Quoted in Money and Men by Robert McCann Rice (1941) but no prior source is extant.
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In the Colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. In this manner, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay no one.
— Benjamin Franklin
What It Means
This is a placeholder explanation generated by the low-overhead model. It interprets "In the Colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. In this manner, creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay no one." in the context of "Quoted in Money and Men by Robert McCann Rice (1941) but no prior source is extant." to mean that wisdom is timeless.
Source: Wikiquote: "Benjamin Franklin" (Attributed: Attributed: Quotes found in a reputable secondary source but not sourced to an original work. Read more at Wikiquote:Sourced and Unsourced sections.)
The 'What it means' explanation text was generated by Google Gemini Flash (accessed January 18, 2026). https://gemini.google.com/app
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About Benjamin Franklin
Benjamin Franklin (17 January 1706 – 17 April 1790) was one of the Founding Fathers of the United States. A renowned polymath, Franklin was a leading author, printer, political theorist, politician, postmaster, scientist, inventor, civic activist, statesman, and a diplomatic scientific and novice electrician; he was a major figure in the U.S. Enlightenment and the history of physics for his discoveries and theories regarding electricity. As an inventor, he is known for the lightning rod, for keeping bifocals fog-free, and the Franklin stove, among other inventions. He facilitated many civic organizations, including Philadelphia's fire department and the University of Pennsylvania.
About Benjamin Franklin
Benjamin Franklin (17 January 1706 – 17 April 1790) was one of the Founding Fathers of the United States. A renowned polymath, Franklin was a leading author, printer, political theorist, politician, postmaster, scientist, inventor, civic activist, statesman, and a diplomatic scientific and novice electrician; he was a major figure in the U.S. Enlightenment and the history of physics for his discoveries and theories regarding electricity. As an inventor, he is known for the lightning rod, for keeping bifocals fog-free, and the Franklin stove, among other inventions. He facilitated many civic organizations, including Philadelphia's fire department and the University of Pennsylvania.
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