Quotation
Quote by Falconer Larkworthy
It’s the duty of the State and the State alone to issue as much currency as the community needs.
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Understanding this quote
The speaker says that issuing currency should be the sole responsibility of the State, rather than a shared or private function. The amount issued should match what the community needs. In plain terms, the quote argues for central public control over the supply of money.
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- Source
- Grey River Argus (Papers Past, National Library of New Zealand)
- Format
- Article
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