“If you put a ten dollar bill under the rug instead of spending it, that is capital formation. It represents ten dollars' worth of something that might have been immediately consumed, but wasn't.”
Author details
Related authors
Other Garet Garrett Quotes
Loyalty of the law-making power to the executive power was one of the dangers the political fathers foretold.
Garet Garrett 
56% of people like this quote
The New Deal's enmity for that system of free and competitive private enterprise which we call capitalism was fundamental.
Garet Garrett
54% of people like this quote
The winds that blow our billions away return burdened with themes of scorn and dispraise.
Garet Garrett
54% of people like this quote
Revolution in the modern case is no longer an uncouth business.
Garet Garrett
53% of people like this quote
Lenin, the greatest theorist of them all, did not know what he was going to do after he had got the power.
Garet Garrett
53% of people like this quote