--- title: "Meaning & Key Takeaway of: In precisely the same way money is often…" description: "\"In precisely the same way money is often hired, and the hire paid for the use of it is called Interest.\" — John Buchanan Robinson" image: "https://sms4smile.com/quotes/i/939/john-buchanan-robinson-22642_interest_in-precisely-the-same-way-money-is-often_2197526.jpg" --- # In precisely the same way money is often hired, and the… ![“In precisely the same way money is often hired, and the hire paid for the use of it is called Interest.” quote by John Buchanan Robinson](https://sms4smile.com/quotes/i/939/john-buchanan-robinson-22642_interest_in-precisely-the-same-way-money-is-often_2197526.jpg) [Download](https://sms4smile.com/quotes/i/939/john-buchanan-robinson-22642_interest_in-precisely-the-same-way-money-is-often_2197526.jpg) [Open image](https://sms4smile.com/quotes/i/939/john-buchanan-robinson-22642_interest_in-precisely-the-same-way-money-is-often_2197526.jpg) > “In precisely the same way money is often hired, and the hire paid for the use of it is called Interest.” [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Interest is the cost paid for using borrowed money, similar to hiring a service. **In simple terms:** Interest is the price of borrowing money. Key Takeaway Consider interest as a service fee. Themes economics finance borrowing Mood analytical educational Type financial informative When to use this quote - personal loans - business financing - investment decisions Key Concepts interest rates cost of capital financial literacy Questions to Reflect On - How does interest affect your financial choices? - When is borrowing worth the cost? A Different Perspective Interest can be burdensome if rates are high. ★ ★ ★ ★ ★ No ratings yet [Hire](https://sms4smile.com/quotes/about/hire/) [Hire Paid](https://sms4smile.com/quotes/about/hire-paid-4812324/) [Hired](https://sms4smile.com/quotes/about/hired/) [Hired Hire](https://sms4smile.com/quotes/about/hired-hire-4812325/) [Interest](https://sms4smile.com/quotes/about/interest/) [Money](https://sms4smile.com/quotes/about/money/) [Money Hired](https://sms4smile.com/quotes/about/money-hired-4812323/) [Paid](https://sms4smile.com/quotes/about/paid/) [Use](https://sms4smile.com/quotes/about/use/) [Way](https://sms4smile.com/quotes/about/way/) ## Related quotes > [Startups are constantly raising money, sometimes before they have even hired a lawyer.](https://sms4smile.com/quotes/naval-ravikant/startups-are-constantly-raising-money-sometimes-before-they-have-even/) [Naval Ravikant](https://sms4smile.com/quotes/author/naval-ravikant/) > [I've never really hired anybody that people thought I should hire.](https://sms4smile.com/quotes/dabo-swinney/i-ve-never-really-hired-anybody-that-people-thought-i-should-hire/) [Dabo Swinney](https://sms4smile.com/quotes/author/dabo-swinney/) > [“Resources are hired to give results, not reasons.”](https://sms4smile.com/quotes/amit-kalantri/resources-are-hired-to-give-results-not-reasons/) [Amit Kalantri](https://sms4smile.com/quotes/author/amit-kalantri/) > [“With warm pleasantries, strangers become clients. With firm handshakes, contracts become signed.”](https://sms4smile.com/quotes/utibe-samuel-mbom/with-warm-pleasantries-strangers-become-clients-with-firm-handshakes/) [Utibe Samuel Mbom](https://sms4smile.com/quotes/author/utibe-samuel-mbom/) > [Hire the best people, and trust what you hired them to do.](https://sms4smile.com/quotes/d-b-sweeney/hire-the-best-people-and-trust-what-you-hired-them-to-do/) [D. B. Sweeney](https://sms4smile.com/quotes/author/d-b-sweeney/) > [Since my parents both worked, they hired me when I was 11 to make dinner every night. I got a quarter a day. But…](https://sms4smile.com/quotes/teri-hatcher/since-my-parents-both-worked-they-hired-me-when-i-was-11-to-make/) [Teri Hatcher](https://sms4smile.com/quotes/author/teri-hatcher/) > [I also did an Ozzy piece for him, and so I got hired. Everything happened really fast. I can't give people advice, because everything…](https://sms4smile.com/quotes/chuck-klosterman/i-also-did-an-ozzy-piece-for-him-and-so-i-got-hired-everything/) [Chuck Klosterman](https://sms4smile.com/quotes/author/chuck-klosterman/) > [“We were anxious to begin our life