"Once a nation parts with the control of its credit, it matters not who makes the laws"

This quote by William Lyon Mackenzie King recommends that the control of a nation's credit is of utmost significance. He implies that once a country loses control of its credit, it no longer matters who makes the laws. This suggests that the control of a country's credit is more important than the laws that are made. It suggests that the control of a country's credit is the structure of a country's stability and success. Without control of its credit, a country is susceptible to financial instability and financial ruin. This quote works as a cautioning to countries to be conscious of their credit and to take steps to ensure that it is not misused or abused. It likewise works as a pointer that the control of a nation's credit is more crucial than the laws that are made.