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Money Quotes

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Money Quotes

“An investment in knowledge pays the best interest.”

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Book:Benjamin Franklin's the Way to Wealth
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“The refunding of the national debt at a lower rate of interest should be accomplished without compelling the withdrawal of the national-bank notes, and thus disturbing the business of the country.”

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Book:Inaugural Speeches from the Presidents of the United States - Complete Edition
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“The world of money, of numbers and stock markets and interest rates and credit cards, seems on the surface about as far as it could be from the world of spirituality, of seeking meaningful answers to the big questions of life. ... But these two worlds must flow in and out of each other, because it takes both money and spiritual understanding to sustain it. Truly speaking, what determines where our money with its awesome power will go, and what it will do for ourselves and others? If we listen, those answers come from the center of our being, from who we really are.”

IfsWorldTwoBigsSeemsSpiritualSpiritualityUnderstandingInterestAnswersMoneyNumbersFlowRateDetermineSeekingCreditSurfaceMeaningfulCardsCredit CardInterest RateTwo WorldsBig Questions
Author:Suze Orman
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“Why, just a couple of economic seasons ago, was idle cash considered an indication of bad management or lazy management? Because it meant that management didn't have this money out at work ... Now look. Presto! A new fashion! Cash is back in! Denigrating liquidity has dropped quicker than hemlines. A management is now saluted if it has some cash, some liquidity, doesn't have to go to the money market at huge interest rates to get the wherewithal to keep going and growing. Along with Ben Franklin, my father and your father would understand and applaud this new economic fashion.”

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Author:Malcolm Forbes
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“Central banks have gotten out of the central banking business and into the central planning business, meaning that they are devoted to raising up-if they can-economic growth and employment through the dubious means of suppressing interest rates and printing money. The nice thing about gold is that you can't print it.”

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Author:James Grant
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“As humanity perfects itself, man becomes degraded. When everything is reduced to the mere counter-balancing of economic interests, what room will there be for virtue? When Nature has been so subjugated that she has lost all her original forms, where will that leave the plastic arts? And so on. In the mean time, things are going to get very murky.”

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Author:Gustave Flaubert
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“When the institutions of money rule the world, it is perhaps inevitable that the interests of money will take precedence over the interests of people. What we are experiencing might best be described as a case of money colonizing life. To accept this absurd distortion of human institutions and purpose should be considered nothing less than an act of collective, suicidal insanity.”

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Author:David Korten
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“What we also have to recognize is that the deficit levels that I'm inheriting, over a trillion dollars, coming out of last year, that that is unsustainable. At a certain point, other countries stop buying our debt, at a certain point, we'd end up having to raise interest rates, and it would end up creating more economic chaos and potentially inflation.”

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Author:Barack Obama
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“The Fed has one power that is unique to it alone: it enables the creation of money out of thin air. Sometimes it makes vast new amounts. Sometimes it makes lesser amounts. The money takes a variety of forms and enters the system in various ways. And the Fed does this through techniques such as open-market operations, changing reserve ratios, and manipulating interest rates, operations that all result in money creation.”

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Author:Ron Paul
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