Browsing Topic Best Government Debt Quotes

One way to discourage governments from running payments deficits is to oblige them to finance these deficits with some kind of asset they would prefer to keep, yet can afford to part with when necessary. To date, no one has come up with a better solution than that which history has institutionalized over a period of about two thousand years: gold.

Blessed are the young for they shall inherit the national debt.

The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure… It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.

With all this consumer debt, business debt, government debt, smaller movements in interest rates have a magnified effect. a small movement can tip the boat.

..avoiding likewise the accumulation of debt, not only by shunning occasions of expense, but by vigorous exertions in time of peace to discharge the debts, which unavoidable wars may have occasioned, not ungenerously throwing upon posterity the burthen, which we ourselves ought to bear.

As a very important source of strength and security, cherish public credit.

A government debt is a government claim against personal income and private property – an unpaid tax bill.

People who buy government debt deserve to be punished and taught a lesson

I am not among those who fear the people. They, and not the rich, are our dependence for continued freedom.