The two enemies of the people are criminals and Government, so let us tie the second down with the chains of the constitution so the second will not become the legalized version of the first.
- Thomas Jefferson - Topics: Government.
The pockets change, the suckers change, the stocks change, but Wall Street never changes, because human nature never changes.
- Jesse Livermore - Topics: Wall Street, Stock Market.
The government takes your money away with taxes and then hires people to bother you even more.
- Marc Faber - Topics: Government.
Not to own any gold is to trust central bankers and that you don't want to do in your life.
- Marc Faber - Topics: Monetary Policy, Gold, Central Bank.
There were over 379 articles written, prematurely declaring the end of Bitcoin. Not only did Bitcoin survive, it thrived, becoming the top performing asset of the decade. The naysayers were proved wrong and we learned an important lesson about human nature: most big breakthroughs are contrarian ideas that people dismiss and ridicule at the start.
- Brian Armstrong - Topics: Cryptocurrency.
If something cannot go on forever, it will stop.
- Herbert Stein - Topics: Stock Market.
It is well enough that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.
- Henry Ford - Topics: Banking System, Fiat Currency.
It pays to write down your plan. You need to know exactly under what conditions you will enter and exit a trade. Do not make decisions on the spur of the moment, when you are vulnerable to being sucked into the crowd. Plans are created by reasoning individuals. Impulsive trades are made by sweaty group members.
- Alexander Elder - Topics: Trader, Stock Market.
There is only one difference between a bad economist and a good one: the bad economist confines himself to the visible effect; the good economist takes into account both the effect that can be seen and those effects that must be foreseen. Yet this difference is tremendous; for it almost always happens that when the immediate consequence is favorable, the later consequences are disastrous, and vice versa. Whence it follows that the bad economist pursues a small present good that will be followed by a great evil to come, while the good economist pursues a great good to come, at the risk of a small present evil.
- Frédéric Bastiat - Topics: Economist.
You need to buy insurance before the calamity hits. Bitcoin is the perfect anti-fiat. Bitcoin is equivalent to default insurance on a basket of fiat credit. You need to own bitcoin as a hedge to the regular calamities of the fiat system.
- Greg Foss - Topics: Cryptocurrency.
You can't borrow your way out of a debt crisis, whether you are a family or a nation.
- John Mauldin - Topics: Debt.
A government big enough to give you everything you want, is strong enough to take everything you have.
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