United States Congress Quotes

Let us sell merchandise to the Spanish and obtain from them gold and silver.

The Medium of Exchange, the only thing which gives life to Business, Employs the Poor, Feeds the Hungry, and Cloaths the Naked, is so Exhausted; that in a little time we shall not have wherewith to Buy our Daily Bread, much less to pay our Debts or Taxes

In all Sovereignties in Europe where Paper-Money was introduced, great Inconveniencies happened; upon canceling this Paper Medium all those Inconveniencies did vanish

If the United States assumes control of Iraq, it will therefore assume control of a badly battered economy

Hard times are with us; the country is distracted; very few things are marketable at a price above the cost of production; tens of thousands are out of employment; the jails, penitentiaries, workhouses and insane asylums are full; the gold reserve at Washington is sinking; the government is running … with a deficit in every department; a huge debt hangs like an appalling cloud over the country; … hungered and half-starved men are banding into armies marching toward Washington; the cry of distress is heard on every hand; business is paralyzed; commerce is at a standstill; riots and strikes prevail throughout the land; and Wall Street looks in vain for an excuse to account for the failure of prosperity to return since the repeal of the silver purchase act. .

The only consolation under the evil is, that the public debt is proportionately diminished by the depreciation; and this by a kind of imperceptible tax, every one having paid a part of it in the fall of value that took place between the receiving and paying such sums as passed through his hands… This effect of paper currency is not understood this side the water (Europe). And indeed the whole is a mystery even to the politicians, how we have been able to continue a war four years without money, and how we could pay with paper, that had no previously fixed fund appropriated specially to redeem it. This currency, as we manage it, is a wonderful machine. It performs its office when we issue it; it pays and clothes troops, and provides victuals and ammunition.

As a precious metal, silver is also money.

We all need a lot of humility, and especially about the economy.

The 'stuff' in novels touches on every aspect of the world and people's lives. That's what makes it so remarkable just how little there is in the novel about the world of money.

People have to start realizing that money is just a fiction, an idea.

Monetary policy is one of the most difficult topics in economics. But also, I believe, a topic of absolutely crucial importance for our prosperity.

Money is like poetry because both involve learning to communicate in a compressed language that packs a lot of meaning and consequence into the minimum semantic space.

I think the economics of this country is intricately linked to the politics of this country and the two cannot be separated.

Greece has to stay in the euro.

If the world's using bitcoin, governments won't be able to fund wars through inflation like they do today.

The Chinese government does not like people betting against the yuan.

The barriers that renewables and efficiency face come less from our living in a capitalist market economy and more from not taking market economics seriously.

I have read all that has been written by the gravest authorities on political economy on the subject of rent, wages, taxes, tithes.

Money is the general medium of exchange. It is the thing for which all other goods are traded, the means of final payment for such goods on the market.

Other things, like capitalism, free enterprise, the economy, currency, the market, are not forces of nature, we invented them. They are not immutable and we can change them.

To balance Fortune by a just expense, Join with Economy, Magnificence.

In nature's economy the currency is not money, it is life.

Economics are part of our life. We try to treat them separately, like over there is the economy and here is history. Econ affects history and history often doesn't get it right if it doesn't respect econ.

A 'mixed economy' is a society in the process of committing suicide.

The fully planned economy, so far from being unpopular, is warmly regarded by those who know it best.