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"Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them."
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"Praise, like gold and diamonds, owes its value only to its scarcity."
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Personal Development
"Gold like the sun, which melts wax, but hardens clay, expands great souls."
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Personal Development
"You do not boo an Olympic Gold Medalist. I'm the best in the world. I came here for you. You dont' boo me."
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"It really means a lot that I won the gold medal - but I woke up the next morning expecting to feel different. I felt the same."
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"Mystery is a resource, like coal or gold, and its preservation is a fine thing."
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Personal Development
"Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them."
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Personal Development
"The alchemists in their search for gold discovered many other things of greater value."
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"Gold, on the contrary, though of little use compared with air or water, will exchange for a great quantity of other goods."
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"Do not hold everything as gold that shines like gold."
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"A man that hoards up riches and enjoys them not, is like an ass that carries gold and eats thistles."
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"But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed."
Economy
"Profits might also increase, because improvements might take place in agriculture, or in the implements of husbandry, which would augment the produce with the same cost of production."
Agriculture
"After all the fertile land in the immediate neighbourhood of the first settlers were cultivated, if capital and population increased, more food would be required, and it could only be procured from land not so advantageously situated."
Food
"If we were left to ourselves, unfettered by legislative enactments, we should gradually withdraw our capital from the cultivation of such lands, and import the produce which is at present raised upon them."
Present
"The proportions, too, in which the capital that is to support labour, and the capital that is invested in tools, machinery and buildings, may be variously combined."
Finance
"A rise in wages, from an alteration in the value of money, produces a general effect on price, and for that reason it produces no real effect whatever on profits."
Money
"In the same manner if any nation wasted part of its wealth, or lost part of its trade, it could not retain the same quantity of circulating medium which it before possessed."
Wealth
"It is not by the absolute quantity of produce obtained by either class, that we can correctly judge of the rate of profit, rent, and wages, but by the quantity of labour required to obtain that produce."
Economy
"In stating the principles which regulate exchangeable value and price, we should carefully distinguish between those variations which belong to the commodity itself, and those which are occasioned by a variation in the medium in which value is estimated, or price expressed."
Economy
"During the period of capital moving from one employment to another, the profits on that to which capital is flowing will be relatively high, but will continue so no longer than till the requisite capital is obtained."
Will
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