A Quote by Thomas Jefferson

Experience has proved to us that a dollar of silver disappears for every dollar of paper emitted.

Thomas Jefferson

Quote Topics

Disappears Dollar Every Experience Paper Proved Silver Us

Quote Author

Thomas Jefferson
American - President
April 13, 1743 - July 4, 1826

Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges.

Mark Skousen

So if you think America's politicians and citizens are willing to make the changes necessary to strengthen the U.S. dollar, then don't buy silver. But if you're like me and don't expect us, as a nation, to take our medicine, then short the dollar - and the way you short the currency is by going long on gold and silver.

Robert Kiyosaki

There is no doubt in my mind that as central banks begin to abandon the dollar, there will be an enormous amount of monetary demand for silver and the silver ratio will plummet. If you look at all of the monetary crises over the last 100 years, any time that there has been even a whiff of a collapse of the dollar, the silver ratio has soared.

Porter Stansberry

Every dollar that the boss did not work for, one of us worked for a dollar and didn't get it.

William C. Dudley

The easiest way to buy silver was to take a paper dollar to the bank and ask for change. So much coinage was disappearing from circulation that the government was forced to remove silver from U.S. coinage beginning in 1965.

Michael Maloney

I am concerned about the erraticness of the dollar. The dollar is up, the dollar is down. We print a lot of dollars. The dollar gets devalued. That is really the concern. If people think the gold price up and down is a reflection of something wrong with gold, no - I say it is something wrong with the dollar.

Ron Paul

Prior to 1968, the gullible gentiles could take a one dollar Federal Reserve note into any bank in America and redeem it for a dollar which was by law a coin containing 412 1/2 grains of 90 per cent silver. Up until 1933, one could have redeemed the same note for a coin of 25 4/5ths grains of 90 per cent gold. All we do is give the goy more non-redeemable notes, or else copper slugs. But we never give them their gold and silver. Only more paper.

Harold Wallace Rosenthal

The value of a dollar is to buy just things; a dollar goes on increasing in value with all the genius and all the virtue of the world. A dollar in a university is worth more than a dollar in a jail; in a temperate, schooled, law-abiding community than in some sink of crime, where dice, knives, and arsenic are in constant play.

Ralph Waldo Emerson

From 1949 to the present, for every dollar the US spent on an African, it spent $250.65 on an Israeli, and for every dollar it spent on someone from the Western Hemisphere outside the US, it spent $214 on an Israeli.

Ahdaf Soueif

In tough economic times, we have to make every dollar count, and studies have shown a return of up to $17 for every dollar invested in early childhood.

Shakira

Every dollar not spent is another dollar you have to reach the voters and convey a message.

Ted Cruz

Every dollar a foreigner spends over here directly subtracts a dollar from the trade deficit.

Stephen Moore

I've tried to give a dollar and 25 cents in work for every dollar paid me.

Casey Stengel

The good news is that a competitive dollar in the global market and a strong dollar at home are compatible in both the long run and during the transition to a more competitive dollar.

Martin Feldstein

If a woman earned a dollar by scrubbing, her husband had a right to take the dollar and go and get drunk with it and beat her afterwards. It was his dollar.