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.orgLysander Spooner: “This prohibition upon the issue of all notes, except those issued, or specially licensed, by the government, is a…”
Editor's note · Context
He argues that prohibiting the issuance of currency by private entities restricts economic freedom.
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More from Lysander Spooner
The people considered their jurisprudence as a part of their inheritance.
Therefore all their laws, as they call them,--that is, all the laws of their own making,--have no color of authority or obligation.
They are every day committing errors, which would be crimes, but for their ignorance of the law.
It is also sheer impudence, on their part, to assume that their commands are at all necessary to teach other men what is, and what is not, justice.