Source: Seven Great Statesmen in the Warfare of Humanity with Unreason (1915), p. 170-171
Context: Turgot's attempt... showed how the results that had followed Law's issues of paper money must follow all such issues. As regards currency inflation, Turgot saw that the issue of paper money beyond the point where it is convertible into coin is the beginning of disaster—that a standard of value must have value, just as a standard of length must have length, or a standard of capacity, capacity, or a standard of weight, weight. He showed that if a larger amount of the circulating medium is issued than is called for by the business of the country, it will begin to be discredited, and that paper, if its issue be not controlled by its relation to some real standard of value, inevitably depreciates no matter what stamp it bears. Turgot developed his argument [on currency inflation] with a depth, strength, clearness, and breadth, which have amazed every dispassionate reader from that day to this. It still remains one of the best presentations of this subject ever made; and what adds to our wonder is that it was not the result of a study of authorities, but was worked out wholly from his own observation and thought. Up to this time there were no authorities and no received doctrine on the subject; there were simply records of financial practice more or less vicious; it was reserved for this young student, in a letter not intended for publication, to lay down for the first time the great law in which the modern world, after all its puzzling and costly experiences, has found safety.
Source: How to Survive the End of the World as We Know It, Plume, New York (2009), p. 14
To the House of Commons (30 October, 1990). http://www.margaretthatcher.org/speeches/displaydocument.asp?docid=108234
Respectfully Quoted says this is "obviously spurious", noting that the OED's earliest citation for the word "deflation" is from 1920. The earliest known appearance of this quote is from 1935 (Testimony of Charles C. Mayer, Hearings Before the Committee on Banking and Currency, House of Representatives, Seventy-fourth Congress, First Session, on H.R. 5357, p. 799)
Misattributed
Letter to Austin Birchard (21 April 1874), when he was approximately $46,000 in debt.
Diary and Letters of Rutherford Birchard Hayes (1922 - 1926)
“I saw that bad handwriting should be regarded as a sign of an imperfect education.”
Part I, Chapter 5, At the High School
1920s, An Autobiography (1927)
December 8, 2010, video posting — www.kgun9.com, 9OYS Investigates: Who is Jared Loughner?, KGUN9, January 8, 2011, 2011-01-10 http://www.kgun9.com/Global/story.asp?S=13809065,
7:30 Report interview, May 8, 2006
“Death is the currency of power.”
Part 3, Chapter 8, “The Wrath of Diana” (p. 337).
Jack Glass (2012)
Source: The Money Game (1968), Chapter 20, If All The Half Dollars Have Disappeared...?, p. 282
