Noun
currency issued by a government or central bank and consisting of printed paper that can circulate as a substitute for specie
Source: WordNetIn reality there is no such thing as an inflation of prices, relatively to gold. There is such a thing as a depreciated paper currency. Lysander Spooner
Mischief springs from the power which the moneyed interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges... which are employed altogether for their benefit. Andrew Jackson
The spectacle of a great, solvent government paying a fictitious price for gold it did not want and did not need and doing it on purpose to debase the value of its own paper currency was one to astonish the world. Garet Garrett
At present, financial crises occur, chiefly because the paper currency is redeemable in gold only. John Buchanan Robinson
Paper currency has hitherto been regarded with suspicion, as insecure. John Buchanan Robinson