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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.
John Buchanan Robinson
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"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."
— John Buchanan Robinson #moneywealth

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Capital, however capital may be defined, would practically cease to exist as an income produci…

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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. — John Buchanan Robinson

About John Buchanan Robinson

John Buchanan Robinson was a Politician from United States (1846–1933).

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Frequently Asked Questions

Who said "Capital, however capital may be defined, would practically cease to exist as an…"?
This quote is attributed to John Buchanan Robinson, a Politician from United States.
When did John Buchanan Robinson live?
John Buchanan Robinson lived from 1846 – 1933.
What is this quote about?
This quote touches on Money & Wealth. Browse more quotes on these themes from the categories page.