"The privilege of creating and issuing money..." - Quote by Abraham Lincoln
The privilege of creating and issuing money is not only the supreme prerogative of government, but it is the government's greatest creative opportunity.
More by Abraham Lincoln
“The enthusiastic uprising of the people in our cause, is our great reliance; and we can not safely give it any check, even thoughit overflows, and runs in channels not laid down in any chart.”
“Labor is prior to, and independent of, capital. Capital is only the fruit of labor, and could never have existed if labor had not first existed. Labor is the superior of capital, and deserves much the higher consideration.”
“Determine that the thing can and shall be done and then... find the way.”
More on Government
“I said to one young activist who herself was the daughter of an undocumented worker, and so could speak from a very personal and legitimate perspective - I remember saying to her: I agree with you, from a moral perspective, that a child from Honduras is worth the same as my daughter. God is not a respecter of boundaries; he's not saying that American kids deserve a better life than Honduran kids. But I'm the president of the United States, and the nation-state by definition means that boundaries mean something and borders mean something.”
“Government, like dress, is the badge of lost innocence; the palaces of kings are built on the ruins of the bowers of paradise.”
“Your profits are going to be cut down to a reasonably low level by taxation. Your income will be subject to higher taxes. Indeed in these days, when every available dollar should go to the war effort, I do not think that any American citizen should have a net income in excess of $25,000 per year after payment of taxes.”
More on Money
“I went to the circus, and loafed around the back side till the watchman went by, and then dived in under the tent. I had my twenty-dollar gold piece and some other money, but I reckoned I better save it.... I ain't opposed to spending money on circuses, when there ain't no other way, but there ain't no use in wasting it on them.”
“If you hope to be independent when there is money, you'll never reach it. On this world, humans can only safely have the knowledge, experience and ability”
“Money possesses no value to the state other than that given to it by circulation.”