“When goods are exchanged between countries, they must be paid for by commodities or gold. They cannot be paid for by the notes, certificates, and checks of the purchaser's country, since these are of value only in the country of issue.”

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Originally said in English.

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About Carroll Quigley

Carroll Quigley is quoted here; further biographical details are not publicly available.

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"When goods are exchanged between countries, they must be paid for by…" — Carroll Quigley | Daily Quotes