Quote #197,668
"Capital, however capital may be defined, would practically cease to exist as an income producing fun..." — John Buchanan Robinson
Capital, however capital may be defined, would practically cease to exist as an income producing fund, for the simple reason that if money, wherewith to buy capital, could be obtained for one-half of one per cent, capital itself could command no higher price.
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View AllThe business of a bank is to lend money; which amounts, nowadays, to lending credit.— John Buchanan Robinson