A. Mitchell Innes: Dollar Not Concrete

Posted by admin on Thursday, March 19, 2015

A. Mitchell Innes Money Quotation saying the cash construct requires a belief in imaginary elements that make up a dollar bill and any debt it can pay is satisfied by that fantasy. A. Mitchell Innes said:

The eye has never seen, nor the hand touched a dollar. All that we can touch or see is a promise to pay or satisfy a debt due for an amount called a dollar
— A. Mitchell Innes

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