He is a great simpleton who imagines that the chief power of wealth is to supply wants. In ninety-nine cases out of a hundred it creates more wants than it supplies.

Summary

This quote suggests that it is foolish to believe that the main purpose of wealth is to fulfill one's needs. Instead, it argues that wealth often leads to the creation of more desires and wants than it can actually satisfy. In other words, the pursuit of wealth often perpetuates a cycle of materialistic cravings and dissatisfaction, rather than providing genuine fulfillment and contentment.

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