Security depends not so much upon how much you have, as upon how much you can do without.
Joseph Wood Krutch
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What we now call 'finance' is, I hold, an intellectual perversion of what began as warm human love. -
I finally know what distinguishes man from the other beasts: financial worries. -
Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them. -
My expertise was in public finance, particularly corporate taxation, since I had worked at the US Treasury. -
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value.
More quotes by Joseph Wood Krutch
- If we do not permit the earth to produce beauty and joy, it will in the end not produce food, either.
- If people destroy something replaceable made by mankind, they are called vandals if they destroy something irreplaceable made by God, they are called developers.
- If we do not permit the earth to produce beauty and joy, it will in the end not produce food, either.
- When a man wantonly destroys one of the works of man we call him a vandal. When he destroys one of the works of god we call him a sportsman.
- Security depends not so much upon how much you have, as upon how much you can do without.