Bankers Quote by Will Durant
“Perhaps it is one secret of their power that, having studied the fluctuations of prices, the [bankers] know that history is inflationary.”
About This Quote
Source Speech: Economic Lecture, date unknown
Understanding that price fluctuations reveal that money loses value over time, making inflation inevitable.
In simple terms: History shows money loses value.
Plan for inflation.
Themes
Mood
Type
When to use this quote
- personal finance
- investment planning
- business budgeting
Key Concepts
Questions to Reflect On
- How does inflation affect long‑term savings?
- What strategies protect wealth?
Inflation can be mitigated by sound policy.