as people who had no people. And it was easy to find an apartment because we had…](https://sms4smile.com/quotes/miranda-july/we-were-anxious-to-begin-our-life-as-people-who-had-no-people-and-it/) [Miranda July](https://sms4smile.com/quotes/author/miranda-july/) > [The last reason I want to be hired is because of my gender. I want to be hired because you trust me, because of…](https://sms4smile.com/quotes/becky-hammon/the-last-reason-i-want-to-be-hired-is-because-of-my-gender-i-want-to/) [Becky Hammon](https://sms4smile.com/quotes/author/becky-hammon/) > [You don't buy experience at the pharmacy. You acquire it through games over time. Every player must go through that, but when the federation…](https://sms4smile.com/quotes/agustin-castillo/you-don-t-buy-experience-at-the-pharmacy-you-acquire-it-through-games/) [Agustin Castillo](https://sms4smile.com/quotes/author/agustin-castillo/) > [I had been hired and fired so many times and been so very blessed and lucky.](https://sms4smile.com/quotes/goldust/i-had-been-hired-and-fired-so-many-times-and-been-so-very-blessed-and/) [Goldust](https://sms4smile.com/quotes/author/goldust/) > [I promised myself: Before your 18th birthday, you're going to be at Jean Paul Gaultier. And it worked. I was hired.](https://sms4smile.com/quotes/nicolas-ghesquiere/i-promised-myself-before-your-18th-birthday-you-re-going-to-be-at/) [Nicolas Ghesquiere](https://sms4smile.com/quotes/author/nicolas-ghesquiere/) > [The more shows that are produced, the more writers are hired, producers are hired, actors are hired, directors are hired, it means the more…](https://sms4smile.com/quotes/kevin-spacey/the-more-shows-that-are-produced-the-more-writers-are-hired-producers/) [Kevin Spacey](https://sms4smile.com/quotes/author/kevin-spacey/) > [“stay in for a while?” Donnie turned to face him. “You not staying out at her place?” “I’ll get my hired”](https://sms4smile.com/quotes/christy-hayes/stay-in-for-a-while-donnie-turned-to-face-him-you-not-staying-out-at/) [Christy Hayes](https://sms4smile.com/quotes/author/christy-hayes/) > [“I study dead languages for a living,” I said. “That’s why you hired me. Why should I be up to speed on your line…](https://sms4smile.com/quotes/neal-stephenson/i-study-dead-languages-for-a-living-i-said-that-s-why-you-hired-me/) [Neal Stephenson](https://sms4smile.com/quotes/author/neal-stephenson/) ## More by John Buchanan Robinson > [You are forever alone.](https://sms4smile.com/quotes/john-buchanan-robinson/you-are-forever-alone/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) > [Paper currency has hitherto been regarded with suspicion, as insecure.](https://sms4smile.com/quotes/john-buchanan-robinson/paper-currency-has-hitherto-been-regarded-with-suspicion-as-insecure/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) > [There is no other who experiences your thoughts or your feelings.](https://sms4smile.com/quotes/john-buchanan-robinson/there-is-no-other-who-experiences-your-thoughts-or-your-feelings/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) > [But the egoist has no ideals, for the knowledge that his ideals are only his ideals, frees him from their domination. He acts for…](https://sms4smile.com/quotes/john-buchanan-robinson/but-the-egoist-has-no-ideals-for-the-knowledge-that-his-ideals-are/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) > [It is often said by reformers that government should be conducted upon business principles.](https://sms4smile.com/quotes/john-buchanan-robinson/it-is-often-said-by-reformers-that-government-should-be-conducted/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) > [Accordingly, when the supply of gold runs short, the security behind the notes is diminished, the loaning of notes is restricted or suspended, and…](https://sms4smile.com/quotes/john-buchanan-robinson/accordingly-when-the-supply-of-gold-runs-short-the-security-behind/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) > [The egoist is fooled by no ideals: he discards them or uses them, as may suit his own interest.](https://sms4smile.com/quotes/john-buchanan-robinson/the-egoist-is-fooled-by-no-ideals-he-discards-them-or-uses-them-as/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) > [In brief, egoism in its