Skip to main content
The world's central banks and the International Monetary Fund still have vaults full of bullion, even though currencies are no longer backed by gold. Governments hold on to it as a kind of magic symbol, a way of reassuring people that their money is real.
James Surowiecki
Create image
Share

What does this quote mean?

This quote can be used as a reminder to reflect, share encouragement, or express a thoughtful idea. Create a quote image or explore related quotes below.

Best used for

  • Instagram captions
  • Pinterest quote pins
  • Personal reflection
  • Speeches
  • Greeting cards

Caption suggestions

Instagram caption

"The world's central banks and the International Monetary Fund still have vaults full of bullion, even though currencies are no longer backed by gold. Governments hold on to it as a kind of magic symbol, a way of reassuring people that their money is real."
— James Surowiecki #moneywealth

Pinterest title

The world's central banks and the International Monetary Fund still have vaults full of bullio…

Pinterest description

The world's central banks and the International Monetary Fund still have vaults full of bullion, even though currencies are no longer backed by gold. Governments hold on to it as a kind of magic symbol, a way of reassuring people that their money is real. — James Surowiecki

About James Surowiecki

James Surowiecki was a Journalist from United States (1967–present).

Read more about James Surowiecki →

Frequently Asked Questions

Who said "The world's central banks and the International Monetary Fund still have vaults…"?
This quote is attributed to James Surowiecki, a Journalist from United States.
When did James Surowiecki live?
James Surowiecki lived from 1967 – present.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.