Fiat Currency

Famous quotes containing the words fiat and/or currency:

“Then for the Style; Majestick and Divine,
It speaks no less than God in every Line:
Commanding words; whose Force is still the same
As the first Fiat that produc’d our Frame.”
—John Dryden (1631–1700)

“One of the reforms to be carried out during the incoming administration is a change in our monetary and banking laws, so as to secure greater elasticity in the forms of currency available for trade and to prevent the limitations of law from operating to increase the embarrassment of a financial panic.”
—William Howard Taft (1857–1930)