The egoist is fooled by no ideals: he discards them or uses them, as may suit his own interest.

Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times.

The egoist is fooled by no ideals: he discards them or uses them, as may suit his own interest.

But egoism is more than this. It is the realization by the individual that he is above all institutions and all formulas; that they exist only so far as he chooses to make them his own by accepting them.

Accordingly, when the supply of gold runs short, the security behind the notes is diminished, the loaning of notes is restricted or suspended, and the panic follows.

There is no other who experiences your thoughts or your feelings.

There is never enough gold to redeem all the currency in circulation.