Economically Speaking | Quotes
I just wanted to share some fantastic quotes from true visionaries. I will be updating and adding to this post over time. Can someone tell me how to italicize? Thanks
"All the fiery rhetoric of the founders was directed at a 'tyrant' who taxed his subjects at a rate of about three percent. Today, we in the 'land of the free' are taxed about 50 percent when you add federal, state, and local taxed. What kind of government would do this?" - Doug Newman
"Great as our tax burden is, it has not kept pace with public spending. For decades, we have piled deficit upon deficit, mortgaging our future and our children's future for the temporary convenience of the present. To continue this long trend is to guarantee tremendous social, cultural, political, and economic upheavals... It is no coincidende that our present troubles parallel and are proportionate to the intervention and intrusion in our lives that result from unnecessary and excessive growth of government." - Ronald Reagan
"Social Security is a fraudulent scheme in which the government collects money from you for your retirement - and immediately spends the money on something else." - Harry Browne
"The U.S. dollar will be 'devalued' as policy makers seek to weaken it, undermining the greenback's role as an international reserve currency... It will be devalued and it will go down a lot." - Jim Rogers
"Capitalism is what people do if you leave them alone" - Kenneth Minogue
"The marketplace is a crime and punishment world, and this Federal Reserve credit expansion is the greatest monetary crime of all time. Accordingly the punishment will be far and away the greatest punishment of all time" - John Exeter
"Capitalism is a belief that nobody is wise enough and knows enough to control the lives of other people. When each person busy, sells, consumes, produces, saves, and spends at will, the 'miracle of the free market' enables everyone to benefit." - Perry Gresham
"So much debt has been created in the last twenty years that it requires huge amounts of new credit to keep the system liquid. The necessity for ever larger amounts of credit to keep the system liquid weighs on the ability of the Fed to reflate. It's like pouring more and more water in the bathtub with a big hole in the bottom." - Dan Denning
"If history could teach us anything, it would be that private property is inextricably linked with civilization." - Ludwig von Mises
"Whoever wishes peace among peoples must fight statism." - Ludwig von Mises
"If some peoples pretend that history or geography gives them the right to subjugate other races, nations, or peoples, there can be no peace." - Ludwig von Mises
"Modern society, based as it is on the division of labor, can be preserved only under conditions of lasting peace." - Ludwig von Mises
"Peace and not war is the father of all things." - Ludwig von Mises
"Society has arisen out of the works of peace; the essence of society is peacemaking." - Ludwig von Mises
"To defeat the aggressors is not enough to make peace durable. The main thing is to discard the ideology that generates war." - Ludwig von Mises
"Whoever wants peace among nations must seek to limit the state and its influence most strictly." - Ludwig von Mises
"The attainment of the economic aims of man presupposes peace." - Ludwig von Mises
"Only one thing can conquer war - that attitude of mind which can see nothing in war but destruction and annihilation." - Ludwig von Mises
"Because an inflationary policy works only as long as the yearly increments in the amount of money in circulation are increased more and more, the rise in prices and wages and the corresponding srop in purchasing power will go on at an accelerated pace." - Ludwig von Mises