Quotes About Depreciation

It is not easy to determine whether there are any who still adhere in good faith to the doctrine that traces back the depreciation of money to the activity of speculators. The doctrine is an indispensable instrument of the lowest form of demagogy; it is the resource of governments in search of a scapegoat. There are scarcely any independent writers nowadays who defend it; those who support it are paid to do so.

To the totality of purposes of the perfect Law there belong the abandonment, depreciation, and restraint of desires in so far as possible.

A couple of hundred dollars for a fishing pole!?¨ You'll hear that all the time if you don't keep your mouth shut in certain company. You can talk about the aesthetics and even mention a cane rod will appreciate in value while a new graphite rod will depreciate, but the best thing to do is turn around and say, ¨$9,000.00 for a car? I only paid $500.00 for mine.

It is sad, in a way, that the exploding auto is going the way of the old red streetcar, the horse-drawn milk wagon, the ice truck and other traditional and practical forms of transportation. A shotgun blast from a clump of bushes is nice in its own way, but for drama there is nothing like instant depreciation of a car with a gangster at the wheel.

A cash flow statement is simple to calculate because you can easily track what goes in and what goes out. Income statements are a little different (especially for businesses) because they take into account things that aren't technically cash flow (such as depreciation or amortization).