Benjamin Franklin: Procreation of Cash
on Monday, December 17, 2012Benjamin Franklin Money Quote saying the abstract nature of growing wealth via procreation of money is difficult to grasp until it is seen beyond what most experience from interest on a tiny savings account. Benjamin Franklin said:
“Money is of a prolific generating nature. Money can beget money, and its offspring can beget more” — Benjamin Franklin
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In this quote, Benjamin Franklin is describing money as something that can grow and multiply on its own if handled properly. He refers to money as having a “prolific generating nature,” meaning it is naturally fruitful and productive. Franklin states that money can “beget money,” suggesting that initial funds can produce more funds through activities like investing, lending, and business.
His view is that money invested or used to generate returns can then yield even greater amounts, as the “offspring” or profits can themselves be reinvested to create additional wealth over time. The overall interpretation is that Franklin believed money has an inherent ability to expand and reproduce itself when put to work in prudent financial operations and transactions according to his philosophy.