Money Quotes - Page 53

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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.

The bottom line is that if I did it, you can do it. I got rich without the benefit of a college education or a penny of capital but making many errors along the way. I went from being a pauper.. a hippie dropout on the dole, living in a crummy room without the proverbial pot to piss in, without even the money to pay the rent, without a clue as to what to do next.. to being rich...

First of all, the Social Security money belongs to Main Street, not to Wall Street. It needs to be said very clearly here that privatization is off the table... Social Security, as a matter of fact, is a better investment now than the stock market. There's a higher return. There's guaranteed cost-of-living increases. Privatization you have to worry about the value of your account.

Nin knew how much humans loved money, riches, and material things-though he never really could understand why. The more technologically advanced the human species got, the more isolated they seemed to become, at the same time. It was alarming, how humans could spend entire lifetimes engaged in all kinds of activities, without getting any closer to knowing who they really were, inside.

Earth gets its price for what Earth gives us; The beggar is taxed for a corner to die in, The priest hath his fee who comes and shrives us, We bargain for the graves we lie in; Each ounce of dross costs its ounce of gold... 'T is heaven alone that is given away, 'T is only God may be had for the asking; There is no price set on the lavish summer, And June may be had by the poorest comer.

That girls should not marry for money we are all agreed. A lady who can sell herself for a title or an estate, for an income or aset of family diamonds, treats herself as a farmer treats his sheep and oxen--makes hardly more of herself, of her own inner self, in which are comprised a mind and soul, than the poor wretch of her own sex who earns her bread in the lowest state of degradation.

I have come to think that money is very much like a person, and it will respond when you treat it as you would a cherished friend - never fearing it, pushing it away, pretending it doesn't exist, or turning away from its needs, never clutching it so hard that it hurts. ... if you tend it like the living entity it is, then it will flourish, grow, take care of you for as long as you need it.

Henry Ford made a lot of money making cars at one time, but that was a small advantage to him compared to the benefit to millions of people who for the first time in their lives were emancipated from common public carriers and could live where they wanted, move at the hours they wanted, to the places they wanted. Ford collected a billion bucks, but that was peanuts compared to the benefits.

I'm often asked how to start investing with little or no money. Please hear this as this is the hardest thing for people to understand: you do NOT invest with money! You invest with your mind! No matter what the field, your biggest asset is your mind. Once you have knowledge, you find deals, find your team and use other people’s money. You sell the deal and your team to get investment money.

But before any great things are accomplished, a memorable change must be made in the system of Education and knowledge must become so general as to raise the lower ranks of Society nearer to the higher. The Education of a Nation, instead of being confined to a few schools & Universities, for the instruction of the few, must become the National Care and expence, for the information of the Many.

I see in the near future a crisis approaching that unnerves me and causes me to tremble for the safety of my country... corporations have been enthroned and an era of corruption in high places will follow, and the money power of the country will endeavor to prolong its reign by working upon the prejudices of the people until all wealth is aggregated in a few hands and the Republic is destroyed.

We spent as much money as we could and got as little for it as people could make up their minds to give us. We were always more or less miserable, and most of our acquaintance were in the same condition. There was a gay fiction among us that we were constantly enjoying ourselves, and a skeleton truth that we never did. To the best of my belief, our case was in the last aspect a rather common one.

Money never made a man happy yet, nor will it. There is nothing in its nature to produce happiness. The more a man has, the more he wants. Instead of its filling a vacuum, it makes one. If it satisfies one want, it doubles and trebles that want another way. That was a true proverb of the wise man, rely upon it; Better is little with the fear of the Lord, than great treasure, and trouble therewith.

The only way of making money is for effort. The only time I've ever lost money is when I've purposely said, "I'm doing this to make money." And I've actually on three occasions lost significant sums. I have made wealth when I've actually made a contribution to something, when I've done something I thought I could do better than somebody else or have done something better than somebody else does it.

. . . you did not seem to me over-fond of money. And this is the way in general with those who have not made it themselves, while those who have are twice as fond of it as anyone else. For just as poets are fond of their own poems, and fathers of their own children, so money-makers become devoted to money, not only because, like other people, they find it useful, but because it's their own creation.

Whatever may be said in praise of poverty, the fact remains that it is not possible to live a really complete or successful life unless one is rich. No man can rise to his greatest possible height in talent or soul development unless he has plenty of money; for to unfold the soul and develop talent he must have many things to use, and he cannot have these things unless he has money to buy them with.

All should be taught that the highest ambition is to be happy, and to add to the well-being of others; that place and power are not necessary to success; that the desire to acquire great wealth is a kind of insanity. They should be taught that it is a waste of energy, a waste of thought, a waste of life, to acquire what you do not need and what you do not really use for the benefit of yourself or others.

The biggest shock when I lost it all was the realization that so much of my life had been out of my control. When I started to make the money back, I vowed that it would never happen again. I bought things only when I could afford them. There was no big mortgage, no cars on hire purchase. I remember buying a TR6 sports car for £6,000, and funnily enough it gave me more pleasure than the Porsche ever had.

