“If you put a ten dollar bill under the rug instead of spending it, that is capital formation. It represents ten dollars' worth of something that might have been immediately consumed, but wasn't.”
Book:The People's Pottage
Quote by Garet Garrett
Work
The People's Pottage
This book delves into the lives of individuals within a community, illustrating the interconnectedness of their experiences and the collective spirit that binds them together. more
Author
Garet Garrett
Garet Garrett was an American journalist and author renowned for his political commentary and economic analysis. Born in February 19, 1878, and passing away on November 6, 1954, Garrett's career spanned several decades, during which he made significant contributions to the understanding of economic and political issues of his era. more
You May Also Like
“It is the function of the President, representing the executive principle, to execute the laws.”
Source: The Revolution was
Source: The People's Pottage
Source: The Revolution was
Source: The Revolution was
“Well, where there is freedom doubt itself must be free.”
Source: The People's Pottage
“You do not defend a world that is already lost.”
Source: The People's Pottage