A government big enough to give you everything you want, is strong enough to take everything you have.
- Thomas Jefferson - Topics: Government.
Just as the sound money policy of gold standard advocates went hand in hand with liberalism, free trade, capitalism and peace, so is inflationism part and parcel of imperialism, militarism, protectionism, statism and socialism.
- Ludwig von Mises - Topics: Liberalism, Inflation, Gold, Socialism.
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.
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.
I made a killing in the stock market. My broker lost all my money, so I killed him.
- Jim Loy - Topics: Broker, Stock Market.
Once you think that something is improbable and everybody thinks it, people modify their behavior in a way that makes it more probable. Everyone thought it was so improbable that so many people would default on real estate, it actually created a greater probability that it would happen because more capital flowed into that sector.
- Lloyd Blankfein - Topics: Banking System, Stock Market, Wall Street.
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.
Bitcoin is the beginning of something great: a currency without a government, something necessary and imperative.
- Nassim Nicholas Taleb - Topics: Cryptocurrency.
Economic history is a long record of Government policies that failed because they were designed with a bold disregard for the laws of economics.
- Ludwig von Mises - Topics: Government.
If stock market experts were so expert, they would be buying stock, not selling advice.
- Norman R. Augustine - Topics: Stock Market.
It is essential to wait for trades with a good risk / reward ratio. Patience is a virtue for a trader.
- Alexander Elder - Topics: Trader, Money Management.
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.
