All the perplexities, confusions, and distress 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
1271: John Adams – Ignorance of the Nature of Coin and Credit
![W1271: John Adams - Ignorance of the Nature of Coin and Credit](https://misesmemes.com/wp-content/uploads/w1271-john-adams-ignorance-of-the-nature-of-coin-and-credit.jpg)
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