A Quote by Adam Smith

The importation of gold and silver is not the principal, much less the sole benefit which a nation derives from its foreign trade.

Adam Smith

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Benefit Foreign Foreign Trade Gold Gold And Silver Importation Less Much Nation Principal Silver Sole Trade Which

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Adam Smith
Scottish - Economist
June 5, 1723 - July 17, 1790

We can tell the general public that the gold and foreign currency reserves of the Central Bank are not designed to finance the economy, but rather to ensure foreign trade turnover. Therefore, we need this level to be able to provide the necessary foreign trade turnover for such an economy as Russia's for a period of at least three months.

Vladimir Putin

Trade agreements are a net benefit for the world, and a net benefit for our foreign policy, and in the long run, given the dislocations, are a net benefit for us, too.

David Brooks

Therefore today we have an absolutely sufficient level of gold and foreign currency reserves in order to ensure economic stability and sustainable foreign trade turnover.

Vladimir Putin

We want men to rule the nation who care more for and love better the nation's welfare than gold and silver, fame or popularity.

Brigham Young

People adored Element 13's color and luster, which reminded them of the sparkle of gold and silver - a brand-new precious metal. In fact, aluminum became more precious than gold and silver in the 19th century because it was harder to obtain.

Sam Kean

Foreign trade is not a replacement for foreign aid, of course, but foreign aid to a country that doesn't also engage in significant amounts of foreign trade is more likely to end up in the pockets of dictators and cronies.

Brian Behlendorf

Silver is less valuable than gold, gold than virtue. [Lat., Vilius argentum est auro virtutibus aurum.]

Horace

We are passing into a social phase in which unless a heroic effort is made for human dignity and freedom, gold will be the sole method of government and therefore the sole standard of manners.

Gilbert K. Chesterton

The intelligent have a right over the ignorant, namely, the right of instructing them. The right punishment of one out of tune, isto make him play in tune; the fine which the good, refusing to govern, ought to pay, is, to be governed by a worse man; that his guards shall not handle gold and silver, but shall be instructed that there is gold and silver in their souls, which will make men willing to give them every thing which they need.

Ralph Waldo Emerson

Practically and commercially speaking, a dollar is not necessarily a specific thing, made of silver, or gold, or any other single metal, or substance. It is only such a quantum of market value as exists in a given piece of silver or gold.

Lysander Spooner

Silver is of less value than gold, gold than virtue.

Horace

Happy is the man who has that in his soul which acts upon the dejected as April airs upon violet roots. Gifts from the hand are silver and gold, but the heart gives that which neither silver nor gold can buy. To be full of goodness, full of cheerfulness, full of sympathy, full of helpful hope, causes a man to carry blessings of which he is himself as unconscious as a lamp is of its own shining. Such a one moves on human life as stars move on dark seas to bewildered mariners; as the sun wheels, bringing all the seasons with him from the south.

Henry Ward Beecher

The true wealth of a nation lies not in it's gold or silver but in it's learning, wisdom and in the uprightness of its sons.

Khalil Gibran

The desire of gold is not for gold. It is not the love of much wheat, and wool and household stuff. It is the means of freedom and benefit.

Ralph Waldo Emerson

Mischief springs from the power which the moneyed interest derives from a paper currency which they are able to control, from the multitude of corporations with exclusive privileges... which are employed altogether for their benefit.

Andrew Jackson

The riches of a country are to be valued by the quantity of labor its inhabitants are able to purchase, and not by the quantity of silver and gold they possess; which will purchase more or less labor, and therefore is more or less valuable, as is said before, according to its scarcity or plenty.

Benjamin Franklin

A Quote by Adam Smith

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