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Money Quotes

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Money Quotes

“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.”

“We are for aiding our allies by sharing of our material blessings with those nations which share in our fundamental beliefs, but we're against doling out money government to government, creating bureaucracy, if not socialism, all over the world. We set out to help 19 countries. We're helping 107. We've spent 146 billion dollars. With that money, we bought a 2 million dollar yacht for Haile Selassie. We bought dress suits for Greek undertakers, extra wives for Kenya[n] government officials. We bought a thousand TV sets for a place where they have no electricity.”

“In a small Swiss city sits an international organization so obscure and secretive... Control of the institution, the Bank for International Settlements, lies with some of the world's most powerful and least visible men: the heads of 32 central banks, officials able to shift billions of dollars and alter the course of economies at the stroke of a pen.”

“The faster we grew, the more stores we had open, the more money we made. Employees move quickly up the ranks of a company that's growing fast. Shareholders made a lot of money. If you invested $25,000 from January 1987 to January 1994, you'd have more than a million dollars. I get a lot of personal satisfaction from that.”

“To those advocates of independent paper moneys who also champion the free market, I would address this simple question: "Why don't you advocate the unlimited freedom of each individual to manufacture dollars?" If dollars are really and properly things-in-themselves, why not let everyone manufacture them as they manufacture wheat and baby food?”