Quote of the Day
Authors Categories Blog Quote Maker Videos
 

Irving Fisher Quotes: Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess
         

Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess


Irving Fisher
Check all other quotes by Irving Fisher

Want to display this quote image on your website or blog? Simply copy and paste the below code on your website/blog.

Embed:

Format of this image is jpg. The width and height of image are 1200 and 630, repectively. This image is available for free to download.





Citation

Use the citation below to add this quote to your bibliography:


Styles:

×

MLA Style Citation


"Irving Fisher Quotes." Quoteslyfe.com, 2024. Sun. 17 Nov. 2024. <https://www.quoteslyfe.com/quote/Thus-our-national-circulating-medium-is-now-667540>.





Check out


Other quotes of Irving Fisher


Stocks have reached what looks like a permanently high plateau.

Stocks have reached what looks like a permanently high plateau.



There may be a recession in stock prices, but not anything in the nature of a crash.

There may be a recession in stock prices, but not anything in the nature of a crash.



How much there is I want to do! I always feel that I haven't time to accomplish what I wish. I want to read much. I wanted to write a great deal. I want to make money.

How much there is I want to do! I always feel that I haven't time to accomplish what I wish. I want to read much. I wanted to write a great deal. I want to make money.



The end of the decline of the Stock Market will probably not be long, only a few more days at most.

The end of the decline of the Stock Market will probably not be long, only a few more days at most.



The nation is marching along a permanently high plateau of prosperity

The nation is marching along a permanently high plateau of prosperity



The rate of interest acts as a link between income-value and capital-value.

The rate of interest acts as a link between income-value and capital-value.



FISHER SEES STOCKS PERMANENTLY HIGH

FISHER SEES STOCKS PERMANENTLY HIGH



For the immediate future, at least, the outlook (stocks) is bright.

For the immediate future, at least, the outlook (stocks) is bright.





Other quotes you may like


You cannot know where your people are going if you don't know where your people have been.

You cannot know where your people are going if you don't know where your people have been.



The slave is doomed to worship time and fate and death, because they are greater than anything he finds in himself, and because all his thoughts are of things which they devour.

The slave is doomed to worship time and fate and death, because they are greater than anything he finds in himself, and because all his thoughts are of things which they devour.



There is no place to hide but in the blood of the Lamb.

There is no place to hide but in the blood of the Lamb.



The purpose of art is higher than art. What we are really interested in are masterpieces of humanity.

The purpose of art is higher than art. What we are really interested in are masterpieces of humanity.



There is a fine line between optimism and delusion. I cross it often.

There is a fine line between optimism and delusion. I cross it often.



Because I am still a little girl who believes in Santa and the tooth fairy and you.

Because I am still a little girl who believes in Santa and the tooth fairy and you.



The day effort ceased, I also ceased. Because you cannot exist without effort, and you cannot exist without desire, and you cannot exist without striving.

The day effort ceased, I also ceased. Because you cannot exist without effort, and you cannot exist without desire, and you cannot exist without striving.



Caring about what people think of me decreases everyday.

Caring about what people think of me decreases everyday.



Hannakins: I know you guys are living out your own private Romeo and Juliet love story, but remember: Both of them die in Act V. -A

Hannakins: I know you guys are living out your own private Romeo and Juliet love story, but remember: Both of them die in Act V. -A



A second-guesser is one who doesn't know anything about the first guess, and he's one who needs 2 guesses to get one right.

A second-guesser is one who doesn't know anything about the first guess, and he's one who needs 2 guesses to get one right.




Quote Description


This page presents the quote "Thus, our national circulating medium is now at the mercy of loan transactions of banks, which lend, not money, but promises to supply money they do not possess". Author of this quote is Irving Fisher. This quote is about transactions, promise, money, loan, banking, mercy, historical,.