A Quote by James Madison

The circulation of confidence is better than the circulation of money. — © James Madison
The circulation of confidence is better than the circulation of money.
Let the influx of money be ever so great, if there be no confidence, property will sink in value... The circulation of confidence is better than the circulation of money.
The circulation of commodities is the original precondition of the circulation of money.
These numerous points at which money is withdrawn from circulation and accumulated in numerous individual hoards or potential money-capitals appears as so many obstacles to circulation, because they immobilise the money and deprive it of its capacity to circulate for a certain time.
If all bank loans were paid, there would not be a dollar of coin or currency in circulation. Someone has to borrow every dollar we have in circulation. We are absolutely without a permanent money system.
If a newspaper is to be of real service to the public, it must have a big circulation: first, because its news and its comments must reach the largest possible number of people; second, because circulation means advertising, and advertising means money, and money means independence.
Their constant yelping about a free press means, with a few honorable exceptions, freedom to peddle scandal, crime, sex, sensationalism, hate, innuendo and the political and financial uses of propaganda. A newspaper is a business out to make money through advertising revenue. That is predicated on the circulation and you know what circulation depends on.
The free circulation of citizens, which is sacrosanct, cannot become the free circulation of criminals.
If all the bank loans were paid, no one could have a bank deposit, and there would not be a dollar of coin or currency in circulation. This is a staggering thought. We are completely dependent on the commercial banks. Someone has to borrow every dollar we have in circulation, cash, or credit. If the banks create ample synthetic money we are prosperous; if not, we starve. We are absolutely without a permanent money system. When one gets a complete grasp of the picture, the tragic absurdity of our hopeless situation is almost incredible - but there it is.
For heaven's sakes, in the newspaper days, when we had competing newspapers, and the newsstands sale was as important as the circulation - as the agreed-upon circulation, whatever you call that - in those days, why, gosh, the sensationalism was tremendous.
I have a lot more energy than I used to have. I sleep better. I like the way I look in my clothes better. I don’t cramp as much. I exercise better. I think my circulation has gotten better.
Money possesses no value to the state other than that given to it by circulation.
Yes, exercise is the catalyst. That's what makes everything happen: your digestion, your elimination, your sex life, your skin, hair, everything about you depends on circulation. And how do you increase circulation?
GDP simply measures the circulation of money in the economy, not whether or not the outcome of using that money is positive or negative.
Flattery is a counterfeit money which, but for vanity, would have no circulation.
When depreciated, mutilated, or debased coinage (or currency) is in concurrent circulation with money of high value in terms of precious metals, the good money automatically disappears.
When I first prepared this particular talk... I realized that my usual approach is usually critical. That is, a lot of the things that I do, that most people do, are because they hate something somebody else has done, or they hate that something hasn't been done. And I realized that informed criticism has completely been done in by the web. Because the web has produced so much uninformed criticism. It's kind of a Gresham's Law-bad money drives the good money out of circulation. Bad criticism drives good criticism out of circulation. You just can't criticize anything.
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