Gold was an objective value, an equivalent of wealth produced. Paper is a mortgage on wealth that does not exist, backed by a gun aimed at those who are expected to produce it. β¨ Ayn Rand (1963). For the New Intellectual: The Philosophy of Ayn Rand (50th Anniversary Edition), p.74, Penguin
More Author Quotes
- Do not keep silent when your own ideas and values are being attacked. If a dictatorship ever comes to this country, it will be by the fault of those who keep silent. We are still free enough to speak β¦ βΆ
- The man who lets a leader prescribe his course is a wreck being towed to the scrap heap. β¨ Ayn Rand (1963). For the New Intellectual: The Philosophy of Ayn Rand (50th Anniversary Edition), p.105, Pen β¦ βΆ
- There is no difference between communism and socialism, except in the means of achieving the same ultimate end: communism proposes to enslave men by force, socialism - by vote. It is merely the diffe β¦ βΆ
- Capitalism is the only system that can make freedom, individuality, and the pursuit of values possible in practice. When I say 'capitalism,' I mean a pure, uncontrolled, unregulated laissez-faire cap β¦ βΆ
- If any part of your uncertainty, is a conflict between your heart and your mind - follow your mind. β¨ Ayn Rand Novel Collection.
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