Amount Quote by B. C. Forbes
“A nation's economic salvation does not lie in the amount of money its rich inhabitants can squander recklessly. A nation's economic salvation lies in the amount of money its inhabitants can save and invest after providing themselves with all the necessaries and all the reasonable comforts of life.”
About This Quote
Economic health depends more on collective saving and investment than on the spending power of the wealthy.
In simple terms: Saving and investing by many people drives economic stability.
Promote widespread financial literacy and saving habits.
Themes
Mood
Type
When to use this quote
- government budgeting
- personal finance
- community development
- economic planning
Key Concepts
Questions to Reflect On
- How can policies enable broader saving?
- What incentives encourage responsible investment?
The argument may overlook structural barriers that prevent low‑income saving.