#commodities

The price of a commodity will never go to zero. When you invest in commodities futures, you're not buying a piece of paper that says you own an intangible piece of company that can go bankrupt. ↗

— Jim Rogers

#buying #commodities #commodity #company #futures

Just as modern mass production requires the standardization of commodities, so the social process requires standardization of man, and this standardization is called equality. ↗

— Erich Fromm

#commodities #equality #just #man #mass

Economy is the basis of society. When the economy is stable, society develops. The ideal economy combines the spiritual and the material, and the best commodities to trade in are sincerity and love. ↗

— Morihei Ueshiba

#best #combines #commodities #develops #economy

When a nation is over-reliant on one or two commodities like oil or precious minerals, corrupt government ministers and their dodgy associates hoard profits and taxes instead of properly allocating them to schools and hospitals. ↗

— Bono

#associates #commodities #corrupt #government #hoard

When you look at a commodities market you need hedgers and speculators. If you don't have one, you don't have a market. That's how it works. ↗

— T. Boone Pickens

#how #look #market #need #speculators

When goods are exchanged between countries, they must be paid for by commodities or gold. They cannot be paid for by the notes, certificates, and checks of the purchaser's country, since these are of value only in the country of issue. ↗

— Carroll Quigley

#cannot #certificates #checks #commodities #countries

A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money. ↗

— David Ricardo

#been #cases #cause #commodities #confined

If the demand for home commodities should be diminished, because of the fall of rent on the part of the landlords, it will be increased in a far greater degree by the increased opulence of the commercial classes. ↗

— David Ricardo

#classes #commercial #commodities #degree #demand

If the quantity of labour realized in commodities, regulate their exchangeable value, every increase of the quantity of labour must augment the value of that commodity on which it is exercised, as every diminution must lower it. ↗

— David Ricardo

#commodities #commodity #diminution #every #exchangeable

The exchangeable value of all commodities, rises as the difficulties of their production increase. ↗

— David Ricardo

#difficulties #exchangeable #exchangeable value #increase #production