Quotessence
Home / Topics / Borrowing Quotes

Borrowing Quotes

Browse 241 quotes about Borrowing.

Related topics

PeopleBorrowing MoneySpendingDebtIfsGovernmentBookInterestBorrowedMeanMenThinkingLendingPayWayArtShouldBorrowed MoneyEconomyIdeasStatesTaxesWorldCostCreditEffectsGivingI CanNationsNextTryingWellsWould BeYears

Borrowing Quotes

“If our nation goes over a financial Niagara, we won't have much strength and, eventually, we won't have peace. We are currently borrowing the entire defense budget from foreign investors. Within a few years, we will be spending more on interest payments than on national security. That is not, as our military friends say, a 'robust strategy.'”

IfsYearsNationsInterestSecurityMilitaryStrategyFinancialSpendingDefenseBudgetsInvestorsNational SecurityPaymentBorrowingRobustNiagaraMilitary Budget
Author:Mitch Daniels
Create image

“When the fountains of government [borrowing] abundance began to dry up, when through lack of funds and the impossibility of negotiating fresh loans the state was forced to check the extension of bureaucracy and to put a stop to public works, then and then only did the Italians realize what it meant to have allowed themselves to be made one of the most heavily taxed nations in the world.”

WorldMadeStatesGovernmentNationsRealizingChecksDryAbundanceFundExtensionsBureaucracyFountainImpossibilityLoanBorrowingNegotiatingDry Up
Book:As We Go Marching
Create image

“As mass production has to be accompanied by mass consumption, mass consumption, in turn, implies a distribution of wealth ... to provide men with buying power. ... Instead of achieving that kind of distribution, a giant suction pump had by 1929-30 drawn into a few hands an increasing portion of currently produced wealth. ... The other fellows could stay in the game only by borrowing. When their credit ran out, the game stopped.”

MenKindHandsTurnsGamesWealthAchieveMassFellowsProductionsCreditRanGiantsBuyingPortionsConsumptionDistributionBorrowingPumpsDistribution Of WealthMass ProductionBuying PowerMass Consumption
Author:Marriner Stoddard Eccles
Create image

“Let us never forget this fundamental truth: the State has no source of money other than money which people earn themselves. If the State wishes to spend more it can do so only by borrowing your savings or by taxing you more. It is no good thinking that someone else will pay - that 'someone else' is you. There is no such thing as public money; there is only taxpayers' money.”

PeopleIfsThinkingStatesWishCan DoForgetPaySourceFundamentalsSavingNever ForgetTaxpayersSavingsBorrowingGood ThinkingPublic Money
Book:The revival of Britain: speeches on home and European affairs, 1975-1988
Create image

“For decades, we have piled deficit upon deficit, mortgaging our future and our children's future for the temporary convenience of the present. To continue this long trend is to guarantee tremendous social, cultural, political, and economic upheavals. You and I, as individuals, can, by borrowing, live beyond our means, but for only a limited period of time. Why, then, should we think that collectively, as a nation, we are not bound by that same limitation?”

ThinkingShouldMeanChildrenLongPoliticalIndividualNationsSocialEconomicPeriodsOur ChildrenBoundsDecadesLimitationGuaranteesTemporaryTrendsOur FutureDeficitConvenienceBorrowingUpheaval
Author:Ronald Reagan
Create image

“For, when the credit of a country is in any degree questionable, it never fails to give on extravagant premium, in one shape or another, upon all the loans it has occasion to make. Nor does the evil end here; the same disadvantage must be sustained upon whatever is to be bought on terms of future payment. From this constant necessity of borrowing and buying dear, it is easy to conceive how immensely the expenses of a nation, in a course of time, will be augmented by an unsound state of the public credit.”

GivingDoeEndsCountryStatesCoursesEvilNationsEasyTermFailingShapesDegreesConstantDearCreditOccasionsBuyingExpensesLoanPaymentDisadvantagesBorrowingExtravagantQuestionablePremium
Book:Reports of the Secretary of the Treasury of the United States, Prepared in Obedience to the Act of the 10th May, 1800: ... to which are Prefixed, the Reports of Alexander Hamilton, on Public Credit, on a National Bank, on Manufactures, and on the Establishment of a Mint ... Printed by Order of the Senate of the United States
Create image

“Now that is the wisdom of a man, in every instance of his labor, to hitch his wagon to a star, and see his chore done by the gods themselves. That is the way we are strong, by borrowing the might of the elements. The forces of steam, gravity, galvanism, light, magnets, wind, fire, serve us day by day and cost us nothing.”

MenWayDoneLightMightStrongForceStarsFireWindCostElementsLaborInstanceGravitySteamMagnetBorrowingChoresWagonsGalvanism
Book:Ralph Waldo Emerson
Create image

“There is no practice more dangerous than that of borrowing money; for when money can be had in this way, repayment is seldom thought of in time, the interest becomes a loss, exertions to raise it by dent of industry cease, it comes easy and is spent freely, and many things (are) indulged in that would never be thought of if (they were) to be purchased by the sweat of the brow.”

IfsWayEasyInterestLossPracticeDangerousIndustryRaisesCeaseSweatBrowsBorrowingExertionBorrowing MoneyRepayment
Author:George Washington
Create image

“We mythologists know very well that myths and legends contain borrowings, moral lessons, nature cycles, and a hundred other distorting influences, and we labor to cut them away and get to what might be a kernel of truth. In fact, these same techniques must be applied to the most sober histories, for no one writes the clear and apparent truth-if such a thing can even be said to exist.”

IfsKnowsWritingWellsSaidFactsMightMoralClearCuttingInfluenceLessonsHundredLaborMythTechniqueCyclesLegendsSoberBorrowingKernelMoral Lessons
Book:Foundation and Earth
Create image

“Feminism died in 1998 when Hillary allowed henchlings and Democrats to demonize Monica as an unbalanced stalker, and when Gloria Steinem defended Mr. Clinton against Kathleen Willey and Paula Jones by saying he had merely made clumsy passes, then accepted rejection, so there was no sexual harassment involved. As to his dallying with an emotionally immature 21-year-old, Ms. Steinem noted, 'Welcome sexual behavior is about as relevant to sexual harassment as borrowing a car is to stealing one.' Surely what's good for the Comeback Kid is good for the Terminator.”

YearsMadeKidsPoliticsFeminismCarInvolvedBehaviorDiedClintonDemocratAcceptedStealingWelcomeRejectionRelevantComebackImmatureBorrowingHarassmentClumsyMonicaUnbalancedGloria
Author:Maureen Dowd
Create image