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Paper money has had the effect in your State that it ever will have,…

Quote byGeorge Washington · 1732–1799

Commonly attributed — not confirmed in an authoritative edition. Cited on Wikiquote to: Letter to Jabez Bowen (9 January 1787).

English (original)

Paper money has had the effect in your State that it ever will have, to ruin commerce—oppress the honest, and open a door to every species of fraud and injustice.

— George Washington

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