Fiat Money Quotes

“It is no coincidence that the century of total war coincided with the century of central banking.”
― Ron Paul, End the Fed

“Like all financial schemes, the Mississippi Scheme was constructed upon the volatile foundation of confidence. For the public to continue to use the Banque Royale’s banknotes, it had to remain confident that those banknotes would retain and represent their stated face value. And for the public to continue to invest in Mississippi Company shares, it had to remain confident that the prospects of the Mississippi Company justified the market price of the shares.”
― Gavin John Adams, John Law: The Lauriston Lecture and Collected Writings

“You think Bitcoin is costly, it is not! Your fiat currency is definitely overpriced and oversold.”
― Olawale Daniel

“A Law cannot give to Bills that intrinsick Value, which the universal Consent of Mankind has annexed to Silver and Gold”
― John Locke, Some Considerations of the Lowering of Interest and Raising the Value of Money

“John Law’s 'Money and Trade Considered' is the most influential but least acknowledged work in the history of economics.”
― Gavin John Adams, John Law: The Lauriston Lecture and Collected Writings

“Every time you use a banknote; every time you use a modern coin; every time you use a credit card or debit card; every time you use internet banking; every time you use any modern crypto currency; every time you use a gift voucher; every time you use a poker chip; in fact, every time you enter into any form of transaction that does not rely on bartering, each such transaction has its ideological origins in John Law’s idea that money need have no intrinsic value.”
― Gavin John Adams, John Law: The Lauriston Lecture and Collected Writings

“Inflation is caused by money printing. Period.”
― Daniella Liberati, Beyond Money: Regaining Sovereignty, Rediscovering Humanity