All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation.
John Adams
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More quotes by John Adams
- Old minds are like old horses you must exercise them if you wish to keep them in working order.
- I always consider the settlement of America with reverence and wonder, as the opening of a grand scene and design in providence, for the illumination of the ignorant and the emancipation of the slavish part of mankind all over the earth.
- Fear is the foundation of most governments.
- Liberty cannot be preserved without general knowledge among the people.
- When people talk of the freedom of writing, speaking or thinking I cannot choose but laugh. No such thing ever existed. No such thing now exists but I hope it will exist. But it must be hundreds of years after you and I shall write and speak no more.