On the record
This prohibition upon the issue of all notes, except those issued, or specially licensed, by the government, is a prohibition upon all freedom of industry and traffic.
Said by
Lysander Spooner
Source
gutenberg.orgThis prohibition upon the issue of all notes, except those issued, or specially licensed, by the government, is a prohibition upon all freedom of industry and traffic.
He argues that prohibiting the issuance of currency by private entities restricts economic freedom.
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More from Lysander Spooner
They do not tell us of the almshouses, hospitals, schools, churches, etc., which, out of the purest charity and benevolence, they maintain for our benefit, out of the money they take from us.
They do not tell us that we are the freest and happiest people on earth, inasmuch as each of our male adults is allowed one voice in ten millions in the choice of the men, who are to rob, enslave, and murder us.
They neither ask, nor expect, any mercy, if they should ever fall into the hands of honest men.
On the contrary, they acknowledge themselves robbers, murderers, and villains, pure and simple.