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"If wealth is a magnet, poverty is a kind of repellent."
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"That policy which aims at raising the objective exchange-value of money is called, after the most important means at its disposal, restrictionism or deflationism. This nomenclature does not really embrace all the policies that aim at an increase in the value of money. The aim of restrictionism may also be attained by not increasing the quantity of money when the demand for it increases, or by not increasing it enough. This method has quite often been adopted as a way of increasing the value of money in face of the problems of a depreciated credit-money standard."
"It has been proposed that monetary liabilities should be settled in terms of gold and not according to their nominal amount. If this proposal were adopted, for each mark that had been borrowed that sum would have to be repaid that could at the time of repayment buy the same weight of gold as one mark could at the time when the debt contract was entered into. The fact that such proposals are now put forward and meet with approval shows that etatism has already lost its hold on the monetary system and that inflationary policies are inevitably approaching their end. Even only a few years ago, such a proposal would either have been ridiculed or else branded as high treason."
"The State does not govern the market; in the market in which products are exchanged it may quite possibly be a powerful party, but nevertheless it is only one party of many, nothing more than that. All its attempts to transform the exchange-ratios between economic goods that are determined in the market can only be undertaken with the instruments of the market."
"A variation in the objective exchange-value of money can arise only when a force is exerted in one direction that is not cancelled by a counteracting force in the opposite direction. If the causes that alter the ratio between the stock of money and the demand for it from the point of view of an individual consist merely in accidental and personal factors that concern that particular individual only, then, according to the law of large numbers, it is likely that the forces arising from this cause, and acting in both directions in the market, will counterbalance each other."
"The big print giveth and the fine print taketh away."
"For hundreds, even thousands, of years, people completely failed to see that variations in the objective exchange-value of money could be induced by monetary factors. They tried to explain all variations of prices exclusively from the commodity side."
"Even with all its positive attributes, capitalism in its imperialistic form is the most treacherous system mankind ever devised. It is driven by a selfishness that has an almost religious underlining to it."
"The three wealthiest people in the world own more than the GDP of forty-eight countries!"
Explore more quotes by Nelson Mandela
"Crime must be brought under control... Freedom without civility, freedom without the ability to live in peace, was not true freedom at all."
"Freedom is indivisible; the chains on any one of my people were the chains on all of them, the chains on all of my people were the chains on me."
"A good leader can engage in a debate frankly and thoroughly, knowing that at the end he and the other side must be closer, and thus emerge stronger. You don't have that idea when you are arrogant, superficial, and uninformed."
"During my lifetime I have dedicated myself to this struggle of the African people. I have fought against white domination, and I have fought against black domination. I have cherished the ideal of a democratic and free society in which all persons live together in harmony and with equal opportunities. It is an ideal which I hope to live for and to achieve. But if needs be, it is an ideal for which I am prepared to die."
"Does anybody really think that they didn't get what they had because they didn't have the talent or the strength or the endurance or the commitment?"
"Live life as though nobody is watching, and express yourself as though everyone is listening."
"It is a simple tale, but its message is an enduring one: virtue and generosity will be rewarded in ways that one cannot know."
"I love playing and chatting with children...feeding and putting them to bed with a little story, and being away from the family has troubled me throughout my...life. i like relaxing at the house, reading quietly, taking in the sweet smell that comes from the pots, sitting around a table with the family and taking out my wife and children. when you can no longer enjoy these simple pleasures something valuable is taken away from your life and you feel it in your daily work."
"When a man is denied the right to live the life he believes in, he has no choice but to become an outlaw."
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