Political Quotes

Thomas Paine: It is true, that it never was intended, neither was it foreseen, that the debt contained in the paper currency should…

On the record
It is true, that it never was intended, neither was it foreseen, that the debt contained in the paper currency should sink itself in this manner; but as by the voluntary conduct of all and of everyone it has arrived at this fate, the debt is paid by those who owed it.
Said by
Thomas Paine

Editor's note · Context

Paine acknowledges the unforeseen consequences of the paper currency's depreciation and its impact on debt.

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