A commodity appears at first sight an extremely obvious, trivial thing. But its analysis brings out that it is a very strange thing, abounding in metaphysical subtleties and theological niceties. — Karl Marx
There is no such thing as a commodity. It is simply a product waiting to be differentiated. — Philip Kotler
Commodities tend to zig when the equity markets zag. — Jim Rogers
The price of a commodity will never go to zero. When you invest in commodities futures, you're not buying a piece of paper that says you own an intangible piece of company that can go bankrupt. — Jim Rogers
A good that assumes the role of a widely accepted medium of exchange is called money. — Saifedean Ammous
Peace is the most valuable commodity. And it's free! — Ajahn Brahm
The exchangeable value of all commodities, rises as the difficulties of their production increase. — David Ricardo
In commodities, when prices go up, demand goes down. In stocks, when prices go up, demand goes up. — Rakesh Jhunjhunwala
Ideas are commodity. Execution of them is not. — Michael Dell
Good merchandise, even hidden, soon finds buyers. — Plautus
The most valuable commodity of the 21st century will be undivided attention. — Phil Cooke
The labor of a human being is not a commodity or article of commerce. — Samuel Gompers
Labour, like all other things which are purchased and sold... has its natural and its market price. — David Ricardo
Economy is the basis of society. When the economy is stable, society develops. The ideal economy combines the spiritual and the material, and the best commodities to trade in are sincerity and love. — Morihei Ueshiba
Thou, O God, dost sell us all good things at the price of labor. — Leonardo da Vinci
Short Commodity Quotes
Strategy is a commodity, execution is an art. — Peter Drucker
Money degrades all the gods of man and converts them into commodities. — Karl Marx
Hope is an expensive commodity. It makes better sense to be prepared. — Thucydides
Oil is much too important a commodity to be left in the hands of the Arabs. — Sayings
We abuse land because we regard it as a commodity belonging to us. — Aldo Leopold
You know, you really can't beat a household commodity - the ketchup bottle on the kitchen table. — Adlai E. Stevenson
Historically, there has been a bull market in commodities every 20 or 30 years. — Jim Rogers
Absolute truth is a very rare and dangerous commodity in the context of professional journalism. — Hunter S. Thompson
I am determined and ready to be a commodity that fulfills everyone's fantasies. — Sasha Grey
Please eat less meat - meat is a very carbon-intensive commodity. — Rajendra K. Pachauri
Commodity Image Quotes
Wealth breeds a class of people for whom human beings are disposable commodities. Once oligarchs achieve unchecked economic and political power, as they have in the United States, the citizens too become disposable.
Live Commodity Quotes
People who build their own home tend to be very courageous. These people are curious about life. They're thinking about what it means to live in a house, rather than just buying a commodity and making it work. — Tom Kundig
All life worth living is difficult, nobody promised us happiness; it is not a commodity you have earned, or shall ever earn. It is a by-product of brave living, and it never comes in the form we expect, or at the season we hoped for, or as the result of our planning for it. — Katherine Anne Porter
We live in a culture where everything is designed for our comfort or entertainment but nothing satisfies. At our core, we remain insatiable, constantly on the prowl for new commodities and pleasant sensations to fill the void. — Daniel Pinchbeck
Capital is money, capital is commodities. By virtue of it being value, it has acquired the occult ability to add value to itself. It brings forth living offspring, or, at the least, lays golden eggs. — Karl Marx
Waste is unjustified, and especially the waste of time limited as that commodity is in our days of probation. One must live, not only exist; he must do, not merely be; he must grow, not just vegetate. — Spencer W. Kimball
Fear is the most valuable commodity in the universe...Turn on the TV...What are you seeing? People selling their products? No. People selling the fear of you having to live without their products. — Max Brooks
Life can be lived at a remove. You trade in futures, and then you trade in derivatives of futures. Banks make more money trading derivatives than they do trading actual commodities. — Sebastian Faulks
The Marine Corps is some of the best acting training you could have. Having that responsibility for people's lives, suddenly time becomes a really valuable commodity and you want to make the most of it. And for acting, you just have to do the work, just keep doing it. — Adam Driver
The conditions conducive to deep thought have become increasingly rare in our highly mediated lives... Now we live in an attention economy, where the most in-demand commodity is 'eyeballs. — Laura Miller
Information is the most valuable commodity in the world today and this business is about giving people access to information that is relevant to their lives. — James Murdoch
Commodity Prices Quotes
You want a product to be unique. You don’t want it to be a commodity that everyone else can sell. Because when you sell a commodity – anyone can sell it and they can sell it at a better price and it’s very hard to make a profit doing that. — Bill Ackman
