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M Quotes

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All M Quotes

“Money is an instrumentality of the profit motive and must be issued and backed only by private enterprisers. Economic and political perversities are inescapable while government is admitted to money power. Since all national governments have, up to the present, been money issuing powers we may justly attribute all the economic and political ills of mankind to this single error.”

“Money is better than poverty, if only for financial reasons.”

“Money is better when you have more of it. With money, enough is not enough. You should always have more than enough money - an abundance of money. Look at nature, nature never only makes enough of a good thing. It always makes more than enough. And there’s no scarcity or lack. Everything in nature experiences more than enough.”

“Money is different from all other commodities: other things being equal, more shoes, or more discoveries of oil or copper benefit society, since they help alleviate natural scarcity. But once a commodity is established as a money on the market, no more money at all is needed. Since the only use of money is for exchange and reckoning, more dollars or pounds or marks in circulation cannot confer a social benefit: they will simply dilute the exchange value of every existing dollar or pound or mark.”