"All the perplexities, confusion and distress in America arise, not from defects in their Constitution or Confederation, not from want of honor or virtue, so much as from the downright ignorance of the nature of coin, credit and circulation"

In this quote, John Adams is expressing his belief that the problems and problems dealt with by America are not due to flaws in their Constitution or federal government system, nor are they brought on by an absence of stability or morality. Instead, he argues that the root of these perplexities, confusion, and distress depends on the people's lack of knowledge of the essential concepts of currency, credit, and flow. Adams recommends that the lack of understanding of these economic principles causes mismanagement and misinterpretation of monetary matters, eventually causing harm to the country. He stresses the significance of educating the general public on these matters in order to prevent further problems and promote the success of America.