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David Ricardo Quotes: Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.
         

Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.


David Ricardo
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Other quotes of David Ricardo


The farmer and manufacturer can no more live without profit than the labourer without wages.

The farmer and manufacturer can no more live without profit than the labourer without wages.



Nothing contributes so much to the prosperity and happiness of a country as high profits.

Nothing contributes so much to the prosperity and happiness of a country as high profits.



There can be no rise in the value of labour without a fall of profits.

There can be no rise in the value of labour without a fall of profits.



There is no way of keeping profits up but by keeping wages down.

There is no way of keeping profits up but by keeping wages down.



If a tax on malt would raise the price of beer, a tax on bread must raise the price of bread.

If a tax on malt would raise the price of beer, a tax on bread must raise the price of bread.



Profits are not made by differential cleverness, but by differential stupidity.

Profits are not made by differential cleverness, but by differential stupidity.



Money is neither a material to work upon nor a tool to work with.

Money is neither a material to work upon nor a tool to work with.



The exchangeable value of all commodities rises as the difficulties of their production increase.

The exchangeable value of all commodities rises as the difficulties of their production increase.



There can be no greater error then in supposing that capital is increased by non-consumption.

There can be no greater error then in supposing that capital is increased by non-consumption.



Like all other contracts, wages should be left to the fair and free competition of themarket, and should never be controlled by the interference of the legislature.

Like all other contracts, wages should be left to the fair and free competition of themarket, and should never be controlled by the interference of the legislature.





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Don't panic. Say, Hey, no problem. Run a hand through your hair like the whiteboys do even though the only thing that runs easily through your hair is Africa.

Don't panic. Say, Hey, no problem. Run a hand through your hair like the whiteboys do even though the only thing that runs easily through your hair is Africa.



Historically, in my generation, all of my heroes and heroines have had issues and problems. We all do.

Historically, in my generation, all of my heroes and heroines have had issues and problems. We all do.



Genius sometimes consists of knowing when to stop.

Genius sometimes consists of knowing when to stop.



What really decides consumers to buy or not to buy is the content of your advertising, not its form.

What really decides consumers to buy or not to buy is the content of your advertising, not its form.



I want to move from what we let go of to whom we hold on to. I want to explore not just the gravity of what we forsake in this world, but also the greatness of the one we follow in this world.

I want to move from what we let go of to whom we hold on to. I want to explore not just the gravity of what we forsake in this world, but also the greatness of the one we follow in this world.



I don't really bust anybody publicly. It's much more efficient if I can impact the creators. So that's what we do. It's had a great impact.

I don't really bust anybody publicly. It's much more efficient if I can impact the creators. So that's what we do. It's had a great impact.



My first crush was Barry Manilow. He performed on TV and I taped it. When no was around I'd kiss the screen.

My first crush was Barry Manilow. He performed on TV and I taped it. When no was around I'd kiss the screen.



The recent medical controversy over whether vaccinations cause autism reveals a habit of human cognition — thinking anecdotally comes naturally, whereas thinking scientifically does not.

The recent medical controversy over whether vaccinations cause autism reveals a habit of human cognition — thinking anecdotally comes naturally, whereas thinking scientifically does not.



I don't think you can really, truly be the partner you want to be until you know on an absolute level that you are a complete person on your own.

I don't think you can really, truly be the partner you want to be until you know on an absolute level that you are a complete person on your own.



You've got to go through it to get to the end of it.

You've got to go through it to get to the end of it.




Quote Description


This page presents the quote "Neither a state nor a bank ever have had unrestricted power of issuing paper money without abusing that power.". Author of this quote is David Ricardo. This quote is about paper money, paper, power, economics, states,.