Excerpt from The Theory of Money and Banks Investigated Tee reverse of what Hobbes, with as much jus tice as wit, says of words, may be said of bank notes: they are the money of wise men, and the counters of fools. When prudently and judicious ly used, they perform all the functions of money; but, when foolishly made cheap by excess, they are little better than counters, to mark how much has been lost by the gambling of the community. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.