Political Quotes

Lysander Spooner: “The bankers, therefore, have no motive for issuing more of them than will remain long enough in circulation, to earn so…”

On the record
The bankers, therefore, have no motive for issuing more of them than will remain long enough in circulation, to earn so much interest as will make it an object to issue them; the only motive for issuing them being to draw interest on them while they are in circulation.
Said by
Lysander Spooner

Editor's note · Context

Spooner argues that bankers are motivated to issue only as many notes as will earn interest.

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