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Quote by Elgin Groseclose

“Until government administrators can so identify the interests of government with those of the people and refrain from defrauding the masses through the device of currency depreciation for the sake of remaining in office, the wiser ones will prefer to keep as much of their wealth in the most stable and marketable forms possible - forms which only the precious metals provide.”

Quote by Elgin Groseclose

Author

Elgin Groseclose

Elgin Groseclose was a distinguished economist, born on November 25, 1899, and passed away on April 4, 1983. His research focused on economic theory and policy analysis, making significant contributions to the development of economics. more

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