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Ayn Rand Quotes: Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it.
         

Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it.


Ayn Rand
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Other quotes of Ayn Rand


If the truth shall kill them, let them die.

If the truth shall kill them, let them die.



Potentially, a government is the most dangerous threat to man's rights: it holds a legal monopoly on the use of physical force against legally disarmed victims.

Potentially, a government is the most dangerous threat to man's rights: it holds a legal monopoly on the use of physical force against legally disarmed victims.



The smallest minority on earth is the individual. Those who deny individual rights cannot claim to be defenders of minorities.

The smallest minority on earth is the individual. Those who deny individual rights cannot claim to be defenders of minorities.



The truth is not for all men, but only for those who seek it.

The truth is not for all men, but only for those who seek it.



When you see corruption being rewarded and honesty becoming a self-sacrifice, you may know that your society is doomed

When you see corruption being rewarded and honesty becoming a self-sacrifice, you may know that your society is doomed



We can evade reality, but we cannot evade the consequences of evading reality

We can evade reality, but we cannot evade the consequences of evading reality



So you think that money is the root of all evil. Have you ever asked what is the root of all money?

So you think that money is the root of all evil. Have you ever asked what is the root of all money?



Every aspect of Western culture needs a new code of ethics - a rational ethics - as a precondition of rebirth.

Every aspect of Western culture needs a new code of ethics - a rational ethics - as a precondition of rebirth.



You can ignore reality, but you can't ignore the consequences of ignoring reality.

You can ignore reality, but you can't ignore the consequences of ignoring reality.



But I don't think of you. - Howard Roark

But I don't think of you. - Howard Roark





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The destiny of your land is in the hands of the church and her willingness to declare the position of God in the society

The destiny of your land is in the hands of the church and her willingness to declare the position of God in the society



Thus people--so it seems to me-- Become good friends from sheer ennui.

Thus people--so it seems to me-- Become good friends from sheer ennui.



The more you expect from a volunteer the more you get.

The more you expect from a volunteer the more you get.



Once we get them in the studio, you interview a person the same way you would interview another. You ask them a question. You let them answer. You try to listen closely and then ask a follow-up.

Once we get them in the studio, you interview a person the same way you would interview another. You ask them a question. You let them answer. You try to listen closely and then ask a follow-up.



What's wrong with being a boring kind of guy?

What's wrong with being a boring kind of guy?



There is hardly such a thing as a war in which it makes no difference who wins. Nearly always one side stands more of less for progress, the other side more or less for reaction.

There is hardly such a thing as a war in which it makes no difference who wins. Nearly always one side stands more of less for progress, the other side more or less for reaction.



If you get something for nothing, part of you may be pleased, but part of you moves your hand to give something back.

If you get something for nothing, part of you may be pleased, but part of you moves your hand to give something back.



The great appeal of the doctrine that the mind is a blank slate is the simple mathematical fact that zero equals zero.

The great appeal of the doctrine that the mind is a blank slate is the simple mathematical fact that zero equals zero.




Quote Description


This page presents the quote "Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it.". Author of this quote is Ayn Rand. This quote is about paper, expected, gold, gun, doe, wealth, produce, mortgage,.