Money creation | Quotes about the magic of money

"It is possible to increase paper-money income to any amount by debasing the currency. But real income can only be increased by working harder or more efficiently, saving more, investing more, and producing more." Henry Hazlitt

"I want to spend as much time as I can with my family, yet I'm aware of having to bring home the bacon." Dan Stevens

"Everything's so accelerated now." Dan Stevens

"Man does not by nature wish to earn more and more money." Max Weber

"If you have an area where high-income receivers concentrate, you have a higher fiscal capacity. That fiscal capacity is a valuable resource and will create rent-seeking. People will trying to get that resource one way or the other, including immigration. It is very much like the medieval peasants putting their sheep on the commons pasture. It is better than the open range, and if you let them have open access they will, in fact, put too many sheep on the pasture and waste the value that the pasture has." James M. Buchanan

"A friend at school was always being laughed at because his father emptied dustbins for a living. But those who laughed worshipped famous footballers. This is an example of our topsy-turvy view of 'success.' Who would we miss most if they did not work for a month, the footballer or the garbage collector?" David Icke

"I have long been in favor of a balanced budget restriction at the level of the federal government of the United States. Because the federal government has money-creating powers it can, in fact, be very damaging if it runs a series of budget deficits. With the state government in the United States, they don't have money-creating powers. The automatic discipline imposed by the fact that they are in a common monetary unit and don't have control over the money power means that the balanced budget restriction is less needed." James M. Buchanan

"People share a universal behavioural trait: if there are profits to be made, the effort to get that money will attract investment. This is true in the private sector, the market sector, as well as the public sector." James M. Buchanan

"Abundance = choice = freedom. Scarcity = dependence = control." David Icke

"We want to limit the exploitation of the fiscal capacity of the richer regions by keeping down the rate of immigration to a level that would be meaningful and efficient. One way to do that is to have a scheme of equalization which essential bribes people to stay in the poorer regions." James M. Buchanan

"The standard of living of the common man is higher in those countries which have the greatest number of wealthy entrepreneurs." Ludwig von Mises

"The only source from which an entrepreneurs profits stem is his ability to anticipate better than other people the future demand of the consumers." Ludwig von Mises

"In the Great Depression in which I grew up and remember vividly, unemployment was over 25 percent, and over 35 percent where I lived. A grown man would work all day, 16 hours, for a dollar. I remember hundreds of people walking by, people who had come down from the North just to get warm. They would come to our house as beggars even though they might have a college education. People didn't have money. They bartered; they'd trade eggs or pigs. It was just completely different." Jimmy Carter

"The very act of observing disturbs the system." Werner Karl Heisenberg