"Modern money is almost altogether credit money." — John Buchanan Robinson
"Modern money is almost altogether credit money."
Related Quotes
- Money is just the poor man's credit card. — Marshall McLuhan
- Gold is money. Everything else is credit. — J. P. Morgan
- Remember that credit is money. — Benjamin Franklin
- Yes is like credit, No is like cash. — C.J. Langenhoven
- It is credit that matters, not money (in other words, monetarism is a false ideology). — George Soros
- Money is not everything but almost everything based on money. — Alaca Kaos
- The entire money structure and materialistic society is a false society... — Jacque Fresco
- We have profoundly forgotten everywhere that Cash-payment is not the sole relation of human beings. — Thomas Carlyle
- The essence of the contemporary monetary system is creation of money, out of nothing, by private banks' often foolish lending. — Martin Wolf
- No man's credit is ever as good as his money. — E. W. Howe
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…
- Large sums were paid for the use of money, because the available amount of gold and silver was far less…
- 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.