Adam Smith quote: Goods can serve many other purposes besides purchasing money, but...

Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods.

Adam Smith

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Adam Smith (1843). “An Inquiry Into the Nature and Causes of the Wealth of Nations With a Life of the Author: Also a View of the Doctrine of Smith, Compared with that of the French Economists, with a Method of Facilitating the Study of His Works, from the French of M. Jariner”, p.177

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Goods can serve many other purposes besides purchasing money, but money can serve no other purpose besides purchasing goods. - Adam Smith

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