Quotes About Debt

Each economy relies on the credit system, that is, on the erroneous assumption that the other will pay back money pumped.

In most cases, when people make more money, they get deeper in debt. This is why money alone does not make you rich.

No one should be incarcerated for debt or squeezed for money they have no chance of getting their hands on.

When money's tight and is hard to get And your horse has also ran, When all you have is a heap of debt A PINT OF PLAIN IS YOUR ONLY MAN.

Once again, the 90/10 rule of money applies - 10% of the borrowers in the world use debt to get richer - 90% use debt to get poorer.

Rather go to bed with out dinner than to rise in debt.

Debt is the slavery of the free.

At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding.

Essentially, when we run a deficit, we are borrowing money to buy things that are made overseas.

Debt is dumb. Cash is king.

"If I had been on 'Bowling for Dollars,' I'd wind up owing them money."

How much do I owe you?

When banks extend loans to their customers, they create money by crediting their customers' accounts.

Who goeth a borrowing. Goeth a sorrowing.

Rich people always have a certain degree of debt. Apparently it helps to reduce taxes. I'm not so hot on the bean-counting side.

Solvency is maintained by means of a national debt, on the principle, "If you will not lend me the money, how can I pay you?"

People cannot live by lending money to one another.

That he who hath the loan of money has not repaid it, and he who has repaid has not the loan; but he who has acknowledged a kindness has it still, and he who has a feeling of it has requited it.

In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.

Debt is normal. Be weird.

Those have a short Lent who owe money to be paid at Easter.

We are never quits with those who oblige us," was Dantes' reply; "for when we do not owe them money, we owe them gratitude.

You cannot establish sound security on borrowed money.

To withhold deserved praise lest it should make its object conceited is as dishonest as to withhold payment of a just debt lest your creditor should spend the money badly.