Paper Money Quotes

The error in this conclusion may be most simply demonstrated by means of an actual example. Let us select for this purpose the monetary history of Austria, which Laughlin also uses as an illustration. From 1859 onwards the Austrian National Bank was released from the obligation to convert its notes on demand into silver, and nobody could tell when the State paper-money issued in 1866 would be redeemed, or even if it would be redeemed at all. It was not until the later 'nineties that the transition to metallic money was completed by the actual resumption of cash payments on the part of the Austro-Hungarian Bank. ~ Ludwig Von Mises

There are a set of men who go about making purchases upon credit, and buying estates they have not wherewithal to pay for; and having done this, their next step is to fill the newspapers with paragraphs of the scarcity of money and the necessity of a paper emission, then to have a legal tender under the pretense of supporting its credit, and when out, to depreciate it as fast as they can, get a deal of it for a little price, and cheat their creditors; and this is the concise history of paper money schemes. ~ Thomas Paine

I'm not rich in paper money, I'm rich in packets of sugar. Actually, I'm richer, because at least the packets of sugar have some real value. ~ Jarod Kintz

To me the gold price takes the form of a very uncomplicated formula, and all you have to do is divide one by 'n.' And 'n', I'm glad you ask, 'n' is the world's trust in the institution of paper money and in the capacity of people like Ben Bernanke to manage it. So the smaller 'n', the bigger the price. One divided by a receding number is the definition of a bull market. ~ James Grant

People's - most people's job is talking about the future or like money not even in the present tense. It's not even paper. ~ Colin Quinn

If he could get the idea of paper money past them then he was home and, if not dry, then at least merely Moist. ~ Terry Pratchett

The thief steals from himself. The swindler swindles himself. For the real price is knowledge and virtue, whereof wealth and credit are signs. These signs, like paper money, may be counterfeited or stolen, but that which they represent, namely, knowledge and virtue, cannot be counterfeited or stolen. ~ Ralph Waldo Emerson

That is simple. In the Colonies we issue our own money. It is called Colonial Scrip. We issue it in proper proportion to the demands of trade and industry to make the products pass easily from the producers to the consumers. In this manner creating for ourselves our own paper money, we control its purchasing power, and we have no interest to pay. ~ Benjamin Franklin

Experience, however, shows that neither a state nor a bank ever have [sic] had the unrestricted power of issuing paper money without abusing that power; in all states, therefore, the issue of paper money ought to be under some check and control; and none seems so proper for that purpose as that of subjecting the issuers of paper money to the obligation of paying their notes either in gold coin or bullion. ~ David Ricardo

France is the country where the money falls apart and you can't tear the toilet paper. ~ Billy Wilder

Paper money eventually returns to its intrinsic value - zero. ~ Voltaire

Even philanthropy did not have the desired effect. The genuine as well as the false paper money which flooded Moscow lost its value. The French, collecting booty, cared only for gold. Not only was the paper money valueless which Napoleon so graciously distributed to the unfortunate, but even silver lost its value in relation to gold. ~ Leo Tolstoy

Of all the contrivances for cheating the laboring classes of mankind, none has been more effective than that which deludes them with paper money. ~ Daniel Webster

Paper money will invariably operate in the body of politics as spirit liquors on the human body. They prey on the vitals and ultimately destroy them ~ George Washington

From the inception of our nation our American ancestors intended for the United States to operate under a precious-metals monetary system or, more specifically, under a monetary system in which people used gold and silver coins rather than paper money as the media of exchange. ~ Jacob G. Hornberger

I will tell you one other thing about money: when you don't have it, it sure as hell affects the quality of people's health, and their relationships. And paper money isn't even real today, right? It's all really ones and zeros in computers today. But at the same time, if you don't have it, it certainly affects the quality of your life. ~ Tony Robbins

The monetary managers are fond of telling us that they have substituted 'responsible money management' for the gold standard. But there is no historic record of responsible paper money management ... The record taken, as a whole is one of hyperinflation, devaluation and monetary chaos. ~ Henry Hazlitt

Paper is poverty, it is only the ghost of money, and not money itself. ~ Thomas Jefferson

True, governments can reduce the rate of interest in the short run. They can issue additional paper money. They can open the way to credit expansion by the banks. They can thus create an artificial boom and the appearance of prosperity. But such a boom is bound to collapse soon or late and to bring about a depression. ~ Ludwig Von Mises

Gold, unlike all other commodities, is a currency ... and the major thrust in the demand for gold is not for jewelry. It's not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating. ~ Alan Greenspan

