Political Quotes

Lysander Spooner: The governments of Europe, acting through the monarch, or the legislature, according to the distribution of powers under…

On the record
The governments of Europe, acting through the monarch, or the legislature, according to the distribution of powers under their respective constitutions, had, and have, as sovereign a power of issuing paper money as of stamping coin.
Said by
Lysander Spooner

Editor's note · Context

Spooner compares the sovereign power of European governments to issue currency with that of the United States.

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