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Quote#Money & Wealth

[G]overnments are not producers, they have no commodities on their…

Quote byThomas Hodgskin · 1787–1869

Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Popular Political Economy: Four lectures delivered at the London Mechanics Institution (1827), p. 212.

English (original)

[G]overnments are not producers, they have no commodities on their road to the market, and can have no claim whatever to issue paper-money. Even exchequer bills are wrong,…

— Thomas Hodgskin

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