Political Quotes

Victoria C. Woodhull: “A very fallacious argument has been the rule, because gold has been considered “money,” that all currency is “credit;”…”

On the record
A very fallacious argument has been the rule, because gold has been considered “money,” that all currency is “credit;” this at first blush would seem to be still further strengthened by the proposition that gold is only merchandise.
Said by
Victoria C. Woodhull

Editor's note · Context

Woodhull critiques the assumption that all currency is merely credit because gold is viewed as money, challenging prevailing economic arguments.

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