money

A Quote by www.abraham-hicks.com on money

in

Daily Quotation

Money Is Not the "Root of Evil" or of Happiness. . .

This important subject of money and financial success is not the "root of all evil" as many have quoted-nor is it the path to happiness. So when you are able to successfully control something like the subject of money that affects most of you all day, every day, you will have accomplished something rather significant-for not only is it certain that your financial success must improve, but the evidence of that success will then prepare you for deliberate improvement in every aspect of your life experience.

--- Abraham (ww.abraham-hicks.com)

www.abraham-hicks.com

Contributed by: Christel

A Quote by Thomas Jefferson on inflation defined, fiat money, tax, politics, stealing, injustice, fraud, dollar, continental, money, inflation, and monetary system

It will be asked how will the two masses of Continental and of State money have cost the people of the United States seventy-two millions of dollars, when they are to be redeemed now with about six million? I answer that the difference, being sixty-six millions, has been lost on the paper bills separately by the successive holders of them. Every one, through whose hands a bill passed, lost on that bill what it lost in value during the time it was in his hands. This was a real tax on him; and in this way the people of the United States actually contributed those sixty-six millions of dollars during the war, and by a mode of taxation the most oppressive of all because the most unequal of all.

Thomas Jefferson (1743 - 1826)

Source: Observations on the Article Etats-Unis Prepared for the Encyclopedia, June 22, 1786, Vol. IV, p. 165

Contributed by: peter

A Quote by Peter Lindemann on money, capitalism, and monopoly

In the United States, and in most other countries around the world, there is a "money monopoly" in place. I am "free" to earn as much "money" as I want, but I will only be paid in Federal Reserve Notes. There is nothing I can do to be paid in Gold Certificates, or some other form of "money."

Peter Lindemann

Source: Peter Lindemann

Contributed by: Your Fantasy

A Quote by Thomas Paine on money, fiat currency, fraud, credit, value, debase, moral, and wealth

Paper money is like dram-drinking, it relieves for a moment by deceitful sensation, but gradually diminishes the natural heat, and leaves the body worse than it found it. Were not this the case, and could money be made of paper at pleasure, every sovereign in Europe would be as rich as he pleased. But the truth is, that it is a bubble and the attempt vanity. Nature has provided the proper materials for money: gold and silver, and any attempt of ours to rival her is ridiculous….

Thomas Paine (1737 - 1809)

Source: http://www.mises.org/story/2942

Contributed by: peter

A Quote by Thomas Paine on money, fiat currency, fraud, credit, value, debase, and moral

One of the evils of paper money is that it turns the whole country into stock jobbers. The precariousness of its value and the uncertainty of its fate continually operate, night and day, to produce this destructive effect. Having no real value in itself it depends for support upon accident, caprice, and party; and as it is the interest of some to depreciate and of others to raise its value, there is a continual invention going on that destroys the morals of the country.

Thomas Paine (1737 - 1809)

Source: http://www.mises.org/story/2942

Contributed by: peter

A Quote by Thomas Paine on money, fiat currency, fraud, credit, value, debase, and moral

If anything had or could have a value equal to gold and silver, it would require no tender law; and if it had not that value it ought not to have such a law; and, therefore, all tender laws are tyrannical and unjust and calculated to support fraud and oppression.

Thomas Paine (1737 - 1809)

Source: http://www.mises.org/story/2942

Contributed by: peter

A Quote by Thomas Paine on money, fiat currency, and fraud

Money, when considered as the fruit of many years' industry, as the reward of labor, sweat and toil, as the widow's dowry and children's portion, and as the means of procuring the necessaries and alleviating the afflictions of life, and making old age a scene of rest, has something in it sacred that is not to be sported with, or trusted to the airy bubble of paper currency.

Thomas Paine (1737 - 1809)

Source: http://www.mises.org/story/2942

Contributed by: peter

A Quote by Thomas Paine on money, fiat currency, fraud, and credit

There are a set of men who go about making purchases upon credit, and buying estates they have not wherewithal to pay for; and having done this, their next step is to fill the newspapers with paragraphs of the scarcity of money and the necessity of a paper emission, then to have a legal tender under the pretense of supporting its credit, and when out, to depreciate it as fast as they can, get a deal of it for a little price, and cheat their creditors; and this is the concise history of paper money schemes.

Thomas Paine (1737 - 1809)

Source: http://mises.org/story/2942

Contributed by: peter

A Quote by Ludwig von Mises on gdp, national product, national income, economics, inflation, purchasing power, and money

The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary unit. The more inflation progresses, the higher rises the national income.

Ludwig von Mises

Source: Mises, Ludwig Von (1962). The Ultimate foundation of Economic Science (2nd ed.). Foundation of Economic Education: Irvington-on-Hudson, NY. p. 87

Contributed by: peter

A Quote by Albert Camus on camus, money, and happiness

"A man wants to earn money in order to be happy, and his whole effort and best of a life are devoted to earning that money. Happiness is forgotten; the means are taken for the end."

Albert Camus (1913 - 1960)

Contributed by: bernard

Syndicate content