It is one of the most fatal of commercial errors to suppose that large general prices are an evidence of prosperity.
Victoria C. Woodhull: “It is one of the most fatal of commercial errors to suppose that large general prices are an evidence of prosperity.”
Editor's note · Context
Woodhull warns against the misconception that high prices indicate economic prosperity.
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To begin a work right, is to have it half accomplished; and most powerfully does this apply in the matter of determining who shall be your representatives.
That kind of money which has elasticity, that will be plenty when business is active, and that can be readily put to other use for profit when business is less demanding, is the kind the prosperity of a country demands.
I have deliberately and of my own accord placed myself before the people as a candidate for the Presidency of the United States, and having the means, courage, energy and strength necessary for the race, intend to contest it to the close.
It will only be considered as a means to other and higher ends.