Quotes About Money

Other work has shown that when people are hungry, they become less generous with money and show more future discounting (i.e., are more likely to want reward X now, rather than wait for reward 2X).

Das ganze Zeitalter betet das Geld, die Ordnung, das Wissen, Rechnen, Messen und Wägen, alles in allem also den Geist des Geldes und seiner Verwandten an und beklagt es zugleich.

He's interested in Willie. Quite simply and directly. And when anybody is interested in himself quite simply and directly the way Willie is interested in Willie you call it genius. It's only the half-baked people like Mr. Patton who are interested in money. Even the big boys who make a real lot of money aren't interested in money. Henry Ford isn't interested in money. He is interested in Henry Ford and therefore he is a genius.

confidence, fairness, corruption, money illusion, and stories. These are real motivations for real people. They are ubiquitous. The presumption of mainstream macroeconomics that they have no important role strikes us as absurd.

Zalzan Kavol drew forth his money-pouch. Instantly the attention of the Hjorts sharpened. This was indeed the right tactic, Valentine decided. "Perhaps I have found the necessary document," said Zalzan Kavol.

Unlike the quantity theory of money, which is a 'supply of money' story, the credit theory of money is a 'demand for loans' tale. The amount of money fluctuates with the demand for loans and the creditworthiness of borrowers; and both fluctuate with the state of business.

Even when state money became paper, and therefore intrinsically worthless, it was thought desirable to maintain belief that government notes – promises to pay the bearer – were in fact debt certificates backed by gold. Until 1971, the value of the American dollar was widely believed to depend on its convertibility into gold, as though the value of gold guaranteed the value of paper dollars.

The state has only a limited incentive to guarantee the value of money. The reason is that it can always produce the money necessary to defray its expenses, either by debasing the coinage when money is metal or by printing more of it when it is paper.

In The General Theory, money still retains its power to disturb the real economy. But its disturbing power arises from its function as a store of value rather than as a means of exchange. This had the further consequence of calling into question the reliability of monetary policy as an instrument of economic management.

Intelligence solves problems and produces money. Money without financial intelligence is money soon gone.

They get up every day and go work for money, not taking the time to ask the question, 'Is there another way?

An asset is something that puts money in my pocket. A liability is something that takes money out of my pocket.

If your financial intelligence is low, money will run all over you. It will be smarter than you. If money is smarter than you, you will work for it all your life. To be the master of money, you need to be smarter than it. Then money will do as it is told. It will obey you. Instead of being a slave to it, you will be the master of it. That is financial intelligence.

When I ask the classes I teach, "How many of you can cook a better hamburger than McDonald's?" almost all the students raise their hands. I then ask, "So if most of you can cook a better hamburger, how come McDonald's makes more money than you?" The

more money will often not solve the problem. In fact, it may compound the problem. Money often makes obvious our tragic human flaws, putting a spotlight on what we don't know. That is why, all too often, a person who comes into a sudden windfall of cash—let's say an inheritance, a pay raise, or lottery winnings—soon returns to the same financial mess, if not worse, than the mess they were in before.

If you work for money, you give the power to you employer. If money works for you, you keep the power and control it.

Rich people acquire assets. The poor and the middle class acquire liabilities that they think are assets.

Rule One. You must know the difference between an asset and a liability, and buy assets.

American people, always in search of a bargain in the name of saving money, send the money they earn to countries that produce these low-cost bargains. That money costs them their jobs and as well as our country's wealth.

So if you want to be rich and maintain your wealth, it's important to be financially literate, in words as well as numbers. The

It's not about income, it's about assets that generate income.

I think of money only as a medium of exchange. In reality, money by itself has very little value. So as soon as I have money, I want to exchange it for something of real value. The irony is that many people who cling desperately to money spend that money on things of very little value—and that is why they are poor.

Having no money should not be an excuse to not learn.

The sophisticated investor's first question is: "How fast do I get my money back?