If, however, a government refrains from regulations and allows matters to take their course, essential commodities soon attain a level of price out of the reach of all but the rich, the worthlessness of the money becomes apparent, and the fraud upon the public can be concealed no longer. — John Maynard Keynes
A rise of wages from this cause will, indeed, be invariably accompanied by a rise in the price of commodities; but in such cases, it will be found that labour and all commodities have not varied in regard to each other, and that the variation has been confined to money. — David Ricardo
I am concerned about any attrition in customer traffic at Starbucks, but I don't want to use the economy, commodity prices or consumer confidence as an excuse. — Howard Schultz
The thing you have to remember is, oil and gas are commodities, and the more we use them the more the price goes up, like any commodity. Solar, wind - they are technologies, so the more you use them, the more the price goes down. — Thomas Friedman
In theory, everybody buys the best and cheapest commodities offered to him on the market. In practice, if every one went around pricing, and chemically testing before purchasing, the dozens of soaps or fabrics or brands of bread which are for sale, economic life would become hopelessly jammed. — Edward Bernays
Once the dollar begins to collapse beneath the weight of all this new deficit spending, accumulation of contingency liabilities and the socialization of our economy, commodity prices and interest rates will head skyward. — Peter Schiff
In the market economy the worker sells his services as other people sell their commodities. The employer is not the employee's lord. He is simply the buyer of services which he must purchase at their market price. — Ludwig von Mises
What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation. — Ludwig von Mises
The opinions that the price of commodities depends solely on the proportion of supply and demand, or demand to supply, has become almost an axiom in political economy, and has been the source of much error in that science. — David Ricardo
I'll tell you what the public likes more than anything, it's the most rare commodity in the world - honesty. — Merle Haggard
Few men are willing to brave the disapproval of their fellows, the censure of their colleagues, the wrath of their society. Moral courage is a rarer commodity than bravery in battle or great intelligence. Yet it is the one essential, vital quality for those who seek to change the world which yields most painfully to change. — Robert Kennedy
There are people who are avaricious parasites. There are psychotic geniuses in control of this planet, and to them human beings are only a commodity to be bought and sold and traded. — Alex Jones
Who taught me that animals were put on this Earth for food? Who taught me to disrespect animals and view them as mere commodities? Who stole my compassion, my empathy and my conscience? Who lied to me? Who instilled this vicious mindset of human-to-animal exploitation as standard operating procedure? — Gary Yourofsky
We abuse land because we regard it as a commodity belonging to us. When we see land as a community to which we belong, we may begin to use it with love and respect. — Aldo Leopold
It is here we come to the heart of the matter. The economic principle of comparative advantage', 'a country may, in return for manufactured commodities, import corn even if it can be grown with less labour than in the country from which it is imported — David Ricardo
If a marriage is going to work well, it must be on a solid footing, namely money, and of that commodity it is the girl with the smallest dowry who, to my knowledge, consumes the most, to infuriate her husband. All the same, it is only fair that the marriage should pay for past pleasures, since it will scarcely procure any in the future. — Lord Chesterfield
To succeed in business, you must build a brand and never destroy it. One competitive advantage I had when I ventured into manufacturing was my brand “Dangote,” which I diligently built in the course of my trading commodities. — Aliko Dangote
People typically only believe they're in a negotiation when dollars are involved. And maybe sometimes they're smart enough to see if there's a commodity that you can count being exchanged. And, of course, the commodity that we most commonly exchange is money. — Chris Voss
Gold is the most precious of all commodities; gold constitutes treasure, and he who possesses it has all he needs in the world, as also the means of rescuing souls from purgatory, and restoring them to the enjoyment of paradise. — Christopher Columbus
With government-issued money with negligible value as a commodity, salability can be compromised by the governments that issued it, declaring it no longer suitable as legal tender. Indians who woke up on November 8, 2016, to hear that their government had suspended the legal tender status of 500 and 1,000 rupee notes can certainly relate. In the blink of an eye, what was highly salable money lost its value and had to be exchanged at banks with very long lines. — Saifedean Ammous
I sometimes lie, especially about personal things, because what does it matter? I am a kind of minute commodity. My name is no longer my own. I try to lie as much as I can when I’m interviewed. It’s reverse psychology. I figure if you lie, they’ll print the truth. — River Phoenix
From day one, I was always unafraid to ask someone to invest because, I thought that, while capital was a commodity, good investment ideas were rare assets. — Bill Ackman
