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Someone has to borrow every dollar we have in circulation, cash or credit.

Robert W. Hemphill

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Robert W. Hemphill
Age: 68 †
Born: 1915
Born: May 10
Died: 1983
Died: December 25
Judge
Lawyer
Politician
U.S. Representative
Chester
South Carolina
Dollar
Cash
Economics
Usury
Credit
Circulation
Dollars
Borrow
Money
Monetary
Someone
Bankers
Every
Banking

More quotes by Robert W. Hemphill

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If all bank loans were paid, there would not be a dollar of coin or currency in circulation. Someone has to borrow every dollar we have in circulation. We are absolutely without a permanent money system.
Robert W. Hemphill