A Quote by Alfred Marshall

Civilized countries generally adopt gold or silver or both as money.

Alfred Marshall

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Money Adopt Both Civilized Countries Generally Gold Silver

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Alfred Marshall
English - Economist
July 26, 1842 - July 13, 1924

Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges.

Mark Skousen

It would be too ridiculous to go about seriously to prove that wealth does not consist in money, or in gold and silver; but in what money purchases, and is valuable only for purchasing. Money no doubt, makes always a part of the national capital; but it has already been shown that it generally makes but a small part, and always the most unprofitable part of it.

Adam Smith

Although gold and silver are not by nature money, money is by nature gold and silver.

Karl Marx

Monetary reform, if it is to be genuine and successful, must sever money and banking from politics. That's why a modern gold standard must have: no central bank; no fixed rations between gold and silver; no bail-outs; no suspension of gold payments or other bank frauds; no monetization of debt; and no inflation of the money supply, all of which have proved so disastrous in the past.

Lawrence Reed

Gold and silver are constituted, by the nature of things, money, and universal money, independent of all convention, and of all laws.

Anne-Robert-Jacques Turgot, Baron de Laune

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

There have been unions based on gold or silver, but not on fiat money - money tempted to inflate - put out by politically independent entities.

Milton Friedman

Under the gold standard gold is money and money is gold. It is immaterial whether or not the laws assign legal tender quality only to gold coins minted by the government.

Ludwig von Mises

My treasure chest is filled with gold. Gold . . . gold . . . gold . . . Vagabond's gold and drifter's gold . . . Worthless, priceless, dreamer's gold . . . Gold of the sunset . . . gold of the dawn . . .Gold of the showertrees on my lawn . . . Poet's gold and artist's gold . . . Gold that can not be bought or sold - Gold.

Don Blanding

We want and expect to win the silver or gold. A bronze would be a step back. In fact, we think it would be a put-down if we don't win the silver or gold.

Betty Okino

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

If you are worshipping false gods-such as football, baseball, gold, tennis, or money or technology or automobiles or houses or gold or silver-and you can tell what a man worships by what he does on Sunday-repent and start worshipping the true and living God, the maker of heaven and earth and all things that in them are.

Hartman Rector, Jr.

And of course most non-Catholics imagine that the Church is immensely rich, and that all Catholic institutions make money hand over fist, and that all the money is stored away somewhere to buy gold and silver dishes for the Pope and cigars for the College of Cardinals.

Thomas Merton

There is a way to play this game physically, but it's the mental part that's going to separate gold from silver and silver from bronze.

Lisa Fernandez

I think anybody who is interested in keeping their money safe from the criminal banking system would want gold, silver, and Bitcoin.

Max Keiser

Article 1 Section 8 of the Constitution says Congress has the ability to coin money and regulate the currency and doesn't say anything about gold or silver.

Ron Paul

A Quote by Alfred Marshall

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