In economics the majority is always wrong.
- John Kenneth Galbraith - Topics: Economist.
When the market deviates from your analysis, you have to cut losses without fuss or emotions.
- Alexander Elder - Topics: Money Management, Trader.
Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidise it.
- Ronald Reagan - Topics: Tax, Government.
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.
If you would like to know the value of money, go and try to borrow some.
- Benjamin Franklin - Topics: Debt.
The balance sheet of the euro system, isn't only gigantic in size but also shocking in quality.
- Alexander Elder - Topics: Central Bank, Eurocrisis, Fiat Currency.
If something cannot go on forever, it will stop.
- Herbert Stein - Topics: Stock Market.
I do not think it is an exaggeration to say history is largely a history of inflation, usually inflations engineered by governments for the gain of governments.
- Friedrich A. Hayek - Topics: Inflation.
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.
I don't believe we shall ever have a good money again before we take the thing out of the hands of government, that is, we can't take them violently out of the hands of government, all we can do is by some sly roundabout way introduce something that they can't stop.
- Friedrich A. Hayek - Topics: Government, Cryptocurrency, Central Bank, Banking System.
The issue is always the same: the government or the market. There is no third solution.
- Ludwig von Mises - Topics: Government.
The government must keep its hands off the recession, so that the recession process can quickly eliminate the distortions imposed by the government-created inflationary boom
- Ludwig von Mises - Topics: Government, Monetary Policy.
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