“The ruling passion of the age is to convert wealth into debt in order toderive a permanent future income from it - to convert wealth that perishesinto debt that endures, debt that does not rot, costs nothing to maintain,and brings in perennial interest.”

Frederick Soddy

Frederick Soddy - “The ruling passion of the age is to...” 1

Similar quotes

“We can pay our debts to the past by putting the future in debt to ourselves.”

John Buchan
Read more

“Once again, the 90/10 rule of money applies - 10% of the borrowers in the world use debt to get richer - 90% use debt to get poorer.”

Robert Kiyosaki
Read more

“Time debt is as big a problem as financial debt.”

Elizabeth Grace Saunders
Read more

“There are only a few absolute truths in finances, like the fact that if you spend less than you make and have no debt, you’re creating wealth. Another is that the housing market is cyclical.”

Celso Cukierkorn
Read more

“Science does not know its debt to imagination.”

Ralph Waldo Emerson
Read more