On the record
It makes the man of business an involuntary gambler, for in all sales where future payment is to be made both parties speculate as to what will be the value of the currency to be paid and received.
Source
gutenberg.orgUlysses S. Grant: “It makes the man of business an involuntary gambler, for in all sales where future payment is to be made both parties…”
Editor's note · Context
Grant describes how unstable currency forces businesspeople to gamble on future values.
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