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Values Quotes

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Values Quotes

“Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges.”

“The full consequences of a default or even the serious prospect of default by the United States are impossible to predict and awesome to contemplate. Denigration of the full faith and credit of the United States would have substantial effects on the domestic financial markets and on the value of the dollar in exchange markets. The Nation can ill afford to allow such a result. The risks, the cost, the disruptions, and the incalculable damage lead me to but one conclusion: the Senate must pass this legislation before the Congress adjourns.”

“We tell the for-profit sector, 'Spend, spend, spend on advertising until the last dollar no longer produces a penny of value,' but we don't like to see our donations spent on advertising in charity. Our attitude is, 'Well look, if you can get the advertising donated (at four o'clock in the morning) I'm okay with that, but I don't want my donation spent on advertising, I want it to go to the needy,' as if the money invested in advertising could not bring in dramatically greater sums of money to serve the needy.”

“The last line of defense in support of freedom and the Constitution consists of the people themselves. If the people want to be free, if they want to lift themselves out from underneath a state apparatus that threatens their liberties, squanders their resources on needless wars, destroys the value of the dollar, and spews forth endless propaganda about how indispensable it is and how lost we would all be without it, there is no force that can stop them.”

“John Sculley ruined Apple and he ruined it by bringing a set of values to the top of Apple which were corrupt and corrupted some of the top people who were there, drove out some of the ones who were not corruptible, and brought in more corrupt ones and paid themselves collectively tens of millions of dollars and cared more about their own glory and wealth than they did about what built Apple in the first place which was making great computers for people to use.”

“I've never really been interested in the vintage photos people pay lots of money for -- civil war tintypes or old daguerrotypes of famous people. Nor do I have any interest in the really gross, dark stuff that some people pay top-dollar, like post-mortem photos of babies (yuck) or press photos of old murder scenes or whatever. I collect in these little niches most other people don't care about -- dark-and-weird-but-fun -- and photos that have been written on, which a lot of sellers think hurts their value. All of which is good news for me!”

“Well, I don't like the UK. I haven't ever been a fan of the pound (sterling), and even though they are taking some steps in the right direction - more so than the US - in addressing some of their problems, I still think they're doing it much too slowly. So, I think that the pound will continue to lose value relative to some of these other currencies. I ultimately expect the pound to rise against the dollar, but that's not the best way to take advantage of dollar weakness.”

“I am more of a sponge than an inventor. I absorb ideas from every source. I take half-matured schemes for mechanical development and make them practical. I am a sort of a middleman between the long-haired and impractical inventor and the hard-headed business man who measures all things in terms of dollars and cents. My principal business is giving commercial value to the brilliant but misdirected ideas of others.”