But there still prevails, even in nations well acquainted…
“But there still prevails, even in nations well acquainted with commerce, a strong jealousy with regard to the balance of trade, and a fear, that all their gold and silver may be leaving them. This seems to me, almost in every case, a groundless apprehension; and I should as soon dread, that all our springs and rivers should be exhausted, as that money should abandon a kingdom where there are people and industry.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
Trade anxieties persist despite prosperity, fearing loss of wealth and resources.
In simple terms: People fear losing gold and silver even when trade is strong.
Key Takeaway
Recognize and address unfounded economic fears.
Themes
economics
psychology
politics
trade
fear
Mood
anxious
critical
Type
analytical
philosophical
When to use this quote
- government policy
- business strategy
- public discourse
- financial planning
Key Concepts
mercantilism
nationalism
resource scarcity
Questions to Reflect On
- How do trade fears affect policy decisions?
- What evidence counters the idea of inevitable wealth loss?
A Different Perspective
Such fears can be amplified by misinformation and nationalism.