“A U.S. dollar is an IOU from the Federal Reserve Bank. It's a promissory note that doesn't actually promise anything. It's not backed by gold or silver.”

American author, journalist, and political satirist

P. J. O'Rourke was an American author, journalist, and political satirist. He wrote on politics and on subjects as varied as cars, etiquette, and economics, and 481 quotes are listed on the site. He published twenty-two books. Among them, Parliament of Whores and Give War a Chance both reached No. 1 on The New York Times bestseller list. His work is associated with sharp political satire and wide-ranging social commentary.