Quotes About Finance

Men are fools to invest in real estate.

The decreasing principal has decreasing power to produce interest or income.

Mellon was right," he said. "Raising tax rates does not raise revenues. In fact, just the opposite happens. The rich just find a way to legally shelter their money and avoid the higher taxes. And who could blame them. But every time we've lowered tax rates, revenues rose. Harding. Coolidge. Hoover. Kennedy. Reagan. Bush. They all got that.

Nothing quells progress more than long-term debt.

Raising tax rates does not raise revenues. In fact, just the opposite happens. The rich just find a way to legally shelter their money and avoid the higher taxes. And who could blame them. But every time we've lowered tax rates, revenues rose. Harding. Coolidge. Hoover. Kennedy. Reagan. Bush. They all got that.

Sin una matemática sólida, los negocios se convierten en un costoso juego de azar en el que uno apuesta su propio dinero y también el ajeno.

If you look at mainstream economics there are three things you will not find in a mainstream economic model - Banks, Debt, and Money. How anybody can think they can analyze capital while leaving out Banks, Debt, and Money is a bit to me like an ornithologist trying to work out how a bird flies whilst ignoring that the bird has wings...

The auction houses seemed not as dull as their financial counterparts on Wall Street, where parents of daughters imagined glass celings and bottom patting.

China had become America's banker for a simple reason. The United States needed ever-increasing infusions of cash.

As we suggested near the beginning of this book, if morality represents an ideal world, then economics represents the actual world.

People who buy annuities, it turns out, live longer than people who don't, and not because the people who buy annuities are healthier to start with. The evidence suggests that an annuity's steady payout provides a little extra incentive to keep chugging along.

morality represents the way we would like the world to work and economics represents how it actually does work

MODERATOR: Tonight, our guest: Thomas Sargent, Nobel laureate in economics and one of the most-cited economists in the world. Professor Sargent, can you tell me what CD rates will be in two years? SARGENT: No.

In a typical election period that includes campaigns for the Presidency, the Senate and the House of Representatives, about one billion dollars is spent per year, which sounds like a lot of money, unless you care to measure it against something seemingly less important than Democratic elections.It is the same amount, for instance, that Americans spend every year on chewing gum.

That is the idea behind a prize-linked savings (PLS) account.

In his diary, Tudor noted that he had lost nearly four thousand dollars with his tropical misadventure.

A dollar tomorrow really is worth less than a dollar today (even if we assume there is no inflation), and interest is the price we put on the difference.

Bond investors are the vampires of the investment world. They love decay, recession - anything that leads to low inflation and the protection of the real value of their loans.

I love America, but I can't spend the whole year here. I can't afford the taxes.

I don't write cheques anymore because I end up signing them "with love, shan rukh"

contrary to previous assumptions, young men and women who possess the collective social graces of a herd of sex-crazed water buffalo and have an intelligence quotient in the range of Forrest Gump on three hits of acid, can be taught to sound like Wall Street wizards, as long as you write every last word down for them and then keep drilling it into their heads again and again—every day, twice a day—for a year straight.

Never buy a depreciating asset. If it drives, flies, floats, or fucks... lease it.

De financiële wereld is geen ver-van-je-bedshow. Het is het bed zelf.

I always wondered about that: if you can create money out of thin air, why not do that far more than is being done already?