Under a gold standard, sound government has a much better chance; its leaders can say to the people and to the politicians, "We can't do it unless we increase taxes." The gold standard is a form of protection against spendthrift governments.
- Ludwig von Mises - Topics: Inflation, Gold.
Taxation is theft, purely and simply.
- Murray N. Rothbard - Topics: Tax.
A government big enough to give you everything you want, is strong enough to take everything you have.
- Thomas Jefferson - Topics: Government.
Owning stocks is like having children. Don't get involved with more than you can handle.
- Peter Lynch - Topics: Stock Market, Investing.
Paper money eventually returns to its intrinsic value: zero.
- Voltaire - Topics: Fiat Currency.
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.
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.
With the exception only of the period of the gold standard, practically all governments of history have used their exclusive power to issue money to defraud and plunder the people.
- Friedrich A. Hayek - Topics: Fiat Currency, Government, Inflation.
This EU is the New Communism. It is Power without Limits.
- Nigel Farage - Topics: Eurocrisis.
Experience, however, shows that neither a state nor a bank ever have 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 - Topics: Fiat Currency, Government.
Are you joking, having faith in the U.S. administration. I wonder who in the world would have a faith in the U.S. administration. For sure not someone who thinks.
- Marc Faber - Topics: Government.
Compound interest is the eighth wonder of the world. He who understands it, earns it ... he who doesn't ... pays it. Compound interest is the most powerful force in the universe. Compound interest is the greatest mathematical discovery of all time.
- Albert Einstein - Topics: Investing.
