Contrary to most experts, including Bernanke, the more aggressive the Fed's policies are, the worse the economy is going to be. If all that is required to revive the economy is pushing more money, then all third-world economies would be very wealthy by now.
- Frank Shostak - Topics: Monetary Policy, Inflation, Central Bank.
Everyone has the brainpower to follow the stock market. If you made it through fifth-grade math, you can do it.
- Peter Lynch - Topics: Stock Market.
By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some.
- John Maynard Keynes - Topics: Government, Inflation.
It took me five years to learn to play the game intelligently enough to make big money when I was right.
- Jesse Livermore - Topics: Stock Market, Trader.
There is only one side of the market and it is not the bull side or the bear side, but the right side.
- Jesse Livermore - Topics: Trader, Stock Market.
Whoever controls the volume of money in any country is absolute master of all industry and commerce.
- James A. Garfield - Topics: Central Bank.
I believe the very best money is made at the market turns. Everyone says you get killed trying to pick tops and bottoms and you make all your money by playing the trend in the middle. Well for twelve years I have been missing the meat in the middle but I have made a lot of money at tops and bottoms.
- Paul Tudor Jones - Topics: Stock Market, Trader, Wall Street.
They tell us that the government can spend and spend without taxing at all, that it can continue to pile up debt without ever paying it off, because "we owe it to ourselves". Such pleasant dreams in the past have always been shattered by national insolvency or a runaway inflation. All government expenditures must eventually be paid out of the proceeds of taxation and inflation itself is merely a form, and a particularly vicious form, of taxation.
- Henry Hazlitt - Topics: Government, Inflation, Tax.
By this means (fractional reserve banking) government may secretly and unobserved, confiscate the wealth of the people, and not one man in a million will detect the theft.
- John Maynard Keynes - Topics: Fiat Currency.
Governments are like primitive cannibals feasting on a great treasure trove of sheeple. You can't force them out, and you can't vote them out. But you can sure as hell starve them out. When enough people pick up and leave, essentially voting with their feet, it accelerates the system crash.
- Simon Black - Topics: Tax, Government.
One of the funny things about the stock market is that every time one person buys, another sells, and both think they are astute.
- William Feather - Topics: Investing, Stock Market.
Economics seeks to be a science. Science is supposed to be objective and it is difficult to be scientific when the subject matter, the participant in the economic process, lacks objectivity.
- George Soros - Topics: Economist.
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