Carroll Quigley Quotes

When goods are exchanged between countries, they must be paid for by commodities or gold. They cannot be paid for by the notes, certificates, and checks of the purchaser's country, since these are of value only in the country of issue.

- Carroll Quigley

Tags

Goods | Exchanged | Countries | Paid | Commodities |

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Hitler's economic revolution in Germany had reduced financial considerations to a point where they played no role in economic or political decisions. - Carroll Quigley

When goods are exchanged between countries, they must be paid for by commodities or gold. They cannot be paid for by the notes, certificates, and checks of the purchaser's country, since these are of value only in the country of issue. - Carroll Quigley