If you put a ten dollar bill under the rug instead of spending it, that is capital formation. It represents ten dollars' worth of something that might have been immediately consumed, but wasn't.
 |
Nationality: American Type: Journalist Born: 1878 Death: 1954 |
“When I was on Broadway, people would really just recognize me around the theater. When you're showing up on commercials and posters, the scope of people recognizing you gets a little wider.”
“I'm the first one in line to go watch 'Spider-Man,' but there's definitely something in me that makes me want to go to a movie and see something that makes me feel good about life.”