Money is a sort of instinct. It's a sort of property of nature in a person to make money. It's nothing you do. It's no trick you play. It's a sort of permanent accident of your own nature; once you start, you make money, and you go on. . . But you've got to begin. . . You've got to get in. You can do nothing if you are kept outside. You've got to beat your way in. Once you've done that, you can't help it!

Money is like fire, an element as little troubled by moralizing as earth, air and water. Men can employ it as a tool or they can dance around it as if it were the incarnation of a god. Money votes socialist or monarchist, finds a profit in pornography or translations from the Bible, commissions Rembrandt and underwrites the technology of Auschwitz. It acquires its meaning from the uses to which it is put.

Money is a mystery. Not only is our behavior with respect to money sometimes puzzling and erratic, but our feelings about money are often contradictory, illogical, deep-rooted, and scarcely known even to our most secret selves. We are getting better at handling money, but what it means to us, how we use it to express ourselves, and how it can help us become all that we are meant to be remain murky issues.

The true thrift is always to spend on the higher plane; to invest and invest, with keener avarice, that he may spend in spiritualcreation, and not in augmenting animal existence. Nor is the man enriched, in repeating the old experiments of animal sensation; nor unless through new powers and ascending pleasures he knows himself by the actual experience of higher good to be already on the way to the highest.

We all know that men in moderate circumstances can have just as comfortable houses as the richest, just as comfortable clothing, just as good food. They can see just as fine paintings, just as marvelous statues, and they can hear just as good music. They can attend the same theaters and the same operas. They can enjoy the same sunshine, and above all, can love and be loved just as well as kings and millionaires.

Family life is the source of the greatest human happiness. This happiness is the simplest and least costly kind, and it cannot be purchased with money. But it can be increased if we do two things: if we recognize and uphold the essential values of family life and if we get and keep control of the process of social change so as to make it give us what is needed to make family life perform its essential functions.

Don't be too much concerned about money, because that is the greatest distraction against happiness. And the irony of ironies is that people think they will be happy when they have money. Money has nothing to do with happiness. If you are happy and you have money, you can use it for happiness. If you are unhappy and you have money, you will use that money for more unhappiness. Because money is simply a neutral force.

First reason is, it's not authorized in the Constitution, it's an illegal institution. The second reason, it's an immoral institution, because we have delivered to a secretive body the privilege of creating money out of thin air; if you or I did it, we'd be called counterfeiters, so why have we legalized counterfeiting? But the economic reasons are overwhelming: the Federal Reserve is the creature that destroys value.

Ray, people will come Ray. They'll come to Iowa for reasons they can't even fathom. They'll turn up your driveway not knowing for sure why they're doing it. They'll arrive at your door as innocent as children, longing for the past. Of course, we won't mind if you look around, you'll say. It's only $20 per person. They'll pass over the money without even thinking about it: for it is money they have and peace they lack.

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.

Money is a lubricant. It lets you "slide" through life instead of having to "scrape" by. Money brings freedom-freedom to buy what you want , and freedom to do what you want with your time. Money allows you to enjoy the finer things in life as well as giving you the opportunity to help others have the necessities in life. Most of all, having money allows you not to have to spend your energy worrying about not having money.

Before the birth of the New Woman the country was not an intellectual desert, as she is apt to suppose. There were teachers of thehighest grade, and libraries, and countless circles in our towns and villages of scholarly, leisurely folk, who loved books, and music, and Nature, and lived much apart with them. The mad craze for money, which clutches at our souls to-day as la grippe does at our bodies, was hardly known then.

When I received the Nobel Prize, the only big lump sum of money I have ever seen, I had to do something with it. The easiest way to drop this hot potato was to invest it, to buy shares. I knew that World War II was coming and I was afraid that if I had shares which rise in case of war, I would wish for war. So I asked my agent to buy shares which go down in the event of war. This he did. I lost my money and saved my soul.

People go on postponing everything that is meaningful. Tomorrow they will laugh; today, money has to be gathered... more money, more power, more things, more gadgets. Tomorrow they will love - today there is no time. But tomorrow never comes, and one day they find themselves burdened with all kinds of gadgets, burdened with money. They have come to the top of the ladder - and there is nowhere to go except to jump in a lake.

It is a law of nature that everything run by the government will get more expensive and worse over time. Everything run by the private sector will get better and cheaper over time. The fact that [Obamacare] starts this badly does not bode well....We want healthcare run on the same system that gave us cell phones, flat screens, Jerry Garcia chia pets. Everything you submit to the free market...keeps getting better and better.

Many people make the mistake of thinking that all the challenges in their lives would dissipate if they just had enough money. Nothing could be further from the truth. Earning more money, in and of itself, rarely frees people. It's equally ridiculous to tell yourself that greater financial freedom and mastery of your finances would not offer your greater opportunities to expand, share, and create value for yourself and others.

