Ayn Rand: Producing Goods
on Monday, June 13, 2011Ayn Rand Money Quotation saying cash represents energy and effort expended to produce value by those committed to that end, to being useful. Ayn Rand said:
“Money is a tool of exchange, which can’t exist unless there are goods produced and men able to produce them” — Ayn Rand
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In this quote, Ayn Rand is emphasizing the relationship between production, goods, and the ability to use money as a medium of exchange. She is saying that money only has value and purpose in an economy where real goods and services are being produced. If there is nothing being created, and no people or machines capable of creating things of worth, then there would be no point to money as it would have nothing to represent in terms of value.
Rand viewed money as a tool that emerges from and depends on the real productive efforts of individuals, businesses, and economies to invent, build, grow or provide useful things that enhance human life. So for her, the existence of money itself is reliant on the prior existence of production and a capacity for creation of goods in society.