“All the perplexities, confusions, and distresses in America arise, not from defects in their constitution or confederation, not from a want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation.”

— John Adams

Letter to Thomas Jefferson (23 August 1787), The Works of John Adams.
1780s

Adopted from Wikiquote. Last update June 3, 2021. History

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John Adams 202

2nd President of the United States 1735–1826

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“All the perplexities, confusions, and distresses in America arise, not from defects in their constitution or confederation, not from a want of honor or virtue, so much as from downright ignorance of the nature of coin, credit, and circulation.”

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John Adams 202

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