Some Considerations of the Lowering of Interest and Raising the Value of Money Quotes

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Some Considerations of the Lowering of Interest and Raising the Value of Money by John Locke
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Some Considerations of the Lowering of Interest and Raising the Value of Money Quotes Showing 1-2 of 2

“A Law cannot give to Bills that intrinsick Value, which the universal Consent of Mankind has annexed to Silver and Gold”
― John Locke, Some Considerations of the Lowering of Interest and Raising the Value of Money

tags: commodity-money, fiat-money, gold, money, silver

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“Tis in vain therefore to go about effectually to reduce the price of Interest by a Law; and you may as rationally hope to set a fixt Rate upon the Hire of Houses, or Ships, as of Money.”
― John Locke, Some Considerations of the Lowering of Interest and Raising the Value of Money

tags: interest, interest-rates, price-ceilings, price-fixing, price-floors

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Quotes By John Locke