
“Many hold that by floating the dollar, Nixon converted the U.S. currency into pure “fiat money”—mere pieces of paper, intrinsically worthless, that were treated as money only because the United States government insisted that they should be.”
―
Debt: The First 5,000 Years
Share this quote:
Friends Who Liked This Quote
To see what your friends thought of this quote, please sign up!
2 likes
All Members Who Liked This Quote
This Quote Is From

26,225 ratings, average rating, 3,263 reviews
Open Preview
Browse By Tag
- love (101149)
- life (79141)
- inspirational (75686)
- humor (44279)
- philosophy (30886)
- inspirational-quotes (28802)
- god (26832)
- truth (24694)
- wisdom (24531)
- romance (24310)
- poetry (23201)
- life-lessons (22557)
- quotes (20927)
- death (20511)
- travel (19159)
- happiness (18925)
- hope (18497)
- faith (18350)
- inspiration (17275)
- spirituality (15665)
- relationships (15475)
- religion (15354)
- motivational (15263)
- life-quotes (15262)
- love-quotes (15085)
- writing (14924)
- success (14161)
- motivation (13109)
- time (12826)
- motivational-quotes (12084)