Quotes About Finance

A U.S. dollar is an IOU from the Federal Reserve Bank. It's a promissory note that doesn't actually promise anything. It's not backed by gold or silver.

Civilized countries generally adopt gold or silver or both as money.

My budget is similar to the Penny Plan, which cuts 1 percent a year for five or six years and balances the budget.

There is in my opinion a great similarity between the problems provided by the mysterious behavior of the atom and those provided by the present economic paradoxes confronting the world.

Deutsche Bank has a very simple problem. It doesn't make money.

I look at this in a very simple way: I want to bring the debt down.

I don't know why anyone would prefer a more complicated tax code instead of a simpler one.

Lost dollars are simply harder to replace than gained dollars are to lose.

Nothing, not even a horse-breeding establishment, eats cash like a ship, and none gobbles it more greedily than a trireme.

Arthur Blank, who co-founded Home Depot and owns the Atlanta Falcons, managed to get more than $700 million in tax breaks and subsidies to build his new sports palace. Some owners do even better, getting more in breaks than the cost of a stadium.

When Reagan took office, the national debt was $934 billion; when he left, it was $2.7 trillion.

The biggest mistake so far," said Rudolph G. Penner, who was the chief economist in the Ford Administration's budget office, "was to urge this tremendous cut in taxes without reducing spending sufficiently. That is a major mistake that will have profound long run costs.

My job in my marriage was to choose houses and decorate them," she said. "My husband's job was to pay for them. Making money was the only thing that interested him, and he didn't care what I spent.

But no phrase puzzled them more than Social Security deduction.

Always live within your income, even if you have to borrow money to do so.

Not that I believe throwing money at a problem solves the problem — unless the problem is lack of money.

Will: "Throwing money at a problem is not a solution." Tate: "It sure as shit is, if the problem is you don't have enough money.

It is widely accepted that anything that reduces short-term volatility must also reduce long-term return.

At least in America, you lose your house, you can get it back from the bank. In Israel, you lose it to the rockets.

To finance his failing campaign, he reportedly took about $200,000 from a Republican political strategist known for playing dirty politics, Roger Stone.

At least Obama was half-way honest about how much he was going to spend on health care. He had it at $600 billion. And the real number... is $1.2 trillion.

The man is a syndicated columnist. He's got to be rolling in dough.

Das Spiel ist der Inbegriff demokratischer Lebensart. Es ist die letzt uns verbliebene Seinsform. Der Spieltrieb ersetzt die Religiosität, beherrscht die Börse, die Politik, die Gerichtssäle, die Pressewelt, und er ist es, der uns seit Gottes Tod mental am Leben hält.

The nominal budget is a poor indicator of the impact of government outlays and revenues.