Quotessence
Home / Quotes / Quote by James Surowiecki

Quote by James Surowiecki

“The world's central banks and the International Monetary Fund still have vaults full of bullion, even though currencies are no longer backed by gold. Governments hold on to it as a kind of magic symbol, a way of reassuring people that their money is real.”

Quote by James Surowiecki

Author

James Surowiecki
James Surowiecki

James Surowiecki is a renowned journalist and author, born in 1967. He is known for his insightful analysis of economic and social issues, particularly for his ability to translate complex economic theories into easily understandable content. more

You May Also Like