Thomas Paine: The Evils of Paper Money

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4 years ago
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history liberty end the fed sound money fiat money economics economy libertarian founders constitution 10th amendment

While most people associate support for sound money with founders like Thomas Jefferson and James Madison, in 1786 Thomas Paine issued a blistering attack on fiat money, writing that the “evils of paper money have no end.”

Path to Liberty: November 22, 2021

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