Quotes About Finance

But men in their role of taxpayers will be subsidizing themselves in their role of consumers. It becomes a little difficult to trace in this maze precisely who is subsidizing whom. What is forgotten is that subsidies are paid for by someone, and that no method has been discovered by which the community gets something for nothing.

all government expenditures must eventually be paid out of the proceeds of taxation; that inflation itself is merely a form, and a particularly vicious form, of taxation. Having

característica esencial de la inflación es infundir aliento a miles de engañosas ilusiones.>

A menudo, incluso hace más provechosa la especulación que el esfuerzo productor.

This is only another way of saying that the government lenders will take risks with other people's money (the taxpayers') that private lenders will not take with their own money.

Cuando el gobierno subvenciona o concede anticipos, en realidad grava negocios privados prósperos para auxiliar ruinosos negocios privados.

Henry Hazlitt

Por cada dólar gastado en el puente habrá un dólar menos en el bolsillo de los contribuyentes. Si el puente cuesta un millón de dólares, los contribuyentes habrán de abonar un millón de dólares, y se encontrarán sin una cantidad que de otro modo hubiesen empleado en las cosas que más necesitaban.

These latter sums, running up into three figures, he no longer regarded as debts. A debt was an obligation one intended to meet someday.

What are the itemized costs on this model? You don't know. Is the store making a profit on this model? If so, how much? You don't know.

My grandmother Izzy taught me to balance her checkbook when I was 6 years old. She would sign the checks after I paid the bills. I had a chuckle with my grandmother recently on how 'unbalanced' her checkbook must have been years ago.

Thirty to 40 years ago, most financial decisions were fairly simple.

Actually criminal sanctions that are given could be up to five years for violating the rules and regulations under the campaign finance reform. This is like the Alien and Sedition Act of years and years ago, decades ago.

Now, people when I say that look at me and say, 'What are you talking about, Joe? You're telling me we have to go spend money to keep from going bankrupt?'. The answer is yes, that's what I'm telling you.

I have a problem with too much money. I can't reinvest it fast enough, and because I reinvest it, more money comes in. Yes, the rich do get richer.

Leave the euro? Surely yes.

Yes, we can pay the interest on the debt. We can renew the $500 billion worth of bonds that are coming due. We can mail out our Social Security checks. We can make sure those Medicare claims are honored. We can pay our military. We can protect our veterans. But when you get beyond that, the soup gets a little thin.

The threshold question: Will banks continue to exist? The answer is yes, because society will still need the two essential functions they provide: mobilization of capital from providers to users, and facilitation of payments for goods and services.

Would I advise early-stage companies against taking debt? One hundred percent yes.

Deficits must be cut, yes, but the rush to austerity risks undermining the fragile global recovery.

Yes, Americans can still get credit for cars and trucks and refrigerators, and those businesses are doing well. But just try to get a home loan now.

Yes, prudently invested contributions to the Social Security fund may bring greater dividends, but those contributions would also face a greater risk. It would be like gambling. We should not gamble with the investments and the future of the citizens of this land.

I have a record as governor. I have a record of cutting spending. And I talked yesterday not only about we ought to cut spending, I talked about how we've cut spending in Mississippi and how if you did the same things in the federal government, you would save tens of billions of dollars a year.

First I opened a check account. I looked at the - I looked that there was nothing of yield. So I bought some bonds. It was a bond. When I bought this bond, it was duplicated in 10 years. I think it was 10 percent.