"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."
"It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning."David Ricardo on Henry Ford
"Your net worth to the world is usually determined by what remains after your bad habits are subtracted from your good ones."David Ricardo on Benjamin Franklin
"It is a kind of spiritual snobbery that makes people think they can be happy without money."David Ricardo on Albert Camus
"Part of your heritage in this society is the opportunity to become financially independent."David Ricardo on Jim Rohn
"Don't gamble take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it."David Ricardo on Will Rogers
"By far the greatest part of those goods which are the objects of desire, are procured by labour and they may be multiplied, not in one country alone, but in many, almost without any assignable limit, if we are disposed to bestow the labour necessary to obtain them."
"There can be no rise in the value of labour without a fall of profits."
"After all the fertile land in the immediate neighbourhood of the first settlers were cultivated, if capital and population increased, more food would be required, and it could only be procured from land not so advantageously situated."
"The facility of obtaining food is beneficial in two ways to the owners of capital, it at the same time raises profits and increases the amount of consumable commodities."
x Share us on Facebook