Quote

I admit that one should never underestimate the capacity of banks to destroy enormous amounts of accumulated capital and reduce, temporarily, the supply. After all, capital is the accumulated savings of mankind. And banks are great masters in destroying enormous amounts of capital with great regularity.

Arie de Geus

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Arie de Geus
Age: 89 †
Born: 1930
Born: January 1
Died: 2019
Died: November 9
Business Theorist
Destroy
Banks
Enormous
Underestimate
Masters
Supply
Capacity
Reduce
Temporarily
Mankind
Destroying
Regularity
Amount
Capital
Accumulated
Great
Admit
Amounts
Never
Saving
Savings

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