AtomicQuote

Ron Chernow Quote

Aware of the widespread prejudice against banks, Hamilton knew he needed to set out their advantages. Echoing Adam Smith, he showed how gold and silver, if locked up in a merchant’s chest, were sterile. Deposit them in a bank, however, and these dead metals sprang to life as nurseries of national wealth, forming a credit supply several times larger than the coins heaped in the bank’s vaults.13

Ron Chernow

Aware of the widespread prejudice against banks, Hamilton knew he needed to set out their advantages. Echoing Adam Smith, he showed how gold and silver, if locked up in a merchant’s chest, were sterile. Deposit them in a bank, however, and these dead metals sprang to life as nurseries of national wealth, forming a credit supply several times larger than the coins heaped in the bank’s vaults.13

Related Quotes

Let's go invent tomorrow instead of worrying about what happened yesterday.

Steve Jobs

Let's go invent tomorrow instead of worrying about what happened yesterday.

Tags: motivational, wisdom, advice

The underbelly of the human psyche, what is often referred to as our dark side, is the origin of every act of self-sabotage. Birthed out of shame, fear, and denial, it misdirects our good intentions a...

Debbie Ford

The underbelly of the human psyche, what is often referred to as our dark side, is the origin of every act of self-sabotage. Birthed out of shame, fear, and denial, it misdirects our good intentions a...

Tags: fear, human, dark

It is man and not the Bible that needs correcting. Greater and more careful scholarship has shown that apparent contradictions were caused by incorrect translations, rather than divine inconsistencies...

Billy Graham

It is man and not the Bible that needs correcting. Greater and more careful scholarship has shown that apparent contradictions were caused by incorrect translations, rather than divine inconsistencies...

Tags: bible, billy graham

Love is composed of a single soul inhabiting two bodies.

Aristotle

Love is composed of a single soul inhabiting two bodies.

Tags: love, soul, companionship, single, love is

Failure to put the relationship on a slower timetable may result in an act that was never intended in the first place. Another important principle is to avoid the circumstances where compromise is lik...

James C. Dobson

Failure to put the relationship on a slower timetable may result in an act that was never intended in the first place. Another important principle is to avoid the circumstances where compromise is lik...

Tags: alone, change, failure, relationship, trust, reason, advice, house, you, words

Police Officer Angry Aggression Theory (POAAT) is why you need to video record the police before they shoot you. Always start the video camera at the first contact, as it can go sour at any time and w...

Steven Magee

Police Officer Angry Aggression Theory (POAAT) is why you need to video record the police before they shoot you. Always start the video camera at the first contact, as it can go sour at any time and w...

Tags: time, fire, gun, always, warning, angry, theory, contact, video, without

Sacrifice of the self is sheer stupidity if sacrifice is not for the self.

Amit Kalantri

Sacrifice of the self is sheer stupidity if sacrifice is not for the self.

Tags: inspirational, knowledge, motivational, wisdom, philosophy, soul, self respect, charity, writing, tolerance

The best thing to hold onto in life is each other.

Audrey Hepburn

The best thing to hold onto in life is each other.

Tags: best, inspirational, life, love

Certainly we can say that the pace of modern life, increased and supported by our technology in general and our personal electronics in particular, has resulted in a short attention span and an addict...

Arthur Rosenfeld

Certainly we can say that the pace of modern life, increased and supported by our technology in general and our personal electronics in particular, has resulted in a short attention span and an addict...

Tags: life, science, society, technology, philosophy, emotion, feeling, meditation, simple, modern society

If you're not reaching back to help anyone then you're not building a legacy.

Germany Kent

If you're not reaching back to help anyone then you're not building a legacy.

Tags: business, leadership, motivational, helping others, motivational inspirational, legacy, stand up, mentoring, success in life, success self improvement