Publisher's Synopsis
Excerpt from The Theory of Money and Banks Investigated
Tee reverse of what Hobbes, with as much jus tice as wit, says of words, may be said of bank notes: they are the money of wise men, and the counters of fools. When prudently and judicious ly used, they perform all the functions of money; but, when foolishly made cheap by excess, they are little better than counters, to mark how much has been lost by the gambling of the community.
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