Posterity does not pay off anything of the national debt. Each administration adds to the debt left to it, and the promise of liquidation implied in every bond issue is a false promise.
Frank Chodorov
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This page presents the quote "Posterity does not pay off anything of the national debt. Each administration adds to the debt left to it, and the promise of liquidation implied in every bond issue is a false promise.". Author of this quote is Frank Chodorov. This quote is about promise, national debt, administration, left, pay, posterity, debt, issues, doe,.