My mother made sweet tea for him. He seemed a good conversationalist, but perhaps not a good listener, because at times he appeared to be engaged in a monologue with himself. In the midst of the conversation, my father gave me five Somali shillings, an amount equivalent to one U.S dollar. I was so excited to have paper money that I left immediately to go to a neighborhood store to buy cold soda and candy. My father was still talking and laughing when I returned to the house. I watched him closely, studying his every move. I wondered if had come to visit me or to consume large quantities of tea. ~ Hassan Abukar

Just as in money we see the sign of wealth, we see also in paper money the sign of money; and thence conclude that there is a very easy and simple method of procuring for everybody the pleasures of fortune. ~ Frederic Bastiat

I do not think commodities are taken for granted. One of the convergences in time I noticed, and to me seemed very important, was the emergence of paper money. There had been permissionary notes, exchanging money by writing it, but there was no duplicated form of guaranteeing an exchange. ~ Marina Warner

More paper money cannot make a society richer, of course - it is just more printed paper. Otherwise, why is it that there are still poor countries and poor people around? But more money makes its monopolistic producer (the central bank) and its earliest recipients (the government and big, government-connected banks and their major clients) richer at the expense of making the money's late and latest receivers poorer. ~ Hans-Hermann Hoppe

The lure in art collecting and its financial rewards, not counting for a moment its aesthetic, cultural and intellectual rewards, is like the trust in paper money: it makes no sense when you really think about it. New artistic images are so vulnerable to opinion that it wouldn't take much more than a whim for a small group of collectors to decide that a contemporary artist was not so wonderful anymore, was so last year. ~ Steve Martin

Paper money is like dram-drinking, it relieves for a moment by deceitful sensation, but gradually diminishes the natural heat, and leaves the body worse than it found it. Were not this the case, and could money be made of paper at pleasure, every sovereign in Europe would be as rich as he pleased. But the truth is, that it is a bubble and the attempt vanity. Nature has provided the proper materials for money: gold and silver, and any attempt of ours to rival her is ridiculous ... ~ Thomas Paine

Paper money in time of war, the new notes will first go into the pockets of the war contractors. 'As a result, these persons' demands for certain articles will increase and so also the price and the sale of these articles, but especially in so far as they are luxury articles. Thus the position of the producers of these articles will be improved, their demand for other commodities will also increase, and thus the increase of prices and sales will go on, distributing itself over a constantly augmented number of articles, until at last it has reached them all. ~ Ludwig Von Mises

Money numbs your senses. People who touched paper money and then placed their hands in hot burning water didn't feel as much pain as those who hadn't touched money. ~ Kabir Sehgal

To succeed in creating wealth, you must learn to control the mechanics of profit and understand the laws of wealth, rather than focusing in accumulating paper-money. ~ Daniel Marques

Right now, nobody legalized paper money. Where did that come from. ~ Ron Paul

One of the evils of paper money is that it turns the whole country into stock jobbers. The precariousness of its value and the uncertainty of its fate continually operate, night and day, to produce this destructive effect. Having no real value in itself it depends for support upon accident, caprice, and party; and as it is the interest of some to depreciate and of others to raise its value, there is a continual invention going on that destroys the morals of the country. ~ Thomas Paine

In occupied Iraq, the introduction of new paper money took almost a year, 20 or so Boeing 747s, the mobilisation of the U.S. military's might, three printing firms, and hundreds of trucks. ~ Yanis Varoufakis

Prices too that day indicated the state of affairs. The price of weapons, of gold, of carts and horses, kept rising, but the value of paper money and city articles kept falling, so that by midday there were instances of carters removing valuable goods, such as cloth, and receiving in payment a half of what they carted, while peasant horses were fetching five hundred rubles each, and furniture, mirrors, and bronzes were being given away for nothing. ~ Leo Tolstoy

Thinking in its lower grades, is comparable to paper money, and in its higher forms it is a kind of poetry. ~ Havelock Ellis

France, less favoured on the whole as to matters spiritual than her sister of the shield and trident, rolled with exceeding smoothness down hill, making paper money and spending it. Under the guidance ~ Charles Dickens

A hundred welfare programs, spending more and more billions, lead to chronic budget deficits, which lead to increased paper-money issues, which lead to higher prices. ~ Henry Hazlitt

I fear we face a new kind of man along with this new kind of affluence. When lands meant wealth, men could perhaps have enough. Too much land was difficult to govern. But with paper money, more is simply more. In France, you know, where they suffer from their own financial mania, they have a word - the millionaire - to denote men whose wealth is measured in the millions. Millions. It is inconceivable, but there are more than a few men who hold this title. ~ David Liss

