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Exlpore more Finance quotes
"Some people will each start investing more of their salary on 'their' house and spending less of it on 'their' car or cars only when they start being able to take 'their' house to work, funerals, weddings, etc."
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Personal Development
"Don't spend your money on luxuries. Save it and secure a safe future. Don't crave for quick satisfaction."
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Personal Development
"When buying shares, ask yourself, would you buy the whole company?"
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Personal Development
"Money is a necessity, but not the determinant of a successful life. It is there to secure you, but not to save you! It is there to support you, but not to sanctify you!"
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Personal Development
"What the culture of get rich quick does to our people is Fraudulent money schemes are prevalent in the society."
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Personal Development
"God will always respond to our responsible management of the riches we have received from Him with promotion and stability."
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Personal Development
"He who makes $25,000 annually through passive income is more enviable than he who earns $100,000 annually through a salary."
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Personal Development
"The only difference, apart from heaps of cash, between someone who is wealthy and someone who is poor is having the right mindset and attitude."
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Personal Development
"Money talks, I record."
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Personal Development
"A lot of people forget that it is not only about how much money that you make, but mainly about how much you get to save from it."
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Personal Development
Explore more quotes by Ludwig von Mises
"Whoever wishes peace among peoples must fight statism."
Peace
"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."
Economics
"If any of the socialist chiefs had tried to earn his living by selling hot dogs, he would have learned something about the sovereignty of the consumers."
Economics
"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."
Economics
"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."
Economics
"Neither has the wealth of a country any bearing on the valuation of its money. Nothing is more erroneous than the widespread habit of regarding the monetary standard as something in the nature of the shares of the State or the community.Such observers fail to recognize that the valuation of the rnonetary unit does not depend upon the wealth of the country, but upon the ratio between the quantity of money and the demand for it, so that even the richest country may have a bad currency and the poorest country a good one."
Economics
"Praxeology is a theoretical and systematic, not a historical, science. Its scope is human action as such, irrespective of all environmental, accidental, and individual circumstances of the concrete acts. Its cognition is purely formal and general without reference to the material content and the particular features of the actual case. It aims at knowledge valid for all instances in which the conditions exactly correspond to those implied in its assumptions and inferences. Its statements and propositions are not derived from experience. They are, like those of logic and mathematics, a priori. They are not subject to verification or falsification on the ground of experience and facts."
Philosophy
"The philosophy of protectionism is a philosophy of war."
War
"Inequality of wealth and incomes is an essential feature of the market economy. It is the implement that makes the consumers supreme in giving them the power to force all those engaged in production to comply with their orders. It forces all those engaged in production to the utmost exertion in the service of the consumers. It makes competition work. He who best serves the consumers profits most and accumulatesriches."
Economics
"The balance-of-payments theory forgets that the volume of foreign trade is completely dependent upon prices, that neither exportation nor importation can occur if there are no differences in prices to make trade profitable."
Economics
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