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"Debt is a trap, especially student debt, which is enormous, far larger than credit card debt. It's a trap for the rest of your life because the laws are designed so that you can't get out of it. If a business, say, gets in too much debt, it can declare bankruptcy, but individuals can almost never be relieved of student debt through bankruptcy."
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Exlpore more Finance quotes
"If money is spent in the wrong way, then 'control' the spending and if the money is spent in the right way, then 'decontrol' the spending."
"Every separate economic agent maintains a stock of money that corresponds to the extent and intensity with which he is able to express his demand for it in the market. If the objective exchange-value of all the stocks of money in the world could be instantaneously and in equal proportion increased or decreased, if all at once the money-prices of all goods and services could rise or fall uniformly, the relative wealth of individual economic agents would not be affected. Subsequent monetary calculation would be in larger or smaller figures; that is all."
"Money is a very beautiful blessing until it gets in the wrong hands."
"What is called storing money is a way of using wealth. The uncertainty of the future makes it seem advisable to hold a larger or smaller part of one's possessions in a form that will facilitate a change from one way of using wealth to another, or transition from the ownership of one good to that of another, in order to preserve the opportunity of being able without difficulty to satisfy urgent demands that may possibly arise in the future for goods that will have to be obtained by way of exchange."
"God will always respond to our responsible management of the riches we have received from Him with promotion and stability."
"I strongly support tax relief for the middle class."
Explore more quotes by Noam Chomsky
"We can, for example, be fairly confident that either there will be a world without war or there won't be a world - at least, a world inhabited by creatures other than bacteria and beetles, with some scattering of others."
"Corporations barely pay taxes. The corporate tax rate is already very low, but corporations have worked out an array of complicated techniques so they often don't have to pay taxes at all... The scale of sheer robbery by corporate power is enormous."
"There are two problems for our species' survival - nuclear war and environmental catastrophe - and we're hurtling towards them. Knowingly."
"Language is a process of free creation; its laws and principles are fixed, but the manner in which the principles of generation are used is free and infinitely varied. Even the interpretation and use of words involves a process of free creation."
"By now, they rank people by income level or wages roughly the same: The bottom seventy per cent or so are virtually disenfranchised; they have almost no influence on policy, and as you move up the scale you get more influence. At the very top, you basically run the show."
"Death and genitals are things that frighten people, and when people are frightened, they develop means of concealment and aggression. It is common sense."
"If there was an observer on Mars, they would probably be amazed that we have survived this long."
"The whole educational and professional training system is a very elaborate filter, which just weeds out people who are too independent, and who think for themselves, and who don't know how to be submissive, and so on -- because they're dysfunctional to the institutions."
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