The problem with fiat money is that it rewards the minority that can handle money, but fools the generation that has worked and saved money.
ADAM SMITHI have never known much good done by those who affected to trade for the public good.
More Adam Smith Quotes
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I have no faith in political arithmetic.
ADAM SMITH -
Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.
ADAM SMITH -
Whatever work he does, beyond what is sufficient to purchase his own maintenance, can be squeezed out of him by violence only, and not by any interest of his own.
ADAM SMITH -
What can be added to the happiness of the man who is in health, who is out of debt, and has a clear conscience?
ADAM SMITH -
Every man is rich or poor according to the degree in which he can afford to enjoy the necessaries, conveniences, and amusements of human life.
ADAM SMITH -
Corn is a necessary, silver is only a superfluity.
ADAM SMITH -
The real price of everything, what everything really costs to the man who wants to acquire it, is the toil and trouble of acquiring it.
ADAM SMITH -
I have never known much good done by those who affected to trade for the public good.
ADAM SMITH -
The world neither ever saw, nor ever will see, a perfectly fair lottery.
ADAM SMITH -
People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.
ADAM SMITH -
No complaint is more common than that of a scarcity of money.
ADAM SMITH -
Resentment seems to have been given us by nature for a defense, and for a defense only! It is the safeguard of justice and the security of innocence.
ADAM SMITH -
Every tax ought to be so contrived as both to take out and to keep out of the pockets of the people as little as possible, over and above what it brings into the public treasury of the State.
ADAM SMITH -
Men desire to have some share in the management of public affairs chiefly on account of the importance which it gives them.
ADAM SMITH -
The disposition to admire, and almost to worship, the rich and the powerful, and to despise, or, at least, to neglect persons of poor and mean condition is the great and most universal cause of the corruption of our moral sentiments.
ADAM SMITH