"Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants – but debt is the money of slaves."
–Norm Franz, Money and Wealth in the New Millenium
HT: Jim Sinclair
Lost and Found
5 hours ago
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2 comments:
Fair enough, one quote deserves another...
"Having behind us the commercial interests and the laboring interests and all the toiling masses, we shall answer their demands for a gold standard by saying to them, you shall not press down upon the brow of labor this crown of thorns. You shall not crucify mankind upon a cross of gold." - William Jennings Bryan
Bryan was not arguing against gold or sound money. He was arguing in favor of a bi-metal currency backed by both gold and silver. I know of few (if any) sound money advocates who would have an objection to that.
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