Money alone is only a mean; it presupposes a man to use it. The rich man can go where he pleases, but perhaps please himself nowhere. He can buy a library or visit the whole world, but perhaps has neither patience to read nor intelligence to see.... The purse may be full and the heart empty. He may have gained the world and lost himself; and with all his wealth around him ... he may live as blank a life as any tattered ditcher.

Nothing did more to spur the boom in stocks than the decision made by the New York Federal Reserve bank, in the spring of 1927, to cut the rediscount rate. Benjamin Strong, Governor of the bank, was chief advocate of this unwise measure, which was taken largely at the behest of Montagu Norman of the Bank of England....At the time of the Banks action I warned of its consequences....I felt that sooner or later the market had to break.

We have always tried to concentrate on the long term, and to place bets on technology we believe will have a significant impact over time. It's hard to imagine now, but when we started Google most people thought search was a solved problem and that there was no money to be made apart from some banner advertising. We felt the exact opposite: that search quality was very poor, and that awesome user experiences would clearly make money.

The determination of the value of an item must not be based on its price, but rather on the utility it yields. The price of the item is dependent only on the thing itself and is equal for everyone; the utility, however, is dependent on the particular circumstances of the person making the estimate. Thus there is no doubt that a gain of one thousand ducats is more significant to a pauper than to a rich man though both gain the same amount.

Is money money or isn't money money. Everybody who earns it and spends it every day in order to live knows that money is money, anybody who votes it to be gathered in as taxes knows money is not money. That is what makes everybody go crazy.... When you earn money and spend money every day anybody can know the difference between a million and three. But when you vote money away there really is not any difference between a million and three.

Recently the country has seen too much of our legislators, seeing them as a gaggle of check-kiting, judge-smearing deadbeats who don't pay their restaurant bills but raise their pay in the middle of the night. Many Americans-this columnist included-hitherto said tax increases are justified by the budget deficit now say: Give that mob more money? Never. Not a nickel of new taxes until term limits change the political culture on Capital Hill.

At the base of the Fed pyramid, and therefore of the bank system's creation of "money" in the sense of deposits, is the Fed's power to print legal tender money. But the Fed tries its best not to print cash but rather to "print" or create demand deposits, checking deposits, out of thin air, since its demand deposits constitute the reserves on top of which the commercial banks can pyramid a multiple creation of bank deposits, or "checkbook money."

In 2012, the far-right Golden Dawn won 21 seats in Greece's parliamentary election, the right-wing Jobbik gained ground in my native Hungary, and the National Front's Marine Le Pen received strong backing in France's presidential election. Growing support for similar forces across Europe points to an inescapable conclusion: the continent's prolonged financial crisis is creating a crisis of values that is now threatening the European Union itself.

We are talking about an awesome power. It is the power to weave illusions that appear real as long as they last. That is the very core of the Fed's power. Of course not everyone is instinctively against this illusion-weaving power, and many even welcome it. Tragically, the innocent who understand little about the complexity of the monetary system suffer the most, while those who are in the know reap great profit whether the market is going up or down.

From the Great Depression, to the stagflation of the seventies, to the current economic crisis caused by the housing bubble, every economic downturn suffered by this country over the past century can be traced to Federal Reserve policy. The Fed has followed a consistent policy of flooding the economy with easy money, leading to a misallocation of resources and an artificial 'boom' followed by a recession or depression when the Fed-created bubble bursts.

Nobody's going to do your life for you. You have to do it yourself, whether you're rich or poor, out of money or raking it in, the beneficiary of ridiculous fortune or terrible injustice. And you have to do it no matter what is true. No matter what is hard. No matter what unjust, sad, sucky things befall you. Self-pity is a dead-end road. You make the choice to drive down it. It's up to you to decide to stay parked there or to turn around and drive out.

What's happening is there's transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary system that we have. When you inflate a currency or destroy a currency, the middle class gets wiped out, so the people who get to use the money first, which is created by the Federal Reserve System, benefit, so the money gravitates to the banks and to Wall Street. That's why you have more billionaires than ever before.

We have tried spending money. We are spending more than we have ever spent before and it does not work. And I have just one interest, and if I am wrongsomebody else can have my job. I want to see this country prosperous. I want to see people get a job. I want to see people get enough to eat. We have never made good on our promisesI say after eight years of this administration we have just as much unemployment as when we startedAnd an enormous debt to boot!

To walk in money through the night crowd, protected by money, lulled by money, dulled by money, the crowd itself a money, the breath money, no least single object anywhere that is not money. Money, money everywhere and still not enough! And then no money, or a little money, or less money, or more money but money always money. and if you have money, or you don't have money, it is the money that counts, and money makes money, but what makes money make money?

Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the Courts have said that there is nothing sinister in so arranging affairs as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands.

... when the struggle seems to be drifting definitely towards a world social democracy, there may still be very great delays and disappointments before it becomes an efficient and beneficent world system. Countless people ... will hate the New World Order and will die protesting against it. When we attempt to evaluate its promise, we have to bear in mind the distress of a generation or so of malcontents, many of them quite gallant and graceful-looking people.

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