--- title: "Meaning & Key Takeaway of: The decline is in paper values, not in…" description: "\"The decline is in paper values, not in tangible goods and services...America is now in the eighth year of prosperity as commercially defined. The forme..." image: "https://sms4smile.com/quotes/i/dc0/stuart-chase-28756_america_the-decline-is-in-paper-values-not-in-ta_3070597.jpg" --- # The decline is in paper values, not in tangible goods and… ![“The decline is in paper values, not in tangible goods and services...America is now in the eighth year of prosperity as commercially defined. The former great periods of prosperity in America averaged eleven years. On this basis we now have three more years to go before the tailspin.” quote by Stuart Chase](https://sms4smile.com/quotes/i/dc0/stuart-chase-28756_america_the-decline-is-in-paper-values-not-in-ta_3070597.jpg) [Download](https://sms4smile.com/quotes/i/dc0/stuart-chase-28756_america_the-decline-is-in-paper-values-not-in-ta_3070597.jpg) [Open image](https://sms4smile.com/quotes/i/dc0/stuart-chase-28756_america_the-decline-is-in-paper-values-not-in-ta_3070597.jpg) > “The decline is in paper values, not in tangible goods and services...America is now in the eighth year of prosperity as commercially defined. The former great periods of prosperity in America averaged eleven years. On this basis we now have three more years to go before the tailspin.” [Stuart Chase](https://sms4smile.com/quotes/author/stuart-chase/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Economic cycles show that material wealth can rise while underlying value stagnates, foreshadowing a downturn. **In simple terms:** Prosperity may be superficial. Key Takeaway Watch for hidden economic weaknesses. Themes economics prosperity cycles inflation policy Mood cautious analytical Type economic forecast When to use this quote - investment decisions - government policy - personal finance Key Concepts macroeconomics business cycles Questions to Reflect On - How do you protect assets in uncertain times? - What indicators signal a looming recession? A Different Perspective Economic forecasts can be uncertain. ★ ★ ★ ★ ★ No ratings yet [America](https://sms4smile.com/quotes/about/america/) [America Averaged](https://sms4smile.com/quotes/about/america-averaged-5191734/) [Bases](https://sms4smile.com/quotes/about/bases/) [Decline](https://sms4smile.com/quotes/about/decline/) [Defined](https://sms4smile.com/quotes/about/defined/) [Depression](https://sms4smile.com/quotes/about/depression/) [Economic](https://sms4smile.com/quotes/about/economic/) [Eleven](https://sms4smile.com/quotes/about/eleven/) [Former](https://sms4smile.com/quotes/about/former/) [Goods](https://sms4smile.com/quotes/about/goods/) [Goods and services](https://sms4smile.com/quotes/about/goods-and-services/) [Great depression](https://sms4smile.com/quotes/about/great-depression/) [Paper](https://sms4smile.com/quotes/about/paper/) [Periods](https://sms4smile.com/quotes/about/periods/) [Periods Prosperity](https://sms4smile.com/quotes/about/periods-prosperity-2357658/) [Prosperity](https://sms4smile.com/quotes/about/prosperity/) [Prosperity America](https://sms4smile.com/quotes/about/prosperity-america-5033898/) [Tangible](https://sms4smile.com/quotes/about/tangible/) [Three](https://sms4smile.com/quotes/about/three/) [Values](https://sms4smile.com/quotes/about/values/) [Year Prosperity](https://sms4smile.com/quotes/about/year-prosperity-5191735/) [Years](https://sms4smile.com/quotes/about/years/) ## Related quotes > [When Teddy Roosevelt was around, there was an Ottoman Empire. 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Money is not a physical factor of…](https://sms4smile.com/quotes/louis-o-kelso/money-is-not-a-part-of-the-visible-sector-of-the-economy-people-do/) [Louis O. Kelso](https://sms4smile.com/quotes/author/louis-o-kelso/) > [Wal-Mart has become the whipping boy for political demagogues, unions and anti-traders. I suggest that they have the wrong target… Wal-Mart exists and prospers…](https://sms4smile.com/quotes/walter-e-williams/wal-mart-has-become-the-whipping-boy-for-political-demagogues-unions/) [Walter E. Williams](https://sms4smile.com/quotes/author/walter-e-williams/) > [You want my dark side? Have I ever stolen anything? Not so much intentionally. But I don't think it's so much stealing as... being…](https://sms4smile.com/quotes/bill-murray/you-want-my-dark-side-have-i-ever-stolen-anything-not-so-much/) [Bill Murray](https://sms4smile.com/quotes/author/bill-murray/) > [This is not really currency that circulates. It's like the old joke about expensive vintage wine. Wine prices will go up and once in…](https://sms4smile.com/quotes/michael-hudson/this-is-not-really-currency-that-circulates-it-s-like-the-old-joke/) [Michael Hudson](https://sms4smile.com/quotes/author/michael-hudson/) ## More by Stuart Chase > [Traditional nationalism cannot survive the fissioning of the atom. One world or