Quote by Mark Twain
Beautiful credit! The foundation of modern society. Who shall say that this is not the golden age of mutual trust, of unlimited reliance upon human promises? That is a peculiar condition of society which enables a whole nation to instantly recognize point and meaning in the familiar newspaper anecdote, which puts into the mouth of a distinguished speculator in lands and mines this remark: 'I wasn't worth a cent two years ago, and now I owe two millions of dollars.
Summary
This quote satirically highlights the excessive reliance on credit in modern society. It suggests that trust and reliance on human promises have reached an unparalleled level, leading to a golden age of credit. The quote humorously portrays a scenario where a speculator went from being penniless to owing millions of dollars, implying that the concept of credit has become inflated and perhaps even irrational in society.
By Mark Twain