On the record
So you see it is not the gold after all that makes a circulation good, but the sum total of all kinds of wealth.
Said by
Victoria C. Woodhull
Source
gutenberg.orgSo you see it is not the gold after all that makes a circulation good, but the sum total of all kinds of wealth.
Woodhull asserts that the overall wealth of a nation, rather than just gold, is what makes its currency effective.
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More from Victoria C. Woodhull
At no time since the close of the Revolutionary War has there been a time more fitting and inviting for such a work.
Gold is relatively valuable for the general uses it can be made to subserve; so, too, and only so, are all other products.
Thousands possessed of comprehensive principles in a semi state of application have sunk with them into obscurity for lack of appreciation and support.
Being so vastly in the majority, every office should be filled by them.