Why should people be obliged to use one kind of circulating medium to purchase another kind with, and then use this second kind to pay his debts to another party, who will sell it again to obtain what the first person used to purchase it?
Victoria C. Woodhull: “Why should people be obliged to use one kind of circulating medium to purchase another kind with, and then use this…”
Editor's note · Context
Woodhull questions the practicality of using multiple forms of currency for transactions, advocating for simplicity.
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