Money creation | Quotes about the magic of money

"When Henry Ford made cheap, reliable cars people said, 'Nah, what's wrong with a horse?' That was a huge bet he made, and it worked." Elon Musk

"The gold standard makes the money's purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence." Ludwig von Mises

"Both force and money are impotent against ideas." Ludwig von Mises

"There is no use in deceiving ourselves. American public opinion rejects the market economy, the capitalistic free enterprise system that provided the nation with the highest standard of living ever attained. Full government control of all activities of the individual is virtually the goal of both national parties." Ludwig von Mises

"Public works are not accomplished by the miraculous power of a magic wand. They are paid for by funds taken away from the citizens." Ludwig von Mises

"Laissez faire does not mean: let soulless mechanical forces operate. It means: let individuals choose how they want to cooperate in the social division of labor and let them determine what the entrepreneurs should produce." Ludwig von Mises

"The riches of successful entrepreneurs is not the cause of anybody's poverty; it is the consequence of the fact that the consumers are better supplied than they would have been in the absence of the entrepreneur's efforts." Ludwig von Mises

"There is no means by which anyone can evade his personal responsibility. Whoever neglects to examine to the best of his abilities all the problems involved voluntarily surrenders his birthright to a selfappointed elite of supermen. In such vital matters blind reliance upon 'experts' and uncritical acceptance of popular catchwords and prejudices is tantamount to the abandonment of self-determination and to yielding to other people's domination. As conditions are today, nothing can be more important to every intelligent man than economics. His own fate and that of his progeny are at stake." Ludwig von Mises

"The government pretends to be endowed with the mystical power to accord favors out of an inexhaustible horn of plenty. It is both omniscient and omnipotent. It can by a magic wand create happiness and abundance. The truth is the government cannot give if it does not take from somebody." Ludwig von Mises

"Dont think money does everything or you are going to end up doing everything for money." Voltaire

"The problem is that there’s not enough money in music as a business model. Where in television and vis-a-vis the advertisers and movies, there’s so much money that the controlling forces still circle around the stars in the right way, stars are taken care of better in those industries. In the music industry it’s still very much this exploitative thing, it’s still very much people signing their lives away, the old deal-with-the devil stuff. That is still going on, it’s unbelievable in this day-and-age that this is still going on." Billy Corgan

"Economics must not be relegated to classrooms and statistical offices and must not be left to esoteric circles. It is the philosophy of human life and action and concerns everybody and everything. It is the pith of civilization and of man's human existence." Ludwig von Mises

"In the beginning, there is no hardware at all, only software." Hans-Peter Dürr

"Money is the barometer of a society's virtue." Ayn Rand