A system of capitalism presumes sound money, not f...

A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.

-Ron Paul

A system of capitalism presumes sound money, not f... meanings

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Frequently Asked Questions (FAQ)

Who said "A system of capitalism presumes sound money, not f... "?

"A system of capitalism presumes sound money, not f... " is one of a famous quotes by Ron Paul. Complete quote is as follows;
"A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank."

What is "A system of capitalism presumes sound money, not f... "?

"A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank." This is a quote by Ron Paul which is about . He is known to have been associated with numerous other thought provoking quotes on these topics like;

  • After you're older, two things are possibly more important than any others: health and money.
"

What does "A system of capitalism presumes sound money, not f... " mean?

This quote is primarily about money although it also includes other themes like . It is attributed to Ron Paul. Complete quote is as follows;
"A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank."