Depreciation Quotes

Our consumer culture is organized against history. There is a depreciation of memory and a ridicule of hope, which means everything must be held in the now, either an urgent now or an eternal now. ~ Walter Brueggemann

The total average cost of driving, including depreciation, maintenance, and insurance, runs about 61 cents a mile, and since the average automobile used for commuting to work contains only 1.1 people, every commute costs a little more than 55 cents per passenger mile. This means that, if you're an automobile commuter traveling twenty-five miles each way to work, you're spending around $30 a day for the privilege, not including the cost, if there is one, to park. You're also spending an hour every day for which, unless you're a cabbie or bus driver yourself, you're not getting paid, and during which you're not doing anything productive at all. For the average American, that's another $24. In transportation, time really is money. ~ Samuel I. Schwartz

The supplementary quantity of gold that streams from it into commerce goes at first to the owners of the mine and then by turns to those who have dealings with them. If we schematically divide the whole community into four groups, the mine-owners, the producers of luxury goods, the remaining producers, and the agriculturalists, the first two groups will be able to enjoy the benefits resulting from the reduction in the value of money, the former of them to a greater extent than the latter. But even as soon as we' reach the third group, the situation is altered. The profit obtained by this group as a result of the increased demands of the first two will already be offset to some. extent by the rise in the prices of luxury goods which will have experienced the full effect of the depreciation by the time it begins to affect other goods. Finally, for the fourth group, the whole process will result in nothing but loss. ~ Ludwig Von Mises

Restrictionistic ideas have never met with any measure of popular sympathy except after a time of monetary depreciation when it has been necessary to decide what should take the place of the abandoned inflationary policy. ~ Ludwig Von Mises

Accelerated depreciation helps companies bring forward capital-intensive investments by reducing payback time. It's not a hand out. Companies still have to pay the tax, but they simply get to defer it. ~ Anthony Pratt

Friends persuaded me to run for the office, and I won. I had been warned, before taking office, that state politics lacks the glamour of its Washington counterpart; one labors largely in obscurity, mostly on topics that mean a great deal to some but that the average man or woman on the street can safely ignore (the regulation of mobile homes, say, or the tax consequences of farm equipment depreciation). Nonetheless, I found the work ~ Barack Obama

Nations are not ruined by one act of violence, but gradually and in an almost imperceptible manner by the depreciation of their circulating currency, through its excessive quantity. ~ Nicolaus Copernicus

I feel no shame at being found still owning a share when the bottom of the market comes ... I would go much further than that. I should say that it is from time to time the duty of a serious investor to accept the depreciation of his holdings with equanimity and without reproaching himself. ... An investor ... should be aiming primarily at long-period results, and should be solely judged by these. ~ John Maynard Keynes

Self-depreciation is a disease. Once it gets a hold on us - good-bye! ~ Douglas Fairbanks

To the totality of purposes of the perfect Law there belong the abandonment, depreciation, and restraint of desires in so far as possible. ~ Maimonides

You're either self-appreciating or self-depreciating. There is no middle. ~ Lana M. H. Wilder

Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries. ~ Bill Gross

Until government administrators can so identify the interests of government with those of the people and refrain from defrauding the masses through the device of currency depreciation for the sake of remaining in office, the wiser ones will prefer to keep as much of their wealth in the most stable and marketable forms possible - forms which only the precious metals provide. ~ Elgin Groseclose

Other inflationists realize very well that an increase in the quantity of money reduces the purchasing power of the monetary unit. But they endeavour to secure inflation none-the-less, because of its effect on the value of money; they want depreciation, because they want to favour debtors at the expense of creditors and because they want to encourage exportation and make importation difficult. ~ Ludwig Von Mises

Big variations in the value of money give rise to the danger that commerce will emancipate itself from the money which is subject to State influence and choose a special money of its own. But without matters going so far as this it is still possible for all the consequences of variations in the value of money to be eliminated if the individuals engaged in economic activity clearly recognize that the purchasing power of money is constantly sinking and act accordingly. If in all business transactions they allow for what the objective exchange-value of money will probably be in the future, then all the effects on credit and commerce are finished with. In proportion as the Germans began to reckon in terms of gold, so was further depreciation rendered incapable of altering the relationship between creditor and debtor or even of influencing trade. By going over to reckoning in terms of gold, the community freed itself from the inflationary policy of the government. Thus it checkmated this inflationary policy, and eventually even the government was obliged to acknowledge gold as a basis of reckoning. ~ Ludwig Von Mises

