Americans want action for their money. They are fascinated by its self-reproducing qualities if it's put to work. Gold-hoarding goes against the American grain; it fits in better with European pessimism than with America's traditional optimism.

Summary

This quote suggests that Americans value the practical and productive use of money. They are captivated by the idea of money multiplying and generating more wealth when invested. Hoarding gold, on the other hand, contradicts the American mindset, as it aligns more with European pessimism rather than the typical American optimism. Americans prefer to see money actively working and contributing to growth and prosperity, embodying their belief in the potential for success and progress.

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