If all the economists were laid end to end, they’d never reach a conclusion.
All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.
Whoever controls the volume of money in any country is absolute master of all industry and commerce.
America has global trade with plenty of nations that provide inexpensive labor, but it’s better for us when they’re in our own hemisphere, rather than sending that business halfway around the world.
Consumption is the sole end and purpose of all production; and the interest of the producer ought to be attended to, only so far as it may be necessary for promoting that of the consumer.
The earth only has so much bounty to offer and inventing ever larger and more notional prices for that bounty does not change its real value.
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