Quote by John Law - Deepstash
John Law

“Money is not the value for which goods are exchanged, but the value by which they are exchanged.”

JOHN LAW

125

601 reads

CURATED FROM

IDEAS CURATED BY

val_q

"Rule No.1: Never lose money. Rule No.2: Never forget rule No.1." ~ Warren Buffett

The idea is part of this collection:

How To Make Friends As An Adult

Learn more about moneyandinvestments with this collection

How to find common interests

How to be a good listener

How to overcome social anxiety

Related collections

Similar ideas

Non-fungible token (NFT)

Non-fungible token (NFT)

  • In economics, a fungible asset is like money - it is something with units that can be interchanged. With money, a $10 can be exchanged for two $5, and it still has the same value.
  • If something is non-fungible, it has unique properties and cannot be i...

Rich people 

Rich people are not all obsessed with money. Some talk about money but they understand that their money does not equate to their inherent value. They don't act entitled to anything. They work hard for what they want.

It is called class. You can't buy it. If you find yourself with a friend l...

Intellectual Capital

Intellectual Capital

Knowledge is the new money. While goods and services are becoming demonetized and replaced by machines, knowledge is becoming increasingly valuable.

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates