"Large sums were paid for the use of……" — John Buchanan Robinson
"Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times."
—
John Buchanan Robinson
★
★
★
★
★
0.0 avg (0 ratings)
27 Quotes by John Buchanan Robinson
John Buchanan Robinson has 27 quotes on this site.
A few more worth reading:
-
However near and dear to you may be your wife, children, friends, they are not you; they are outside of…
-
For each one of us stands alone in the midst of a universe.
-
You are forever alone.
-
Your thoughts and emotions are yours alone.
-
There is no other who experiences your thoughts or your feelings.
-
It is often said by reformers that government should be conducted upon business principles.
-
The business of a bank is to lend money; which amounts, nowadays, to lending credit.
-
In brief, egoism in its modern interpretation, is the antithesis, not of altruism, but of idealism.
-
But the egoist has no ideals, for the knowledge that his ideals are only his ideals, frees him from their…
-
Modern money is almost altogether credit money.
-
Accordingly, when the supply of gold runs short, the security behind the notes is diminished, the loaning of notes is…
-
At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.
See all 27 quotes by John Buchanan Robinson »
More Amount Quotes
This quote is filed under Amount Quotes,
one of 2,570 quotes in that category. Here are a few more:
See all 2,570 Amount Quotes »