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"Not an old woman that buys a paper of pins, without yielding a part of the price to the banks as interest!"
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"Money is a compensation for time spent."
"All that the State need do, and can do, in order to preserve the monetary system undisturbed, is to refrain from such intervention. That is the essence of the monetary theory of the classical economists and their immediate successors, the Currency School. It is possible to refine and amplify this doctrine with the aid of the modern subjective theory; but it is impossible to overthrow it, and impossible to put anything else in its place. Those who are able to forget it only show that they are unable to think as economists."
"If you solely focus only on financial survival then that is where you will always be."
"Investing is a simple process of taking into account the present value and future value. The other major factor to understand here, is what you lose as a result of inaction. Consider what you can gain and what you can lose in your decision."
Explore more quotes by John Buchanan Robinson
"In this way, the charge that the bank makes for the use of its notes - the interest - is a continual and universal tax upon all the members of the community."
"The egoist is fooled by no ideals: he discards them or uses them, as may suit his own interest."
"Capital, however capital may be defined, would practically cease to exist as an income producing fund, for the simple reason that if money, wherewith to buy capital, could be obtained for one-half of one per cent, capital itself could command no higher price."
"The Massachusetts Land Bank, during Colonial times, prospered, and brought prosperity to the community, until it was forcibly suppressed by special act of Parliament."
"Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times."
"According to your sympathy, you will take pleasure in your own happiness or in the happiness of other people; but it is always your own happiness you seek."
"Sometimes, instead of purchasing a commodity out and out, people want to buy only the use of it, for a longer or shorter period. The price paid for such temporary use is commonly called hire."
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