I deny the power of the general government to making paper money, or anything else a legal tender. ~ Thomas Jefferson

An increase in the supply of paper money, and hence a decrease in the purchasing power of the currencies in which most bonds were denominated. A rational investor who anticipated a major war would sell bonds in anticipation of these effects. ~ Niall Ferguson

The major asset in this category is gold, currently a huge favorite of investors who fear almost all other assets, especially paper money (of whose value, as noted, they are right to be fearful). Gold, however, has two significant shortcomings, being neither of much use nor procreative. True, gold has some industrial and decorative utility, but the demand for these purposes is both limited and incapable of soaking up new production. Meanwhile, if you own one ounce of gold for an eternity, you will still own one ounce at its end. ~ Warren Buffett

Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice. ~ George Washington

And Julius Caesar could be a statesman in one moment and a butcher in the next, and Ecuadorian paper money could be traded for food, shelter, and clothing in one moment and line the bottom of a birdcage in the next, and the universe could be created by God Almighty in one moment and by a big explosion in the next - and on and on. Thanks to their decreased brainpower, people aren't diverted from the main business of life by the hobgoblins of opinions anymore. ~ Kurt Vonnegut

It is possible to increase paper-money income to any amount by debasing the currency. But real income can only be increased by working harder or more efficiently, saving more, investing more, and producing more. ~ Henry Hazlitt

If that doomsday scenario happens, will it help if you have heaps of paper money? I don't think so. ~ Bjorn Ulvaeus

Paper money is made of cotton, and I'm long cotton, by the way. One reason I'm long cotton is because Dr. Bernanke is out there running the printing presses as fast as he can. ~ Jim Rogers

That paper money has some advantages is admitted. But that its abuses also are inevitable and, by breaking up the measure of value, makes a lottery of all private property, cannot be denied. ~ Thomas Jefferson

The crisis prompted the issue of emergency paper money: in Britain, £1 and 10s Treasury notes; in the United States, the emergency currency that banks were authorized to issue under the Aldrich-Vreeland Act of 1908.46 Then, as now, the authorities reacted to a liquidity crisis by printing money. ~ Niall Ferguson

Gold is not less but more rational than paper money. Money holds value so long as it is in limited supply; gold will always be in limited supply, and would require real resources to produce even from the sea; paper and printing ink are not in limited supply. The gold system is much closer to a modern automatic scientific control system than the crude and relatively unstable system of paper. ~ William E. Rees

New taxes are so unpopular that most 'social' handout schemes are originally enacted without enough increased taxation to pay for them. The result is chronic government deficits, paid for by the issuance of additional paper money. ~ Henry Hazlitt

In the long run, the gold price has to go up in relation to paper money. There is no other way. To what price, that depends on the scale of the inflation - and we know that inflation will continue. ~ Nicholas Deak

Dagny, there's nothing of any importance in life - except how well you do your work. Nothing. Only that. Whatever else you are, will come from that. It's the only measure of human value. All the codes of ethics they'll try to ram down your throat are just so much paper money put out by swindlers to fleece people of their virtues. The code of competence is the only system of morality that's on a gold standard. When you grow up, you'll know what I mean. ~ Ayn Rand

It gave me great pleasure to think that I could take wood, make it good, and make people like Rockefeller buy it with paper money. ~ Louise Berliawsky Nevelson

Paper money is liable to be abused, has been, is, and forever will be abused, in every country in which it is permitted. ~ Thomas Jefferson

In our election manifesto is: we keep the right to create money and to bring in circulation, for the cause of the government ... Those who do not share this view, reply us to the issue of paper money is for the banks, the government should stay out of the banking business. I agree with Jefferson's opinion ... and just like him I say again: the issue of money is a matter for the government and the banks should stay out of government activity. ~ William Jennings Bryan

Start buying gold now, regardless of the price. By acting now, you will not have to react when it's too late. Too late will be when the majority of the public finally figures out what is happening to paper money and frantically tries to get aboard. Remember, if you're one of the ones holding paper in the end, you will have given away your products and services for nothing. ~ Robert Ringer

Where there is a free government, and the people make their own laws by their representatives, I see no injustice in their obliging one another to take their own paper money. ~ Benjamin Franklin

General Motors, like the other two geezers of the Old Three, is a vast retirement home with a small money-losing auto subsidiary. ~ Mark Steyn

