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"So I got to thinking that perhaps that's what money is: a crystallization-or, rather, a homogenization-of time and free will into those things we call dollars and pounds and yen and euros. Money multiplies your time. It also expands your agency and broadens the number of things you can do accordingly. Big-time lottery winners haven't won ten million dollars-they've won ten thousand person-years of time to do pretty much anything they want anywhere on Earth. Windfalls are like the crystal meth version of time and free will."
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"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."
"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."
"But so few of us think clearly about our own private incomes, and admit that independent thoughts are in nine cases out of ten the result of independent means."
"It is the beginning of the 'demonetization' of the notes. The process is hastened by its panic-like character. It may be possible once, twice, perhaps even three or four times, to allay the fears of the public; but eventually the affair must run its course and then there is no longer any going back. Once the depreciation is proceeding so rapidly that sellers have to reckon with considerable losses even if they buy again as quickly as is possible, then the position of the currency is hopeless."
"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."
"Riches are for spending."
"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."
Explore more quotes by Doug Coupland
"It feels wistful to imagine a time when people didn't go about their daily routine with the assumption that at any moment another massive media technology will be dumped on us by some geek in California."
"I don't know how anyone gets anything done in cities. How can you live somewhere like London or New York, when there are 81 things to do every night? Awful. Give me solitude and space any time."
"Personality is a slot machine, and the cherries, lemons, and bells are your SSRI system, your schizophrenic tendency, your left/right brain lobalization, your anxiety proclivity, your wiring glitches, your place on the autistic and OCD spectrums - and to these we must add the deep-level influences of the machines and systems of intelligence that guided your brain into maturity."
"Chronotropic Drugs:Drugs engineered to affect one's sense of time. Chronodecelocotropic drugs have no short term effect but over time give one the impression that time feels longer. Chronoaccelocotropic drugs have the opposite effect."
"Anti-sabbatical: A job taken with the sole intention of staying only for a limited period of time (often one year). The intention is usually to raise enough funds to partake in another, more personally meaningful activity such as watercolor sketching in Crete or designing computer knit sweaters in Hong Kong. Employers are rarely informed of intentions."
"She thought about her life and how lost she'd felt for most of it. She thought about the way that all truths she'd been taught to consider valuable invariably conflicted with the world as it was actually lived. How could a person be so utterly lost, yet remain living?"
"And in his heart, I think, he's now learned what I came to believe, which is, as I've said all along, that the sun may burn brightly, and the faces of children may be plump and achingly sweet, but in the air we breathe, in the water we drink and in the food we share, there will always be darkness in this world."
"I'd sooner have died than admit that the most valuable thing I owned was a fairly extensive collection of German industrial music dance mix EP records stored for even further embarrassment under a box of crumbling Christmas tree ornaments in a Portland, Oregon basement. So I told him I owned nothing of any value."
"Believe that you've had most of your important memories by the time you're thirty. After that, memory becomes water overflowing into an already full cup. New experiences just don't register in the same way or with the same impact. I could be shooting heroin with the Princess of Wales, naked in a crashing jet, and the experience still couldn't compare to the time the cops chased us after we threw the Taylors' patio furniture into their pool in eleventh grade."
"At least there's nothing scary about him and hopefully he doesn't see anything scary in me. We go way back, to summer camp. We KNOW each other. People I don't know just make me want to say YIKES! I'll take history over mystery any day of the week."
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