Creator: John Ciardi, U.S. poet, translator, and critic
Context: For many years Ciardi was an editor and columnist at “The Saturday Review”. For the May 26, 1962 issue he composed a set of humorously altered versions of well-known adages. Here are three examples: 1
- A dollar saved is a quarter earned.
- A taxpayer and his money are soon parted.
- Early to bed and early to rise probably indicates unskilled employment.
The original adages were:
- A penny saved is a penny earned.
- A fool and his money are soon parted.
- Early to bed and early to rise makes a man healthy, wealthy, and wise.
The statement under examination suggests that economic inflation can reduce the value of a dollar to the equivalent of a quarter over time. This insight is particularly compelling when the inflation rate is high.
Acknowledgement: Thanks to Mardy Grothe who requested a citation for this quotation.
Image Notes: A picture of a quarter coin from the usmint.gov website. Also, a picture of several dollars from geralt at Pixabay.
- 1962 May 26, The Saturday Review, Manner of Speaking by John Ciardi, Start Page 19, Quote Page 19, Column 2, Saturday Review Inc., New York. (Unz) ↩