For if in careless summer days
In groves of Ashtaroth we whored,
Repentant now, when winds blow cold,
We kneel before our rightful lord;
The lord of all, the money-god,
Who rules us blood and hand and brain,
Who gives the roof that stops the wind,
And, giving, takes away again;
Who spies with jealous, watchful care,
Our thoughts, our dreams, our secret ways,
Who picks our words and cuts our clothes,
And maps the pattern of our days;
Who chills our anger, curbs our hope,
And buys our lives and pays with toys,
Who claims as tribute broken faith,
Accepted insults, muted joys;
Who binds with chains the poet's wit,
The navvy's strength, the soldier's pride,
And lays the sleek, estranging shield
Between the lover and his bride. ~ George Orwell

Between going and staying the day wavers,
in love with its own transparency.
The circular afternoon is now a bay
where the world in stillness rocks.
All is visible and all elusive,
all is near and can't be touched.
Paper, book, pencil, glass,
rest in the shade of their names.
Time throbbing in my temples repeats
the same unchanging syllable of blood.
The light turns the indifferent wall
into a ghostly theater of reflections.
I find myself in the middle of an eye,
watching myself in its blank stare.
The moment scatters. Motionless,
I stay and go: I am a pause. ~ Octavio Paz

And it was important to my parents that I get my degree in 4 years, because "Money doesn't grow on trees." [LOL] I will support my son in whatever he wants to do professionally, but he will go to college, too. My husband and I are in concert on that. ~ Wendy Williams

I always thought talent was everything, but maybe it was always money. Or even class. Or if not class exactly, connections. ~ Meg Wolitzer

My leaps of faith had also taught me this already. When the money stopped, it was usually because I was focusing on that fear of lack, so I received more lack. When I focused on the beauty of the day, counted my blessings and worked towards whatever I was being guided to do, what I needed would flow my way. ~ Bronnie Ware

Love is not patronizing and charity isn't about pity, it is about love. Charity and love are the same
with charity you give love, so don't just give money but reach out your hand instead. ~ Mother Teresa

Donald T. Campbell explained in a renowned 1976 paper, The more any quantitative social indicator is used for social decision-making, the more subject it will be to corruption pressures and the more apt it will be to distort and corrupt the social processes it is intended to monitor. ~ Nicholas Carr

Nick sat beside Simon, who was at his computer. Marcus stood at attention beside the food. Hale had his feet on the table, reading the morning paper. And someone had given the Bagshaws a gun.
'Pull!' Hamish yelled, and Angus pulled a cord and sent a skeet flying across the deep blue water.
A split second later, a loud crack was reverberating across the deck. Kat jumped. Hale sighed. The shot went far wide, and Marcus never moved a muscle. ~ Ally Carter

Trent sighed, visibly bothered at my admittedly childish behavior, but I was hot, damn it, and needed money, and therefore I was vulnerable to his bribes and his air-conditioned car. ~ Kim Harrison

You can't put toilet paper in the toilet [in the space ship], so there's a separate vacuum can in front of you on the wall and when you're done, you put the toilet paper in there and seal that up. ~ Mike Mullane

If you are striving to have a stable success and riches in joy, you need to be truly dedicated to God ~ Sunday Adelaja

Women there is no perfect man! Don't waste your money on make-up! ~ Ljupka Cvetanova

All I ask is the chance to prove that money can't make me happy. ~ Spike Milligan

Productivity - the amount of output delivered per hour of work in the economy - is often viewed as the engine of progress in modern capitalist economies. Output is everything. Time is money. The quest for increased productivity occupies reams of academic literature and haunts the waking hours of C.E.O.s and finance ministers. ~ Tim Jackson

OF COURSE MONEY TAKES WORRY OUT OF YOUR LIFE AND ENABLES YOU TO PROVIDE FOR YOUR FAMILY - BUT IF IT WAS PLAYING PROFESSIONAL FOOTBALL FOR FREE OR CHOOSE ANOTHER LIVING, THEN I WOULD CHOOSE FOOTBALL EVERY TIME. ~ Lionel Messi

If a parent wants to choose where their kid goes to school, they can either fork over a whole bunch of money in tuition for private school or they can buy a new house near the school of their choice. And it's driving up property prices in certain key areas. When you stop and think about it, that's kind of ridiculous. ~ Amelia Warren Tyagi

The rule is not to talk about money with people who have much more or much less than you. ~ Katharine Whitehorn

You know, I think I still have a sense that no matter what you do, no matter what you achieve, no matter how much success you have, no matter how much money you have, relationships are important. ~ Ed Bradley

One can acquire money, fame and distinction, but one cannot create happiness or unhappiness, not for oneself or for others. One can only accept what comes, although one can, to be sure, accept it in entirely different ways. ~ Hermann Hesse

