Political Quotes

Andrew Jackson: “Variableness must ever be the characteristic of a currency of which the precious metals are not the chief ingredient, or…”

On the record
Variableness must ever be the characteristic of a currency of which the precious metals are not the chief ingredient, or which can be expanded or contracted without regard to the principles that regulate the value of those metals as a standard in the general trade of the world.
Said by
Andrew Jackson
Democratic · Tennessee

Editor's note · Context

Jackson warns that a currency lacking precious metals will always be unstable and variable.

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