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John Buchanan Robinson
American
May 23, 1846
Politician
Modern money is almost altogether credit money.
John Buchanan Robinson
Tags:
Money
Almost
Modern
There is no word more generally misinterpreted than the word egoism, in its modern sense.
John Buchanan Robinson
Tags:
More
Than
Sense
At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.
John Buchanan Robinson
Tags:
Because
Only
Present
Accordingly, when the supply of gold runs short, the security behind the notes is diminished, the loaning of notes is restricted or suspended, and the panic follows.
John Buchanan Robinson
Tags:
Behind
Security
Short
According to your sympathy, you will take pleasure in your own happiness or in the happiness of other people; but it is always your own happiness you seek.
John Buchanan Robinson
Tags:
Happiness
Sympathy
You
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
Tags:
Up
Never
Only
