Jan
23rd
Fri
23rd
Contracting debt will almost infallibly be abused in every government. It would scarcely be more imprudent to give a prodigal son a credit in every banker’s shop in London, than to empower a statesman to draw bills upon posterity
— Of Public Credit, David Hume via The American Spectator : Was There Ever a Default on U.S. Treasury Debt?
