Charles Sumner: “Nothing exists to prevent excess and consequent depreciation; and this…”

On the record

Nothing exists to prevent excess and consequent depreciation; and this danger is verified by history.

Said by

Massachusetts

Source

Sumner warns of the dangers of excess issuance of money leading to depreciation, supported by historical evidence.

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Other voices in this conversation

Charles Sumner: “Nothing exists to prevent excess and consequent depreciation; and this danger is verified by history.”