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"Remember that credit is money."
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"The hardest thing to understand in the world is the income tax."
"Asean is obviously a very important association for us. Over the past 30 years Asean has made great strides in regional cooperation covering a number of areas, although recently it has been under strain because of the financial crisis and other challenges."
"He became convinced that ordinary commercial financing could be done for a service charge plus an insurance fee amounting to much less that the current rates of interest charged by banks, whose rates were based on supply and demand, treating money as a commodity rather than as a sovereign state's means of exchange."
"A man with nothing to lend should refrain from borrowing."
"When individuals are exchanging present goods against future goods they do not take account in their valuations of Variations in the objective exchange-value of money. Lenders and borrowers are not in the habit of allowing for possible future fluctuations in the objective exchange-value of money."
"Thirty to 40 years ago, most financial decisions were fairly simple."
"When buying shares, ask yourself, would you buy the whole company?"
Explore more quotes by Benjamin Franklin
"All mankind is divided into three classes: those that are immovable, those that are movable, and those that move."
"Whoever would overthrow the liberty of a nation must begin by subduing the freeness of speech."
"O vitae Philosophia dux! O virtutum indagatrix expultrixque vitiorum! Unus dies, bene et ex praeceptis tuis actus, peccanti immortalitati est anteponendus.translation (non-literal):O philosophy, life's guide! O searcher of virtues and expeller of vices! Just a single day lived well and according to your lessons is to be preferred to an eternity of errors.- Cicero, As quoted in Ben Franklin's Autobiography."
"I think all the heretics I have known have been virtuous men. They have the virtue of fortitude, or they would not venture to own their heresy; and they cannot afford to be deficient in any of the other virtues, as they would give advantage to their many enemies; and they have not, like orthodox sinners, such a number of friends to excuse or justify them."
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