modern interpretation, is the antithesis, not of altruism, but of idealism.](https://sms4smile.com/quotes/john-buchanan-robinson/in-brief-egoism-in-its-modern-interpretation-is-the-antithesis-not-of/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) > [According to your sympathy, you will take pleasure in your own happiness or in the happiness of other people; but it is always your…](https://sms4smile.com/quotes/john-buchanan-robinson/according-to-your-sympathy-you-will-take-pleasure-in-your-own/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) > [The business of a bank is to lend money; which amounts, nowadays, to lending credit.](https://sms4smile.com/quotes/john-buchanan-robinson/the-business-of-a-bank-is-to-lend-money-which-amounts-nowadays-to/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) > [When not only gold but all commodities are available for the redemption of the paper currency, its volume is limited only by the value…](https://sms4smile.com/quotes/john-buchanan-robinson/when-not-only-gold-but-all-commodities-are-available-for-the/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) > [But egoism is more than this. It is the realization by the individual that he is above all institutions and all formulas; that they…](https://sms4smile.com/quotes/john-buchanan-robinson/but-egoism-is-more-than-this-it-is-the-realization-by-the-individual/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) > [There is never enough gold to redeem all the currency in circulation.](https://sms4smile.com/quotes/john-buchanan-robinson/there-is-never-enough-gold-to-redeem-all-the-currency-in-circulation/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) > [At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.](https://sms4smile.com/quotes/john-buchanan-robinson/at-present-financial-crises-occur-chiefly-because-the-paper-currency/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) > [The Massachusetts Land Bank, during Colonial times, prospered, and brought prosperity to the community, until it was forcibly suppressed by special act of Parliament.](https://sms4smile.com/quotes/john-buchanan-robinson/the-massachusetts-land-bank-during-colonial-times-prospered-and/) [John Buchanan Robinson](https://sms4smile.com/quotes/author/john-buchanan-robinson/) [Explore all 27 John Buchanan Robinson quotes ](https://sms4smile.com/quotes/author/john-buchanan-robinson/) ## More Hire quotes > [I guess I've never really wanted to be anything else. I've never even thought about having another job.](https://sms4smile.com/quotes/owen-farrell/i-guess-i-ve-never-really-wanted-to-be-anything-else-i-ve-never-even/) [Owen Farrell](https://sms4smile.com/quotes/author/owen-farrell/) > [I would like to work with whoever would like to have me.](https://sms4smile.com/quotes/ben-barnes/i-would-like-to-work-with-whoever-would-like-to-have-me/) [Ben Barnes](https://sms4smile.com/quotes/author/ben-barnes/) > [Global poverty is the product of reversible policy failures overseen by politicians, past and present. The poorest of the poor don't vote in American…](https://sms4smile.com/quotes/hugh-evans/global-poverty-is-the-product-of-reversible-policy-failures-overseen/) [Hugh Evans](https://sms4smile.com/quotes/author/hugh-evans/) > [I love to work with people and do what I love.](https://sms4smile.com/quotes/martin-starr/i-love-to-work-with-people-and-do-what-i-love/) [Martin Starr](https://sms4smile.com/quotes/author/martin-starr/) > [I do focus my energy on music, but it's just the way that the industry works. I kind of have to take what I…](https://sms4smile.com/quotes/zoe-kravitz/i-do-focus-my-energy-on-music-but-it-s-just-the-way-that-the-industry/) [Zoe Kravitz](https://sms4smile.com/quotes/author/zoe-kravitz/) > [In other restaurants you'll see employees signing to each other, since we also hire many deaf men and women.](https://sms4smile.com/quotes/carl-karcher/in-other-restaurants-you-ll-see-employees-signing-to-each-other-since/) [Carl Karcher](https://sms4smile.com/quotes/author/carl-karcher/) > [When you hire me, you hire a nut who is going to work 24 hours a day for you and never, ever burn his audience.](https://sms4smile.com/quotes/howard-stern/when-you-hire-me-you-hire-a-nut-who-is-going-to-work-24-hours-a-day/) [Howard