money

A Quote by E. C. Riegel on money, politics, money-making, prosperity, wealth, govern, government, and control

Political economy is a fiction. Economy can have but one sphere, namely, in the practice of the individual. Political economy implies that the state can have a separate existance as a creative force, whereas, it is but one of the instruments of the individual's economy. All wealth - all economic planning - can spring only from the individual for his private guidance; and in him resides both the political and economic power. The ballot is his instrument of political power; money his instrument of economic power and the former is futile without the latter. He is a dupe, who believes that government can be both his servant and his patron, i.e., that the state can develop an economy to enrich him. He must govern government as he governs himself; and he must provide for government as he provides for himself. Any power existing outside himself is only that which has been delegated by him, or has escaped from him; for he is the one and only power-house. He cannot delegate his money power, if he would, because it is inseparably linked to his buying wherein he must exert his private discretion. To issue money, one must buy, to buy, one must appraise. Hence, the money issuing power is undelegatable and unusurpable.

E. C. Riegel

Source: http://www.mind-trek.com/treatise/ecr-pem/ch1.htm

Contributed by: peter

A Quote by E. C. Riegel on money, politics, money-making, prosperity, wealth, govern, and government

As has been stated, the purpose of money is to split barter into two parts so that the seller is free to find his source of supply later and elsewhere. This is the sole purpose of money. Any effort to use money to serve another purpose is perversive; and this statement condemns the entire managed money philosophy.

E. C. Riegel

Source: http://www.mind-trek.com/treatise/ecr-pem/ch2.htm

Contributed by: peter

A Quote by E. C. Riegel on money, politics, money-making, prosperity, wealth, govern, and government

When man has mastered money he shall have mastered not only his economic problem of prosperity but also his political problem, for he will see that money has no place in state functions, and, the money power being entirely in his own hands, he will easily master the state and clearly define its services. Thus money must be seen as the means of mastery of all economic and political problems. Until we have mastered money we shall not master any of our problems. Not money, but a false money system, is the root of all evil.

E. C. Riegel

Source: The Surprise Weapon PRIVATE ENTERPRISE MONEY A Non-Political Money System (http://www.mind-trek.com/treatise/ecr-pem/intro.htm)

Contributed by: peter

A Quote by Muhammad Yunus on women, opportunity, and money

We certainly noted that when given the opportunity, women handle money more efficiently. They have long term vision, they manage money more carefully. Men are more callous with money. Their first reflex is to blow it by getting drunk in a pub, or on prostitutes or gambling. Women, on the other hand, are endowed with a tremendous sense of self-sacrifice and try to get the best out of the money, for their children, but also for their husbands.

Muhammad Yunus

Source: Woman Are Better with Money - http://www.spiegel.de/international/spiegel/0,1518,453234,00.html

Contributed by: ~C4Chaos

A Quote by Richard M. Salsman on money, politics, and money-making

The only way to get money out of politics is to get politics out of money-making.

Richard Salsman

Contributed by: peter

A Quote by Robert W. Tracinski on politics, corruption, and money

Money doesn't corrupt politics—politics corrupts money.

Robert Tracinski

Contributed by: peter

A Quote by Gary North on banking, cartel, central bank, and money

The goal of the FED, as with all central banks, is three-fold: (1) to protect the largest commercial banks from their depositors, who occasionally exercise their contractual right to withdraw currency (the ungrateful cads); (2) to control entry of newcomers into the bankers' cartel (interlopers); (3) to keep the stock market from collapsing in a panic, thereby persuading depositors to withdraw currency

Gary North

Source: http://www.lewrockwell.com/north/north617.html

Contributed by: peter

A Quote by Peter Cajander on money, wealth, ignorance, corruption, prosperity, liberty, cartel, and debt

Representation of wealth is not the wealth. We have forgotten this. We regard money as wealth and debt as money.

Peter Cajander

Contributed by: peter

A Quote by Nassim Nicholas Taleb on money

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It was hard to tell my friends, all hurt in some manner by the [stock market] crash, about this feeling of vindication. Bonuses at the time were a fraction of what they are today, but if my employer, First Boston, and the financial system survived until year-end, I would get the equivalent of a fellowship. This is sometimes called "f*** you money," which in spite of its coarseness, means that it allows you to act like Victorian gentleman, free from slavery. It is a psychological buffer: the capital is not so large as to make you spoiled-rich, but large enough to give you the freedom to choose a new occupation without excessive consideration of the financial rewards. It shields you from prostituting your mind and frees you from outside authority--any outside authority. (Independence is person-specific: I have always been taken aback at they high number of people in whom an astonishingly high income led to additional sycophancy as they became more dependent on their clients and employers and more addicted to making even more money.) While not substantial by some standards, it literally cured me of all financial ambition--it made me feel ashamed whenever I diverted time away from study for the pursuit of material wealth. Note that the designation f*** you corresponds to the exhilarating ability to pronounce that compact phrase before hanging up the phone.

Nassim Nicholas Taleb

Source: The Black Swan: The Impact of the Highly Improbable, Pages: 20-21

Contributed by: ~C4Chaos

A Quote by Donald Trump on money and play

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Money was never a big motivation for me, except as a way to keep score.  The real excitment is in playing the game.

Donald Trump (1946 -)

Source: Donald Trump

Contributed by: Carenna

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