, fraud, credit, value, debase, moral, and wealth

Paper money is like dram-drinking, it relieves for a moment by deceitful sensation, but gradually diminishes the natural heat, and leaves the body worse than it found it. Were not this the case, and could money be made of paper at pleasure, every sovereign in Europe would be as rich as he pleased. But the truth is, that it is a bubble and the attempt vanity. Nature has provided the proper materials for money: gold and silver, and any attempt of ours to rival her is ridiculous….

Thomas Paine : American revolutionary, political philosopher & writer
Thomas Paine (1737 - 1809)
Source: http://www.mises.org/story/2942
Contributed by: peter. More quotes added by peter from all sources
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More quotes about: money, fiat currency, fraud, credit, value, debase, moral, wealth
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