The ruling passion of the age is to convert wealth into debt in order toderive a permanent future income from it - to convert wealth that perishesinto debt that endures, debt that does not rot, costs nothing to maintain, and brings in perennial interest.

Frederick Soddy
Some Similar Quotes
  1. I've been making a list of the things they don't teach you at school. They don't teach you how to love somebody. They don't teach you how to be famous. They don't teach you how to be rich or how to be poor. <span style="margin:15px;... - Neil Gaiman

  2. Keep your best wishes, close to your heart and watch what happens - Tony Deliso

  3. Happiness is part of who we are. Joy is the feeling - Tony Deliso

  4. Don't blow off another's candle for it won't make yours shine brighter. - Jaachynma N.E. Agu

  5. Those born to wealth, and who have the means of gratifying every wish, know not what is the real happiness of life, just as those who have been tossed on the stormy waters of the ocean on a few frail planks can alone realize the... - Alexandre Dumas

More Quotes By Frederick Soddy
  1. The ruling passion of the age is to convert wealth into debt in order toderive a permanent future income from it - to convert wealth that perishesinto debt that endures, debt that does not rot, costs nothing to maintain, and brings in perennial interest.

  2. Debts are subject to the laws of mathematics rather than physics. Unlike wealth, which is subject to the laws of thermodynamics, debts do not rot with old age and are not consumed in the process of living. On the contrary, they grow at so much...

  3. It is a curious thought that the earliest description of the steam-engine in antiquity describes its use for the magic opening of the temple doors, when the priests lit the fires on the altars, to deceive the populace into ascribing to a deity what was...

Related Topics