Card V-2: THOMAS JEFFERSON – … and the whole visionary fabric vanishes into air and shews that paper is poverty, that it is only the ghost of money, and not money itself.

Series V · Card 2 of 21 · THE MINE

… and the whole visionary fabric vanishes into air and shews that paper is poverty, that it is only the ghost of money, and not money itself.

THOMAS JEFFERSON · LETTER TO E. CARRINGTON · 1788

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Source

Letter to Edward Carrington, Paris, 27 May 1788

Open source · founders.archives.gov ↗

About the author

Founding Father and third President of the United States (1743–1826). Principal author of the Declaration of Independence and a lifelong critic of paper money and central banks.

The question on the back

How real does money feel when it’s just a number on a screen?