none.](https://sms4smile.com/quotes/stuart-chase/traditional-nationalism-cannot-survive-the-fissioning-of-the-atom-one/) [Stuart Chase](https://sms4smile.com/quotes/author/stuart-chase/) > [The violation of some laws is a normal part of the behavior of every citizen.](https://sms4smile.com/quotes/stuart-chase/the-violation-of-some-laws-is-a-normal-part-of-the-behavior-of-every/) [Stuart Chase](https://sms4smile.com/quotes/author/stuart-chase/) > [Democracy, as has been said of Christianity, has never really been tried.](https://sms4smile.com/quotes/stuart-chase/democracy-as-has-been-said-of-christianity-has-never-really-been-tried/) [Stuart Chase](https://sms4smile.com/quotes/author/stuart-chase/) > [ I sympathize the first, the direct and single-minded attack \[Red Revolution\]. I believe it to have been necessary and inevitable in Russia. It may… ](https://sms4smile.com/quotes/stuart-chase/i-sympathize-the-first-the-direct-and-single-minded-attack-red/) [Stuart Chase](https://sms4smile.com/quotes/author/stuart-chase/) > [For the individual, as I can testify, a brief grounding in semantics, besides making philosophy unreadable, makes unreadable most political speeches, classical economic theory,…](https://sms4smile.com/quotes/stuart-chase/for-the-individual-as-i-can-testify-a-brief-grounding-in-semantics/) [Stuart Chase](https://sms4smile.com/quotes/author/stuart-chase/) > [Common sense tells us that the world is flat, that the sun goes around the earth, that heavy bodies always fall faster than light…](https://sms4smile.com/quotes/stuart-chase/common-sense-tells-us-that-the-world-is-flat-that-the-sun-goes-around/) [Stuart Chase](https://sms4smile.com/quotes/author/stuart-chase/) > [We live in an ocean of words, but like a fish in water we are often not aware of it.](https://sms4smile.com/quotes/stuart-chase/we-live-in-an-ocean-of-words-but-like-a-fish-in-water-we-are-often/) [Stuart Chase](https://sms4smile.com/quotes/author/stuart-chase/) > [The best mental effort in the game of business is concentrated on the major problem of securing the consumer's dollar before the other fellow…](https://sms4smile.com/quotes/stuart-chase/the-best-mental-effort-in-the-game-of-business-is-concentrated-on-the/) [Stuart Chase](https://sms4smile.com/quotes/author/stuart-chase/) > [Certain anthropologists hold that man, having discovered tools, ceased to evolve biologically. Animals, never having discovered them, continue to fashion drills out of their…](https://sms4smile.com/quotes/stuart-chase/certain-anthropologists-hold-that-man-having-discovered-tools-ceased/) [Stuart Chase](https://sms4smile.com/quotes/author/stuart-chase/) > [The Lord prefers common looking people. That is why he made so many of them.](https://sms4smile.com/quotes/stuart-chase/the-lord-prefers-common-looking-people-that-is-why-he-made-so-many-of/) [Stuart Chase](https://sms4smile.com/quotes/author/stuart-chase/) > [For those who believe, no proof is necessary. For those who don't believe, no proof is possible.](https://sms4smile.com/quotes/stuart-chase/for-those-who-believe-no-proof-is-necessary-for-those-who-don-t/) [Stuart Chase](https://sms4smile.com/quotes/author/stuart-chase/) > [Common sense is that which tells us the world is flat.](https://sms4smile.com/quotes/stuart-chase/common-sense-is-that-which-tells-us-the-world-is-flat/) [Stuart Chase](https://sms4smile.com/quotes/author/stuart-chase/) > [I find it difficult to believe that words have no meaning in themselves, hard as I try. 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People who…](https://sms4smile.com/quotes/andrew-lang/young-men-especially-in-america-write-to-me-and-ask-me-to-recommend-a/) [Andrew Lang](https://sms4smile.com/quotes/author/andrew-lang/) > [Well, The Day the Earth Caught Fire was a story... I don't if anybody knows what it is but it was about... in the…](https://sms4smile.com/quotes/val-guest/well-the-day-the-earth-caught-fire-was-a-story-i-don-t-if-anybody/) [Val Guest](https://sms4smile.com/quotes/author/val-guest/) > [So here's what I want you to know, and here's what I want all our men and women in uniform to know: Because of…](https://sms4smile.com/quotes/barack-obama/so-here-s-what-i-want-you-to-know-and-here-s-what-i-want-all-our-men/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Today, the world looks to America for leadership. And America looks to its Corps of Marines.](https://sms4smile.com/quotes/ronald-reagan/today-the-world-looks-to-america-for-leadership-and-america-looks-to/) [Ronald Reagan](https://sms4smile.com/quotes/author/ronald-reagan/) > [The image of blacks usually is one of people who are suffering from hunger, unemployment, and poverty. The idea of them as agents and…](https://sms4smile.com/quotes/grace-lee-boggs/the-image-of-blacks-usually-is-one-of-people-who-are-suffering-from/) [Grace Lee Boggs](https://sms4smile.com/quotes/author/grace-lee-boggs/) > [ I'll smoke, I'll cough, I'll get the tumors, I'll die, deal? 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