Gold and silver, like other commodities, have an i...

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.

-David Ricardo

Gold and silver, like other commodities, have an i... meanings

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Gold and silver, like other commodities, have an i... quote in Urdu

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Frequently Asked Questions (FAQ)

Who said "Gold and silver, like other commodities, have an i... "?

"Gold and silver, like other commodities, have an i... " is one of a famous quotes by David Ricardo. Complete quote is as follows;
"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."

What is "Gold and silver, like other commodities, have an i... "?

"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." This is a quote by David Ricardo which is about . He is known to have been associated with numerous other thought provoking quotes on these topics like;

  • I believe in capitalism for everybody, not necessarily high finance but capitalism that works for the working men and women of this country who are out there paddling alone in America right now.
"

What does "Gold and silver, like other commodities, have an i... " mean?

This quote is primarily about finance although it also includes other themes like . It is attributed to David Ricardo. Complete quote is as follows;
"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."