The foundation of humility is truth. The humble man sees himself as he is. If his depreciation of himself were untrue, ... it wouldnot be praiseworthy, and would be a form of hypocrisy, which is one of the evils of Pride. The man who is falsely humble, we know from our own experience, is one who is falsely proud. ~ Henry Fairlie

Among men who rise to fame and leadership two types are recognizable-those who are born with a belief in themselves and those in whom it is a slow growth dependent on actual achievement. To men of the last type their own success is a constant surprise, and its fruits the more delicious, yet to be tested cautiously with a haunting sense of doubt whether it is not all a dream. In that doubt lies true modesty, not the sham of insincere self-depreciation but the modesty of "moderation," in the Greek sense. It ~ B.H. Liddell Hart

After all, sustainability means running the global environment - Earth Inc. - like a corporation: with depreciation, amortization and maintenance accounts. In other words, keeping the asset whole, rather than undermining your natural capital. ~ Maurice Strong

Food manufacturing is an ideal candidate for targeted accelerated depreciation because the food industry, our biggest industry, creates significant flow-on benefits. ~ Anthony Pratt

Depreciation of money can benefit debtors only when it is unforeseen. If inflationary measures and a reduction of the value of money are expected, then those who lend money will demand higher interest in order to compensate their probable loss of capital, and those who seek loans will be prepared to pay the higher interest because they have a prospect of gaining on capital account. ~ Ludwig Von Mises

Romance Of A Youngest Daughter"

Who will wed the Dowager's youngest daughter,
The Captain? filled with ale?
He moored his expected boat to a stake in the water
And stumbled on sea-legs into the Hall for mating,
Only to be seduced by her lady-in-waiting,
Round-bosomed, and not so pale.


Or the thrifty burgher in boots and fancy vest
With considered views of marriage?
By the tidy scullery maid he was impressed
Who kept that house from depreciation and dirt,
But wife does double duty and takes no hurt,
So he rode her home in his carriage.


Never the spare young scholar antiquary
Who was their next resort;
They let him wait in the crypt of the Old Library
And found him compromised with a Saxon book,
Claiming his truelove Learning kept that nook
And promised sweet disport.


Desirée (of a mother's christening) never shall wed
Though fairest child of her womb;
"We will have revenge," her injured Ladyship said,
"Henceforth the tightest nunnery be thy bed
By the topmost stair! When the ill-bred lovers come
We'll say, She is not at home. ~ John Crowe Ransom

The depreciation of the rouble keeps me awake at night, Dmitri Fyodorovitch; people don't know that side of me ~ Fyodor Dostoyevsky

After the maxi yuan depreciation of 1994 and until 2005, exchange-rate fixity was the order of the day, with little movement in the CNY/USD rate. ~ Steve Hanke

Love has two affirmations. First of all, when the lover encounters the other, there is an immediate affirmation (psychologically: dazzlement, enthusiasm, exaltation, mad projection of a fulfilled future: I am devoured by desire, the impulse to be happy): I say yes to everything (blinding myself). There follows a long tunnel: my first yes is riddled by doubts, love's value is ceaselessly threatened by depreciation: this is the moment of melancholy passion, the rising of resentment and oblation. Yet I can emerge from this tunnel; I can 'surmount,' without liquidating; what I have affirmed a first time, I can once again affirm, without repeating it, for then what I affirm is the affirmation, not its contingency. I affirm the first encounter in its difference, I desire its return, not its repetition. I say to the other (old or new): Let us begin again. ~ Roland Barthes

Most timidities have such secret compensations and Miss Bart was discerning enough to know that the inner vanity is generally in proportion to the outer self depreciation. ~ Edith Wharton

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. ~ Ludwig Von Mises

It is not easy to determine whether there are any who still adhere in good faith to the doctrine that traces back the depreciation of money to the activity of speculators. The doctrine is an indispensable instrument of the lowest form of demagogy; it is the resource of governments in search of a scapegoat. There are scarcely any independent writers nowadays who defend it; those who support it are paid to do so. ~ Ludwig Von Mises

