The spectacle of a great, solvent government paying a fictitious price for gold it did not want and did not need and doing it on purpose to debase the value of its own paper currency was one to astonish the world.
More Quotes from Garet Garrett:
It is the function of the President, representing the executive principle, to execute the laws.Garet Garrett
This is the problem for which revolutionary theory has yet to find the right solution, if there is one. The difficulty is that the economic interests of the two classes are antagonistic.
Garet Garrett
Is it security you want? There is no security at the top of the world.
Garet Garrett
To the revolutionary mind the American vista must have been almost as incredible as Genghis Khan's first view of China - so rich, so soft, so unaware.
Garet Garrett
Formerly government was the responsibility of people; now people were the responsibility of government.
Garet Garrett
If you put a ten dollar bill under the rug instead of spending it, that is capital formation. It represents ten dollars' worth of something that might have been immediately consumed, but wasn't.
Garet Garrett
Readers Who Like This Quotation Also Like:
Based on Topics: Purposes Quotes, Value Quotes, World QuotesBased on Keywords: astonish, debase, fictitious, solvent, spectacle
I feel responsible; I feel I've got to do something that will leave the kids a place where they can live healthy, safe, productive, creative and prosperous lives.
Dennis Weaver
My number one goal is to love, support and be there for my son.
Farrah Fawcett
When the scheme for the construction of a railroad from Baltimore to the waters of the Ohio River first began to take form, the United States had barely emerged from the Revolutionary period.
John Moody