Political Quotes

On the record
It is true that the creditor may, by your laws, be compelled to take your money however much you depreciate it, but he cannot buy back that which he sold, or its equivalent in other necessaries of life, and thus he is cheated of part of what he sold.
Said by
John Sherman
Ohio

Editor's note · Context

Sherman explains how creditors are affected by currency depreciation, ultimately losing value on their sales.

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