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Were you a merchant, would you settle yourself in a rich or poor neighborhood? You would not be so blind as to locate yourself among persons who would not be able to purchase your goods. So with nations with whom we trade.

I think a lot of times when people talk about merchants, it's almost a nostalgic look back at the time where the world moved at a very different pace, and information was very different.

To guard and to deal with others' goods as one's own is considered as the mark of proper trade among merchants.

We buy and sell goods. We buy low and sell higher - that's what we all do to make a profit. But I consider a merchant someone who has a certain intuition and instinct, and - very important - knows how to run a business, knows the numbers.

A country's assets reside in the tinkerers, the hobbyists, and the risk-takers.

If an industrialist can sell his products anywhere in India and the world, why should a farmer not be allowed to do so?

As farmers or owners, the poor peasants possess a piece of land. The excellent means of transport enables them often to sell their goods. At the very worst they can mostly provide their own food.

The thought in my mind was that I must be a good merchant. If I were a good merchant, the rest would probably take care of itself.

When goods are exchanged between countries, they must be paid for by commodities or gold. They cannot be paid for by the notes, certificates, and checks of the purchaser's country, since these are of value only in the country of issue.