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"Capitalism is a social system where the health and security of a nation are compromised for corporate gain."
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"When a country has substituted credit money or fiat money for metallic money, because the legal equating of the over-issued paper and the metallic money sets in motion the mechanism described by Gresham's Law, it is often asserted that the balance of payments determines the rate of exchange. But this also is a quite inadequate explanation. The rate of exchange is determined by the purchasing power possessed by a unit of each kind of money."
"I saw the poverty, I say the prosperity. Both have fundamental problems."
"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."
"If the State uses this power systematically in order to force the community to accept a particular sort of money whose employment it desires for reasons of monetary policy, then it is actually carrying through a measure of monetary policy. The States which completed the transition to a gold standard a generation ago, did so from motives of monetary policy. They gave up the silver standard or the credit-money standard because they recognized that the behaviour of the value of silver or of credit money was unsuited to the economic policy they were following."
"The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property."
"A third group of inflationists do not deny that inflation involves serious disadvantages. Nevertheless, they think that there are higher and more important aims of economic policy than a sound monetary system. They hold that although inflation may be a great evil, yet it is not the greatest evil, and that the State might under certain circumstances find itself in a position where it would do well to oppose greater evils with the lesser evil of inflation."
"A metallic money, the augmentation or diminution of the quantity of metal available for which is independent of deliberate human intervention, is becoming the modern monetary ideal. The significance of adherence to a metallic-money system lies in the freedom of the value of money from State influence that such a system guarantees."
"The advertising industry's prime task is to ensure that uninformed consumers make irrational choices, thus undermining market theories that are based on just the opposite."
"The moneyprice of any commodity in any place, under the assumption of completely unrestricted exchange and disregarding the differences arising from the time taken in transit, must be the same as the price at any other place, augmented or diminished by the money-cost of transport."
Explore more quotes by Suzy Kassem
"If you do not understand the Golden Rule, which is the most important law in the universe, then you are in trouble. All other rules in your holy books combined - are not as valuable as the ONE Golden Rule. Take two minutes to learn the most crucial law in life. Killing another human comes with the highest penalty, regardless of how you justify it. All life is sacred."
"What you reject today, you could accept tomorrow. And what you accept today, you could reject tomorrow. Never say never unless you can predict the future."
"To be successful, one has to be one of three bees - the queen bee, the hardest working bee, or the bee that does not fit in. One success is inherited, and the the next one is earned. While the last one is self-sought, self-served, and happens on its own terms."
"It does not matter what religion you are, so long as your conscience guides your words and actions. We are all reflections of God means we are all reflections of his image - which is LIGHT. There is only one God and that is the cosmic heart of the universe - whatever you choose to call him or her. The heart within us is what connects us to God (the heart of the universe). This super basic concept is preached in all religions. God is TRUTH and LIGHT, and only through your conscience do you connect to him. Any person who does not use their conscience is very disconnected from God. Because again, the language of light can only be decoded by the heart."
"Transformations are a part of life. We are constantly being changed by things changing around us. Nobody can control that. Nobody can control the environment, the economy, luck, or the moods of others. Compositions change. Positions change. Dispositions change. Experiences change. Opportunities and attitudes change. You will change."
"Doubt, fear and regret are the three villains of success. However, if you close the door on the first two, you will never have to worry about meeting the third."
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