Gold and silver, like other commodities, have an intrinsic value, which is not arbitrary, but is dependent on their scarcity, the quantity of labour bestowed in procuring them, and the value of the capital employed in the mines which produce them.
-- David Ricardo
   
David Ricardo   Name:
David Ricardo
Type:
Economist
Nationality:
British
Birth:
April 18, 1772
Death:
September 11, 1823
https://www.nutquote.com/quote/David_Ricardo