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Notable Quote

"Money is not the private property of the prince. It was invented for the sake of the community, and belongs to that community."

— Oresme, Nicole event 1355

From Treatise on the Origin, Nature, Law, and Alterations of Money

Context: On the rightful ownership of currency and the limits of princely authority over money

Topics

currency_exchange Monetary Theory key Property Rights monetization_on Sound Money castle Medieval Economics trending_down Currency Debasement