On the record
Congress has evidently just as much right to increase the value of the dollar, after a contract has been made, as it has to reduce its value.
Said by
Lysander Spooner
Source
gutenberg.orgLysander Spooner: “Congress has evidently just as much right to increase the value of the dollar, after a contract has been made, as it has…”
Editor's note · Context
Spooner claims Congress has equal authority to increase or decrease the value of currency post-contract.
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More from Lysander Spooner
They neither ask, nor expect, any mercy, if they should ever fall into the hands of honest men.
They do not attempt to deceive us, or mislead us, or reconcile us to their doings, by any such pretences, impostures, or insults as these.
They do not tell us that we are the freest and happiest people on earth, inasmuch as each of our male adults is allowed one voice in ten millions in the choice of the men, who are to rob, enslave, and murder us.
They do not carry their heads high, above all other men, and demand our reverence and admiration, as statesmen, patriots, and benefactors.