On the record
This prohibition upon the issue of all notes, except those issued, or specially licensed, by the government, is a prohibition upon all freedom of industry and traffic.
Said by
Lysander Spooner
Source
gutenberg.orgLysander Spooner: “This prohibition upon the issue of all notes, except those issued, or specially licensed, by the government, is a…”
Editor's note · Context
He argues that prohibiting the issuance of currency by private entities restricts economic freedom.
Share
More from Lysander Spooner
Juries would refuse to enforce a tax against a man who had never agreed to pay it.
All other laws, it is optional with each man to obey, or not, as he may choose.
They cannot claim or expect that the whole people shall practise the folly of taking on trust their pretended superior knowledge, and of committing blindly into their hands all their own interests, liberties, and rights, to be disposed of…
It was simply, that they would neither convict the innocent, nor acquit the guilty.