Share on Facebook Share on Twitter Comment on this quote Share via Email Print this Page [101-120] of 579 Economics quotesEconomics QuotesEconomics Previous 20 quotes Next 20 quotes Don't let your mouth write no check that your tail can't cash.~ Bo Diddley It is no coincidence that some of America’s most lethargic industries—steel, footwear, rubber, textiles—are also among the most heavily protected.~ Thomas DiLorenzo A billion here, a billion there, sooner or later it adds up to real money.~ Everett Dirksen There are three kinds of lies: Lies, Damn Lies, and Statistics.~ Benjamin Disraeli We recognize the force of the argument that the effects of war under modern conditions may be felt in the economy for years and years, and that if the war power can be used in days of peace to treat all the wounds which war inflicts on our society, it may not only swallow up all other powers of Congress but largely obliterate the Ninth and the Tenth Amendments as well.~ Justice William O. Douglas I have no sympathy for the narrow, selfish notion of economy which assumes that every crumb of bread which goes into the mouth of one class is so much taken from the mouths of another class.~ Frederick Douglass The non-producers now receive the larger share of what those who labor produce. The result is natural. Discontent culminates in exactly the same ratio that intelligence sustains aspiration.~ Frederick Douglass It is the growing custom to narrow control, concentrate power, disregard and disfranchise the public; and assuming that certain powers by divine right of money-raising or by sheer assumption, have the power to do as they think best without consulting the wisdom of mankind.~ W. E. B. Du Bois Forced to choose, the poor, like the rich, love money more than political liberty; and the only political freedom capable of enduring is one that is so pruned as to keep the rich from denuding the poor by ability or subtlety and the poor from robbing the rich by violence or votes.~ Will Durant If our economy of freedom fails to distribute wealth as ably as it has created it, the road to dictatorship will be open to any man who can persuasively promise security to all.~ Will Durant That is what our money system is. If there were no debts in our money system, there wouldn't be any money.~ Marriner Stoddard Eccles One has to free oneself from the illusion that international climate policy is environmental policy. This has almost nothing to do with the environmental policy anymore, with problems such as deforestation or the ozone hole. We redistribute de facto the world's wealth by climate policy.~ Ottmar Edenhofer I say legalize drugs because I want to see less drug abuse, not more. And I say legalize drugs because I want to see the criminals put out of business.~ Edward Ellison Money, which represents the prose of life, and which is hardly spoken of in parlors without an apology, is, in its effects and laws, as beautiful as roses.~ Ralph Waldo Emerson The government deficit is the difference between the amount of money the government spends and the amount it has the nerve to collect.~ Sam Ewing The actual process of money creation takes place in commercial banks. As noted earlier, demand liabilities of commercial banks are money.~ Federal Reserve Bank of Chicago Commercial banks create checkbook money whenever they grant a loan, simply by adding new deposit dollars in accounts on their books in exchange for a borrower's IOU.~ Federal Reserve Bank of New York Because of 'fractional' reserve system, banks, as a whole, can expand our money supply several times, by making loans and investments.~ Federal Reserve Bank of New York Without the confidence factor, many believe a paper money system is liable to collapse eventually.~ Federal Reserve Bank of Philadelphia The decrease in purchasing power incurred by holders of money due to inflation imparts gains to the issuers of money...~ Federal Reserve Bank of St. Louis Previous 20 quotes Next 20 quotes Share on Facebook Tweet Email Print