The not-quite-sort-of lie works here too - often an ad will announce that "Congressman Johnson voted for a bill that gave tax breaks to companies like Enron." True - although the bill allowed all companies to accelerate depreciation of copying machines. Yes, Enron benefited, but Enron also benefited from the revolution of the Earth around the sun. Hardly an argument to freeze the planet in one spot. ~ James Lileks

I've heard time and again from small business owners in Ohio that extending bonus depreciation is the single biggest factor in allowing their businesses to grow. Allowing companies to use these tools for capital reinvestment is a common-sense way to encourage job creation. ~ Pat Tiberi

When jurists and business men assert that the depreciation of money has a very great influence on all kinds of debt relations, that it makes all kinds of business more difficult, or even impossible, that it invariably leads to consequences that nobody desires and that everybody feels to be unjust, we naturally agree with them. In a social order that is entirely founded on the use of money and in which all accounting is done in terms of money, the destruction of the monetary system means nothing less than the destruction of the basis of all exchange. Nevertheless, this evil cannot be counteracted by ad hoc laws designed to remove the burden of the depreciation from single persons, or groups of persons, or classes of the community, ~ Ludwig Von Mises

The depreciation of historical fact is deeply, and probably functionally, ingrained in the ideology of the scientific profession, the same profession that places the highest of all values upon factual details of other sorts. ~ Thomas S. Kuhn

He took pains to avoid self-depreciation, self-mockery, ambiguity, irony, subtlety, vulnerability, a civilized world-weariness and a tragic sense of history
the very things, he says, that are most natural to him. ~ Don DeLillo

It's easy: if you want to grow the economy, encourage job creation, and increase federal revenue, you support making bonus depreciation permanent. Permanency gives job creators the certainty they need to plan and invest in their businesses, including hiring employees. ~ Pat Tiberi

When the value of money is increased, then those are enriched who at the time possess credit money or claims to credit money. Their enrichment must be paid for by debtors, among them the State (i.e., the tax-payers). Yet those who are enriched by the increase in the value of money are not the same as those who were injured by the depreciation of money in the course of the inflation; and those who must bear the cost of the policy of raising the value of money are not the same as those who benefited by its depreciation. To carry out a deflationary policy is not to do away with the consequences of inflation. You cannot make good an old breach of the law by committing a new one. ~ Ludwig Von Mises

bear in mind when trying to compare housing with other forms of capital asset. The first is depreciation. Stocks do not wear out and require new roofs; houses do. The second is liquidity. As assets, houses are a great deal more expensive to convert into cash than stocks. The third is volatility. ~ Niall Ferguson

Bonds, as we saw in Chapter 2, are no more than promises by governments to pay interest and ultimately repay principal over a specified period of time. Either through default or through currency depreciation, many governments have failed to honour those promises. ~ Niall Ferguson

The more you try, so desperately, to prove a point to get someone's approval, the more fleeting that approval might be, causing a chain of depreciation of self-esteem. Sometimes, all you need do is truly love yourself and get only the approval and acceptance of the inner self. ~ Ufuoma Apoki

I am Orafoura, but you can call me Jarod Kintz. I'm fairly proud to proclaim that Dora J. Arod has me on her short list of "World's worst writers." The list couldn't get any shorter, because I'm the only name on it. I should tell her to stop calling it a list, and change the title to "World's worst writer." If you're wondering why I rate all my work one star, it's because the rating system doesn't have a zero star option, or better yet, go into negative numbers. ~ Orafoura

Bubble: A safe space where people that don't like to be confronted with the consequences of their actions live. Often known as the perfect environment for those that are too immature to assume responsibility for their lack of realistic perception, and instead focus their energy in maintaining an image of perfection to the outside world, while hiding their real thoughts, quite usually very sadistic and selfish. Bubbles can easily blast when a small portion of truth or justified anger hits one, so people that live inside a bubble are particularly sensitive to those that tell them things they can't comprehend, even, and in particular, when such things are correlated with their immoral social behavior. And as people that live inside a bubble need the bubble as much as they fear the outside world, they often blend unrelated words with their own nonsense to keep the danger of having a bubble exploded far from sight. This includes being an hypocrite when calling one ungrateful, offending someone while calling such individual aggressive, and using negative depreciation with arguments that fit their agenda of keeping themselves within ignorance while bringing others further to that paradox. People that live in the bubble believe anything they hear but always assume that their beliefs are independent, as the bubble stops them from seeing further and admitting something they can't see or accept. Therefore, until the moment in which everyone will be happy to have a microchip attached to ~ Robin Sacredfire

