Dennis Holme Robertson quotes

The value of a yellow metal (gold), originally chosen as money because it tickled the fancy of savages, is clearly a chancy and irrelevant thing on which to base the value of our money and the stability of our industrial system. (Dennis Holme Robertson)

Islands of conscious power in this ocean of unconscious co-operation like lumps of butter coagulating in a pail of buttermilk.

Dennis Holme Robertson

Looking back the great American ‘stabilisation' [and boom] of 1922-1929 was really a vast attempt to destabilise the value of money in terms of human effort by means of a colossal programme of investment [driven by too easy credit]... which succeeded for a surprisingly long period, but which no human ingenuity could have managed to direct indefinitely on sound and balanced lines. [and therefore it ended dramatically in the huge 1929 stock market crash followed by the Great Depression. ].

Dennis Holme Robertson

Dennis Holme Robertson

Occupation: Economist
Quotes count: 3

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