Stern](https://sms4smile.com/quotes/author/howard-stern/) > [If cheap immigrant labor is made unavailable, employers can hire Americans at a higher wage, or replace low-wage immigrant workers with technology and automation,…](https://sms4smile.com/quotes/jan-c-ting/if-cheap-immigrant-labor-is-made-unavailable-employers-can-hire/) [Jan C. Ting](https://sms4smile.com/quotes/author/jan-c-ting/) > [I would rather hire a man with enthusiasm, than a man who knows everything.](https://sms4smile.com/quotes/john-d-rockefeller/i-would-rather-hire-a-man-with-enthusiasm-than-a-man-who-knows/) [John D. Rockefeller](https://sms4smile.com/quotes/author/john-d-rockefeller/) > [They'll totally hire me if I say I got fired from my job on the Hill because of a sex scandal.](https://sms4smile.com/quotes/jessica-cutler/they-ll-totally-hire-me-if-i-say-i-got-fired-from-my-job-on-the-hill/) [Jessica Cutler](https://sms4smile.com/quotes/author/jessica-cutler/) > [When a new hire is afraid to roll up their sleeves and get things done, it's a clear sign it's not going to work…](https://sms4smile.com/quotes/taavet-hinrikus/when-a-new-hire-is-afraid-to-roll-up-their-sleeves-and-get-things/) [Taavet Hinrikus](https://sms4smile.com/quotes/author/taavet-hinrikus/) > [If you need someone to come out of the sewer with a wire you don't hire someone who needs laborious collective instruction. You let…](https://sms4smile.com/quotes/william-monahan/if-you-need-someone-to-come-out-of-the-sewer-with-a-wire-you-don-t/) [William Monahan](https://sms4smile.com/quotes/author/william-monahan/) > [I mean, I've always said I have an amazing team and network of friends and people that I work with that, you know, inspire…](https://sms4smile.com/quotes/alexander-wang/i-mean-i-ve-always-said-i-have-an-amazing-team-and-network-of-friends/) [Alexander Wang](https://sms4smile.com/quotes/author/alexander-wang/) > [I want the best people, not just on the banking side but on innovation and technology.](https://sms4smile.com/quotes/ana-patricia-botin/i-want-the-best-people-not-just-on-the-banking-side-but-on-innovation/) [Ana Patricia Botin](https://sms4smile.com/quotes/author/ana-patricia-botin/) > [For creative tasks, the best approach is often just to hire great people and get out of their way.](https://sms4smile.com/quotes/daniel-h-pink/for-creative-tasks-the-best-approach-is-often-just-to-hire-great/) [Daniel H. Pink](https://sms4smile.com/quotes/author/daniel-h-pink/) [Browse all 690 Hire quotes ](https://sms4smile.com/quotes/about/hire/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "In precisely the same way money is often hired, and the hire paid for the use of it is called Interest.", "creator": { "@type": "Person", "name": "John Buchanan Robinson" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/john-buchanan-robinson/in-precisely-the-same-way-money-is-often-hired-and-the-hire-paid-for/", "about": { "@type": "Thing", "name": "Hire" }, "@id": "https://sms4smile.com/quotes/john-buchanan-robinson/in-precisely-the-same-way-money-is-often-hired-and-the-hire-paid-for/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/939/john-buchanan-robinson-22642_interest_in-precisely-the-same-way-money-is-often_2197526.jpg", "contentUrl": "https://sms4smile.com/quotes/i/939/john-buchanan-robinson-22642_interest_in-precisely-the-same-way-money-is-often_2197526.jpg", "url": "https://sms4smile.com/quotes/i/939/john-buchanan-robinson-22642_interest_in-precisely-the-same-way-money-is-often_2197526.jpg", "width": 1080, "height": 1080, "caption": "“In precisely the same way money is often hired, and the hire paid for the use of it is called Interest.” — John Buchanan Robinson", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "John Buchanan Robinson", "item": "https://sms4smile.com/quotes/author/john-buchanan-robinson/" }, { "@type": "ListItem", "position": 4, "name": "In precisely the same way money...", "item": "https://sms4smile.com/quotes/john-buchanan-robinson/in-precisely-the-same-way-money-is-often-hired-and-the-hire-paid-for/" } ], "@id": "https://sms4smile.com/quotes/john-buchanan-robinson/in-precisely-the-same-way-money-is-often-hired-and-the-hire-paid-for/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```