Quote of the Day
Authors Categories Blog Quote Maker Videos
 

John Buchanan Robinson Quotes: At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.
         

At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.


John Buchanan Robinson
Check all other quotes by John Buchanan Robinson

Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.

Embed:

Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.





Citation

Use the citation below to add this quote to your bibliography:


Styles:

×

MLA Style Citation


"John Buchanan Robinson Quotes." Quoteslyfe.com, 2024. Mon. 29 Apr. 2024. <https://www.quoteslyfe.com/quote/At-present-financial-crises-occur-chiefly-because-730776>.





Check out


Other quotes of John Buchanan Robinson


Your thoughts and emotions are yours alone.

Your thoughts and emotions are yours alone.



In brief, egoism in its modern interpretation, is the antithesis, not of altruism, but of idealism.

In brief, egoism in its modern interpretation, is the antithesis, not of altruism, but of idealism.



There is never enough gold to redeem all the currency in circulation.

There is never enough gold to redeem all the currency in circulation.



There is no word more generally misinterpreted than the word egoism, in its modern sense.

There is no word more generally misinterpreted than the word egoism, in its modern sense.



Paper currency has hitherto been regarded with suspicion, as insecure.

Paper currency has hitherto been regarded with suspicion, as insecure.



But the egoist has no ideals, for the knowledge that his ideals are only his ideals, frees him from their domination. He acts for his own interest, not for the interest of ideals.

But the egoist has no ideals, for the knowledge that his ideals are only his ideals, frees him from their domination. He acts for his own interest, not for the interest of ideals.



The business of a bank is to lend money; which amounts, nowadays, to lending credit.

The business of a bank is to lend money; which amounts, nowadays, to lending credit.



There is no other who experiences your thoughts or your feelings.

There is no other who experiences your thoughts or your feelings.



Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times.

Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times.



Accordingly, when the supply of gold runs short, the security behind the notes is diminished, the loaning of notes is restricted or suspended, and the panic follows.

Accordingly, when the supply of gold runs short, the security behind the notes is diminished, the loaning of notes is restricted or suspended, and the panic follows.





Other quotes you may like


I was a vampire, and she had the sweetest blood I’d smelled in eighty years.

I was a vampire, and she had the sweetest blood I’d smelled in eighty years.



We’re all alive, but we don’t know why or what for; we’re all searching for happiness; we’re all leading lives which are different and yet the same.

We’re all alive, but we don’t know why or what for; we’re all searching for happiness; we’re all leading lives which are different and yet the same.



Initiative is at the heart of manhood

Initiative is at the heart of manhood



You have to be mentally strong to withstand the ridicule of other children and the stares of adults.

You have to be mentally strong to withstand the ridicule of other children and the stares of adults.



Grief is a sign that we loved something more than ourselves. . . . Grief makes us worthy to suffer with the rest of the world.

Grief is a sign that we loved something more than ourselves. . . . Grief makes us worthy to suffer with the rest of the world.



If marriage can be redefined so that it no longer means a man and a woman but two men or two women, why stop there? Why not allow three men or a woman and two men to constitute a marriage?

If marriage can be redefined so that it no longer means a man and a woman but two men or two women, why stop there? Why not allow three men or a woman and two men to constitute a marriage?



The past is dead; The future is imaginary; Happiness can only be in the Eternal Now Moment.

The past is dead; The future is imaginary; Happiness can only be in the Eternal Now Moment.



If it's meant to be for you, it's going to happen.

If it's meant to be for you, it's going to happen.



The faster you blurt, the more swiftly you write, the more honest you are.

The faster you blurt, the more swiftly you write, the more honest you are.



There are no personal revelations other than feelings arising from the work itself

There are no personal revelations other than feelings arising from the work itself




Quote Description


This page presents the quote "At present, financial crises occur, chiefly because the paper currency is redeemable in gold only.". Author of this quote is John Buchanan Robinson. This quote is about financial, paper, gold, currency,.