David Ricardo Quotes:
Ocupation: Economist
Life: April 18, 1772 - September 11, 1823
Birthday: April 18
Death: September 11
Experience, however, shows that neither a state nor a bank ever have [sic] had the unrestricted power of issuing paper money without abusing that power; in all states, therefore, the issue of paper money ought to be under some check and control; and none seems so proper for that purpose as that of subjecting the issuers of paper money to the obligation of paying their notes either in gold coin or bullion.
topic: Issues, Gold, Purpose, All State, Gold Coins