Austrian economists are rarely dogmatic or objectivist in their definition of sound money. They define it not as a specific good or commodity, but as whichever money emerges on the market, freely chosen by the people who transact with it. — Saifedean Ammous
Nobel Prize winner in Economics Vernon Smith writes: Water has become a commodity whose quantity and quality is too important to be left in the hands of political authorities. — Javier Milei
In reality, every single negotiation involves another commodity that's far more important to us, which is time - minutes, hours, our investment in time. So even if you're talking about dollars, the commodity of time is always there because there has to be a discussion about how the commodity of dollars is moved. — Chris Voss
The problem with fiat is that simply maintaining the wealth you already own requires significant active management and expert decision-making. You need to develop expertise in portfolio allocation, risk management, stock and bond valuation, real estate markets, credit markets, global macro trends, national and international monetary policy, commodity markets, geopolitics, and many other arcane and highly specialized fields in order to make informed investment decisions that allow you to maintain the wealth you already earned. You effectively need to earn your money twice with fiat, once when you work for it, and once when you invest it to beat inflation. The simple gold coin saved you from all of this before fiat. — Saifedean Ammous
The ability to deal with people is as purchasable a commodity as sugar or coffee and I will pay more for that ability than for any other under the sun. — John D. Rockefeller
Money is not an invention of the state. It is not the product of a legislative act. Even the sanction of political authority is not necessary for its existence. Certain commodities came to be money quite naturally, as the result of economic relationships that were independent of the power of the state. — Carl Menger
If radio news is to be regarded as a commodity, only acceptable when saleable, then I don't care what you call it - I say it isn't news. — Edward R. Murrow
Warmth, kindness, and friendship are the most yearned for commodities in the world. The person who can provide them will never be lonely. — Ann Landers
I didn't want to make 'high' art, I had no interest in using paint, I wanted to find something that anyone could relate to without knowing about contemporary art. I wasn't thinking in terms of precious prints or archival quality; I didn't want the work to seem like a commodity. — Cindy Sherman
To make the analogy explicit, in Software 1.0, human-engineered source code e.g. some .cpp files is compiled into a binary that does useful work. In Software 2.0 most often the source code comprises 1 the dataset that defines the desirable behavior and 2 the neural net architecture that gives the rough skeleton of the code, but with many details the weights to be filled in. The process of training the neural network compiles the dataset into the binary — the final neural network. In most practical applications today, the neural net architectures and the training systems are increasingly standardized into a commodity, so most of the active software development takes the form of curating, growing, massaging and cleaning labeled datasets. — Andrej Karpathy
Religion, media and schools tell us to disregard animals, view them as commodities, property and resources, and convince us that animals cannot think clearly, nor act morally or altruistically, nor experience love and hatred, or kindness and terror, in the same way that we can. — Gary Yourofsky
No extension of foreign trade will immediately increase the amount of value in a country, although it will very powerfully contribute to increase the mass of commodities and therefore the sum of enjoyments. — David Ricardo
We are all accountable for ourselves. Think of yourself as a precious commodity, and then protect your investment each day. — Monica Brant
It should be of interest to modern Keynesian economists, as well as to the present generation of investors, that although the emperors of Rome frantically tried to 'manage' their economies, they only succeeded in making matters worse. Price and wage controls and legal tender laws were passed, but it was like trying to hold back the tides. Rioting, corruption, lawlessness and a mindless mania for speculation and gambling engulfed the empire like a plague. With money so unreliable and debased, speculation in commodities became far more attractive than producing them. — Saifedean Ammous
Opinions are the cheapest commodities on earth. Everyone has a flock of opinions ready to be wished upon anyone who will accept them. If you are influenced by "opinions" when you reach DECISIONS, you will not succeed in any undertaking. — Napoleon Hill
The people recognize themselves in their commodities; they find their soul in their automobile, hi-fi set, split-level home, kitchen equipment. — Herbert Marcuse
Equity is compromised due to the privatisation of education. Education has become a commodity. Those who can afford to buy it, buy it, and those who can sell it make money out of it — Kailash Satyarthi
In Conclusion
Which quotation resonated with you best? Did you enjoy our collection of commodity quotes? Or may be you have a slogan about commodity to suggest. Let us know using our contact form.
Citation
Feel free to cite and use any of the quotes in this collection of commodity quotations. For popular citation styles(APA, Chicago, MLA), please use this citation page.
