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Economy Quotes

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Economy Quotes

“In a consumer society, expectations dare not plateau, because a growing economy depends on rising expectations... The more we let our level of contentment be determined by outside factors-a new car, fashionable clothes, a prestigious career, social status-the more we relinquish control over our own happiness.”

“Central bankers always try to avoid their last big mistake. So every time there's the threat of a contraction in the economy, they'll over stimulate the economy, by printing too much money. The result will be a rising roller coaster of inflation, with each high and low being higher than the preceding one.”

“We have reached a point where the value we do add to our economy is now being outweighed by the value we are removing, not only from future generations in terms of diminished resources, but from ourselves in terms of unlivable cities, deadening jobs, deteriorating health, and rising crime. In biological terms, we have become a parasite and are devouring our host.”