A Quote by Adam Smith

Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods. — © Adam Smith
Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.
Besides creating more compulsive gamblers, money spent on lotteries isn't spent on other goods such as clothing or computers, which would trickle through to retailers, manufacturers and other parts of the economy
What we're talking about is the price of goods, all goods, in terms of money. That has nothing to do with unemployment, except for the fact that you get fewer goods. And when you have more money and fewer goods, the amount of dollars per good goes up. It goes up because there are fewer goods and it goes up because there is more money.
Money is the general medium of exchange. It is the thing for which all other goods are traded, the means of final payment for such goods on the market.
An underpaid man is a customer reduced in purchasing power. He cannot buy. Business depression is caused by weakened purchasing power. Purchasing power is weakened by uncertainty or insufficiency of income. The cure of business depression is through purchasing power, and the source of purchasing power is wages.
As has been stated, the purpose of money is to split barter into two parts so that the seller is free to find his source of supply later and elsewhere. This is the sole purpose of money. Any effort to use money to serve another purpose is perversive; and this statement condemns the entire managed money philosophy.
Attracting business to a city is of huge benefit for taxes, jobs, purchasing of homes and home goods.
Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.
I'm never gonna owe money because every time I get a dollar, I put it into another business, whether it's to buy goods or develop other companies. You don't have money; you have companies. That's one business model. That's mine. And I only associate with other people that are putting up their own money, 'cause they're the only ones that can relate.
Despite the Obama administration's proclaimed commitment to global Internet freedom, the executive branch is not transparent about the types and capabilities of surveillance technologies it is sourcing and purchasing - or about what other governments are purchasing the same technology.
That it is logical, fair and reasonable to maintain the purchasing power of an hour's work in terms of goods and services the employee must purchase in his daily living.
If I buy a car, I use the car, you don't, and the market for cars works pretty well. But there are many other sorts of goods, often very important goods, which are not provided well through the market. Often, these go under the heading of public goods.
quoting reminds me there are other people in the world besides only me. And other thoughts besides mine, and other ways of thinking.
The Central Bank is constantly purchasing, purchasing and selling and vice versa - this is their job.
No language is justly studied merely as an aid to other purposes. It will in fact better serve other purposes, philological or historical, when it is studied for love, for itself.
In the end, money should serve something greater than just money. It should serve you, your family, the people you want to touch.
Why should I be polished and improved like goods for sale? I might not even want to marry! And besides, I have many skills. I can read and write and play the flute and harp. Why should I change to please some man? If he doesn’t like me the way I am, then he can get some other girl for his wife.
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