A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.
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"A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank." — Ron Paul #moneywealth
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A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank. — Ron Paul
About Ron Paul
Ron Paul was a Politician from United States (1935–present).
Frequently Asked Questions
Who said "A system of capitalism presumes sound money, not fiat money manipulated by a ce…"?
This quote is attributed to Ron Paul, a Politician from United States.
When did Ron Paul live?
Ron Paul lived from 1935 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.