Sunday, March 27, 2011

Generational Debt

Famous Quote: Generational Debt
 By Finance Ocean

Who said: No generation has a right to contract debts greater than can be paid off during the course of its own existence?

Pick an answer:
  1. Ben Bernanke
  2. Thomas Jefferson
  3. Alan Greenspan
  4. Hank Paulson













Answer: # 2


Explanation: This quote is from a letter written by Thomas Jefferson to James Madison Paris on September 6, 1789. Jefferson sought to explore "The question Whether one generation of men has a right to bind another."


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