With industrialization has come a general depreciation of work. As the price of work has gone up, the value of it has gone down, until it is so depressed that people simply do not want to do it anymore. We can say without exaggeration that the present national ambition of the United States is unemployment. People live for quitting time, for weekends, for vacations, and for retirement; moreover, this ambition seems to be classless, as true in the executive suites as on the assembly lines. One works not because the work is necessary, valuable, useful to a desirable end, or because one loves to do it, but only to be able to quit- a condition that a saner time would regard as infernal, a condemnation. This is explained, of course, by the dullness of the work, by the loss of responsibility for, or credit for, or knowledge of the thing made. What can be the status of the working small farmer in a nation whose motto is a sigh of relief: Thank God it's Friday? ~ Wendell Berry

Debt on anything that depreciates is disastrous. #financialfitness ~ Orrin Woodward

Why is self confidence arrogant? Why is self-depreciation considered modesty? I worked my ass off to be able to have a high opinion of myself. It took a long time and many, many years, and I'm never going to tell – let anyone tell me that I should think less of myself. ~ Ronda Rousey

The idea that information can be stored in a changing world without an overwhelming depreciation of its value is false. It is scarcely less false than the more plausible claim that after a war we may take our existing weapons, fill their barrels with information. ~ Norbert Wiener

lower tacit-knowledge depreciation when we have less work-in-progress, resulting in higher quality. ~ David J. Anderson

Directly overhead the Milky Way was as distinct as a highway across the sky. The constellations shown brilliantly, except the north, where they were blurred by the white sheets of the Aurora. Now shimmering like translucent curtains drawn over the windows of heaven, the northern lights suddenly streaked across a million miles of space to burst in silent explosions. Fountains of light, pale greens, reds, and yellows, showered the stars and geysered up to the center of the sky, where they pooled to form a multicolored sphere, a kind of mock sun that gave light but no heat, pulsing, flaring, and casting beams in all directions, horizon to horizon. Below, the wolves howled with midnight madness and the two young men stood in speechless awe. Even after the spectacle ended, the Aurora fading again to faint shimmer, they stood as silent and transfixed as the first human beings ever to behold the wonder of creation. Starkmann felt the diminishment that is not self-depreciation but humility; for what was he and what was Bonnie George? Flickers of consciousness imprisoned in lumps of dust; above them a sky ablaze with the Aurora, around them a wilderness where wolves sang savage arias to a frozen moon. ~ Philip Caputo

One way we gave small businesses more money to invest was by extending tax provisions on expensing. This allows businesses to immediately write off things like equipment, without being burdened by depreciation requirements. ~ Dennis Hastert

I traded in my car with no gas in the tank and my new car came with a full tank. So I at least profited there. That makes me appreciate my depreciation more. ~ Jarod Kintz

What is thus improperly regarded as profit, instead of as part of capital, is consumed by the entrepreneur or passed on either to the consumer in the form of price-reductions that would not otherwise have been made or to the labourer in the form of higher wages, and the government proceeds to tax it as income or profits. In any case, consumption of capital results from the fact that monetary depreciation falsifies capital accounting. ~ Ludwig Von Mises

The inclination to self-depreciation, to freely accepting being robbed, being duped, and being swindled, could be the modesty of a god among men. ~ Friedrich Nietzsche

I would give relief from the first $10,000 of the payroll tax. I would allow small businesses to accelerate depreciation so they would have an incentive to buy now rather than defer. I would also give to the states $40 billion of relief. ~ Bob Graham

But, at the same time, I think that there is room for economic stimulus in terms of accelerated depreciation to encourage businesses to invest and to grow and ultimately to hire more people again. ~ John Breaux

Lobbyists know that a 0 percent tax rate on capital income is not, in fact, the lowest possible rate. There can be negative tax rates. There can be subsidies. There can be allowances for depreciation. Lobbyists are adaptive creatures. ~ Joel Achenbach

The present generation of Christians has suffered what I call the lost concept of majesty. This has come about by a slow decline, manifesting itself in our depreciation of ourselves. Those who hold a low value of man have a corresponding low value of God. After all, God created man in His own image. When we cease to understand the majestic nature of man, we cease to appreciate the majesty of God. How ~ A.W. Tozer