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.
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"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." — Garet Garrett
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If you put a ten dollar bill under the rug instead of spending it, that is capital formation.…
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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. — Garet Garrett
About Garet Garrett
Garet Garrett was a Journalist from United States (1878–1954).
Frequently Asked Questions
Who said "If you put a ten dollar bill under the rug instead of spending it, that is capi…"?
This quote is attributed to Garet Garrett, a Journalist from United States.
When did Garet Garrett live?
Garet Garrett lived from 1878 – 1954.