John Buchanan Robinson Quotes

John Buchanan Robinson
John Buchanan Robinson
American Politician
Born: May 23, 1846
Died: Jan 28, 1933
Currency Interest Money Own People Your
Related authors: Alexander Hamilton Alexandria Ocasio-Cortez Benjamin Franklin Bernie Sanders John F. Kerry Nancy Pelosi Robert Kennedy Shirley Chisholm
At present, financial crises occur, chiefly because the paper currency is redeemable in gold only. John Buchanan Robinson
Financial Paper Paper Currency Financial Crises Crises Only Because Occur Chiefly Currency Gold Present
But egoism is more than this. It is the realization by the individual that he is above all institutions and all formulas; that they exist only so far as he chooses to make them his own by accepting them. John Buchanan Robinson
Own Above More Only Individual He Institutions Make Accepting His Exist Than Egoism Formulas Them Far Realization Chooses
In brief, egoism in its modern interpretation, is the antithesis, not of altruism, but of idealism. John Buchanan Robinson
Interpretation Idealism Altruism Antithesis Egoism Modern Brief
The egoist is fooled by no ideals: he discards them or uses them, as may suit his own interest. John Buchanan Robinson
Own Fooled He Ideals His May Interest Them Uses Suit
However near and dear to you may be your wife, children, friends, they are not you; they are outside of you. John Buchanan Robinson
You Wife Outside Dear However Friends May Children Your Near
Your thoughts and emotions are yours alone. John Buchanan Robinson
Alone Thoughts Emotions Your Yours
Sometimes, instead of purchasing a commodity out and out, people want to buy only the use of it, for a longer or shorter period. The price paid for such temporary use is commonly called hire. John Buchanan Robinson
Buy People Sometimes Out Purchasing Temporary Only Price Instead Longer Period Hire Commodity Want Commonly Paid Use
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. John Buchanan Robinson
Money Sums Carry Silver Because Were Times Commercial Than Gold Transactions Available Far Far Less Paid Use Less Large Large Sums Amount Needed
Modern money is almost altogether credit money. John Buchanan Robinson
Money Almost Altogether Modern Credit
Capital, however capital may be defined, would practically cease to exist as an income producing fund, for the simple reason that if money, wherewith to buy capital, could be obtained for one-half of one per cent, capital itself could command no higher price. John Buchanan Robinson
Buy Money Simple Defined Would Per Simple Reason Could Higher Price Obtained Practically However Command Exist Cease Cease To Exist Itself May Cent Capital Producing Reason Fund Income
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. John Buchanan Robinson
Panic Diminished Security Runs Follows Restricted Supply Accordingly Suspended Behind Short Gold Notes
Paper currency has hitherto been regarded with suspicion, as insecure. John Buchanan Robinson
Paper Paper Currency Insecure Been Hitherto Currency Suspicion Regarded
When not only gold but all commodities are available for the redemption of the paper currency, its volume is limited only by the value of all the wealth of the country, and it can never become insecure up to this limit. John Buchanan Robinson
Wealth Value Country Become Paper Paper Currency Insecure Only Never Volume Redemption Limit Limited Up Currency Commodities Gold Available

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