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John Buchanan Robinson -
Currency
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At present, financial crises occur, chiefly because the paper
currency
is redeemable in gold only.
John Buchanan Robinson
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There is never enough gold to redeem all the
currency
in circulation.
John Buchanan Robinson
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When not only gold but all commodities are available for the redemption of the paper
currency
, its volume is limited only by the value of all the wealth of the country, and it can never become insecure up to this limit.
John Buchanan Robinson
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Paper
currency
has hitherto been regarded with suspicion, as insecure.
John Buchanan Robinson
Quote of the day
I was not sympathetic to the assumption that criminals had radically different motivations from everyone else.
Gary Becker
John Buchanan Robinson
Born:
May 23, 1846
Died:
January 28, 1933
(aged 86)
More about John Buchanan Robinson...
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