I didn't take the typical path and go to college after high school. Instead, I saved up money from teaching dance classes and moved to L.A. But my family was so supportive - I never felt pressure from them. It's crucial to find a support system, even if it's not your family. ~ Dianna Agron

The goals of instrumental evil are generally acceptable ones, such as the desire to have money or power, but they are not normally endowed with sufficient moral force to make people think that it is right and good to use violent means. Idealism can make the methods seem right and good, or at least acceptable. ~ Roy F. Baumeister

I could use some lunch." "Do you have any money?" "No," Lula said. "Do you?" "No." "There's only one thing to do then. Senior buffet." Ten minutes later, I pulled into the Costco parking lot. ~ Janet Evanovich

The Yankees, you see, they're a money team, they're the class of baseball. You don't ever bet against that. ~ Jim Thorpe

Mary Jane Clairmont, the second wife of William Godwin, and Mary Shelley's stepmother, had the idea of bringing out French fairy tales for children in an attempt to make some much needed money for the family (she has not been given her due by biographers, in my view). ~ Marina Warner

Crafts make us feel rooted, give us a sense of belonging and connect us with our history. Our ancestors used to create these crafts out of necessity, and now we do them for fun, to make money and to express ourselves. ~ Phyllis George

We think. We are not peasants. We are mechanics. But even the peasants know better than to believe in a war. Everybody hates war.
There is a class that control a country that is stupid and down not realise anything and never can. That is why we have this war.
Also they make money out of it. ~ Ernest Hemingway,

I think the world's a better place because Bill realized that his goal isn't to be the richest guy in the cemetery, right? ~ Steve Jobs

Obviously no one wants to give members of Congress a lot of money, because they barely do anything, and many of them are terrible, but a Congress that is made up of rich-but-not-super-rich people is going to be more corruptible than a Congress of really rich people. ~ Alex Pareene

There was one thing my daddy wouldn't tolerate in any shape, form or fashion, and that was being unkind or rude to somebody. That was just very important to my folks. And as it turns out, that was a legacy that he left me that money can't buy, is how to be able to treat people. ~ Paula Deen

But there's no nation uncorrupted. there's no system that's immune to the misuse of money. ~ Gregory David Roberts

This is an extremely foolish and stupid and idiotic kind of attitude - to expect theatres to make money. Do the public schools make money? Do libraries make money? Does the zoo make money? D o the sewers make money? It's a community service. ~ John Hirsch

I bare my soul and you are suspicious! No, Scarlett, this is a bona fide honorable declaration. I admit that it's not in the best of taste, coming at this time, but I have a very good excuse for my lack of breeding. I'm going away tomorrow for a long time and I fear that if I wait till I return you'll have married some one else with a little money. So I thought, why not me and my money? Really, Scarlett, I can't go all my life waiting to catch you between husbands. ~ Margaret Mitchell

Those who have a lot of money in Greece invest in housing abroad. It's all immoral. The Greek crisis is structural, but also political. ~ Evangelos Venizelos

Time should be seen and assessed in seconds, minutes, hours and days ~ Sunday Adelaja

The repugnance to what must ensue almost immediately, and the uncertainty, were dreadful, he said; but worst of all was the idea, 'What should I do if I were not to die now? What if I were to return to life again? What an eternity of days, and all mine! How I should grudge and count up every minute of it, so as to waste not a single instant!' He said that this thought weighed so upon him and became such a terrible burden upon his brain that he could not bear it, and wished they would shoot him quickly and have done with it."

The prince paused and all waited, expecting him to go on again and finish the story.

"Is that all?" asked Aglaya.

"All? Yes," said the prince, emerging from a momentary reverie.

"And why did you tell us this?"

"Oh, I happened to recall it, that's all! It fitted into the conversation - "

"You probably wish to deduce, prince," said Alexandra, "that moments of time cannot be reckoned by money value, and that sometimes five minutes are worth priceless treasures. All this is very praiseworthy; but may I ask about this friend of yours, who told you the terrible experience of his life? He was reprieved, you say; in other words, they did restore to him that 'eternity of days.' What did he do with these riches of time? Did he keep careful account of his minutes?"

"Oh no, he didn't! I asked him myself. He said that he had not lived a bit as he had intended, and had wasted many, and many a ~ Fyodor Dostoyevsky

Why do photographers start giving numbers to their prints? It's absurd. What do you do when the 20th print has been done? Do you swallow the negative? Do you shoot yourself? It's the gimmick of money. ~ Henri Cartier-Bresson