--- title: "Meaning & Key Takeaway of: Over two thousand years ago, Aristotle…" description: "\"Over two thousand years ago, Aristotle taught us that money should be durable, divisible, consistent, convenient, and value in itself. It should be dur..." image: "https://sms4smile.com/quotes/i/4b8/doug-casey-27830_answers_over-two-thousand-years-ago-aristotle-ta_2582025.jpg" --- # Over two thousand years ago, Aristotle taught us that… ![“Over two thousand years ago, Aristotle taught us that money should be durable, divisible, consistent, convenient, and value in itself. It should be durable, which is why wheat isn't money; divisible which is why works of art are not money; consistent which is why real estate isn't money…” quote by Doug Casey](https://sms4smile.com/quotes/i/4b8/doug-casey-27830_answers_over-two-thousand-years-ago-aristotle-ta_2582025.jpg) [Download](https://sms4smile.com/quotes/i/4b8/doug-casey-27830_answers_over-two-thousand-years-ago-aristotle-ta_2582025.jpg) [Open image](https://sms4smile.com/quotes/i/4b8/doug-casey-27830_answers_over-two-thousand-years-ago-aristotle-ta_2582025.jpg) > “Over two thousand years ago, Aristotle taught us that money should be durable, divisible, consistent, convenient, and value in itself. It should be durable, which is why wheat isn't money; divisible which is why works of art are not money; consistent which is why real estate isn't money; convenient, which is why lead isn't money; value in itself, which is why paper shouldn't be money. Gold answers to all these criteria.” [Doug Casey](https://sms4smile.com/quotes/author/doug-casey/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Aristotle's criteria for money emphasize durability, divisibility, consistency, convenience, and intrinsic value, which gold fulfills better than other items. **In simple terms:** Money should be durable, divisible, consistent, convenient, and valuable on its own. Key Takeaway Choose assets that meet these fundamental money qualities. Themes economics currency value investment philosophy Mood analytical pragmatic Type advisory educational When to use this quote - personal finance - investment strategy - wealth preservation - inflation hedging Key Concepts monetary theory intrinsic value asset selection Questions to Reflect On - Do modern digital currencies meet Aristotle’s criteria? - How do you prioritize these money qualities in your portfolio? A Different Perspective Gold may be volatile and not universally accepted as a medium of exchange. ★ ★ ★ ★ ★ No ratings yet [Answers](https://sms4smile.com/quotes/about/answers/) [Art](https://sms4smile.com/quotes/about/art/) [Consistent](https://sms4smile.com/quotes/about/consistent/) [Convenient](https://sms4smile.com/quotes/about/convenient/) [Criteria](https://sms4smile.com/quotes/about/criteria/) [Estates](https://sms4smile.com/quotes/about/estates/) [Gold](https://sms4smile.com/quotes/about/gold/) [Isn Money](https://sms4smile.com/quotes/about/isn-money-1471675/) [Money](https://sms4smile.com/quotes/about/money/) [Money Consistent](https://sms4smile.com/quotes/about/money-consistent-1786576/) [Money Divisible](https://sms4smile.com/quotes/about/money-divisible-1786575/) [Money Durable](https://sms4smile.com/quotes/about/money-durable-1786577/) [Paper](https://sms4smile.com/quotes/about/paper/) [Real](https://sms4smile.com/quotes/about/real/) [Real estate](https://sms4smile.com/quotes/about/real-estate/) [Should](https://sms4smile.com/quotes/about/should/) [Shouldn Money](https://sms4smile.com/quotes/about/shouldn-money-611877/) [Taught](https://sms4smile.com/quotes/about/taught/) [Taught us](https://sms4smile.com/quotes/about/taught-us/) [Thousand](https://sms4smile.com/quotes/about/thousand/) [Thousand years](https://sms4smile.com/quotes/about/thousand-years/) [Two](https://sms4smile.com/quotes/about/two/) [Values](https://sms4smile.com/quotes/about/values/) [Wheat](https://sms4smile.com/quotes/about/wheat/) [Works of art](https://sms4smile.com/quotes/about/works-of-art/) [Years](https://sms4smile.com/quotes/about/years/) [Years ago](https://sms4smile.com/quotes/about/years-ago/) ## Related quotes > [Given the typical fee structures of hedge funds, they need to do something different to make money in a consistent way.](https://sms4smile.com/quotes/paul-singer/given-the-typical-fee-structures-of-hedge-funds-they-need-to-do/) [Paul Singer](https://sms4smile.com/quotes/author/paul-singer/) > [It shouldn't always be about money,it should be about love](https://sms4smile.com/quotes/bismark-frimpong/it-shouldn-t-always-be-about-money-it-should-be-about-love/) [Bismark Frimpong](https://sms4smile.com/quotes/author/bismark-frimpong/) > [Money is like gasoline during a road trip. 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