When a copier sales person cold calls a purchasing manager whom he has never met is it any surprise that the purchasing manager will most likely never return that call?
In theory, everybody buys the best and cheapest commodities offered to him on the market. In practice, if every one went around pricing, and chemically testing before purchasing, the dozens of soaps or fabrics or brands of bread which are for sale, economic life would become hopelessly jammed.
Is it any more moral to dilute the value of the purchasing power of the money you hold in your wallet than it is for the farmer to dilute the milk supply with water?
The happiest moments in our life aren't "Oh I got a new hat or a wonderful silvery object, some glistening bauble." But it's when you connect with another human being. If you can find the $18 in your pocket, you are purchasing dreams with that money.
Buying a share of a good business is better than buying a share of a bad business. One way to do this is to purchase a business that can invest its own money at high rates of return rather than purchasing a business that can only invest at lower ones. In other words, businesses that earn a high return on capital are better than businesses that earn a low return on capital.
Believing that fundamental conditions of the country are sound and there is nothing in the business situation to warrant the destruction of values that has taken place on the exchanges during the past week, my son and I have for some days been purchasing sound common stocks. We are continuing and will continue our purchases in substantial amounts at levels which we believe represent sound investment values.
People tend to be clueless about prices. Contrary to economic theory, we don't really decide between A and B by consulting our invisible price tags and purchasing the one that yields the higher utility, he says. We make do with guesstimates and a vague recollection of what things are “supposed to cost.”
Probably the institution of marriage had its origin in love of property. Both men and women were united in this--that whatever they loved best, they wished to possess. The usual theory holds that the communal system would not permit the gratification of this desire at the expense of communal rights, and that therefore men were driven to gratify their passion by purchasing or by capturing women from neighboring and hostile tribes.
The reality is that nearly 80 percent of the world's purchasing power lies outside the United States, and if we don't tap those markets, others will.
Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money.
The greatest danger to an adequate old-age security plan is rising prices. A rise of 2% a year in prices would cut the purchasing power of pensions about 45% in 30 years. The greatest danger of rising prices is from wages rising faster than output per man-hour.... Whether the nation succeeds in providing adequate security for retired workers depends in large measure upon the wage policies of trade unions.
Contrology is not a fatiguing system of dull, boring, abhorred exercises repeated daily "ad-nauseam." Neither does it demand you joining a gymnasium nor the purchasing of expensive apparatus. You may derive all the benefits of Contrology in your own home.
Collectors are paying for our education by purchasing our art.
A man has a very insecure tenure of a property which another can carry away with his eyes. A few months reduced me to the cruel necessity either of destroying my machine, or of giving it to the public. To destroy it, I could not think of; to give up that for which I had laboured so long, was cruel. I had no patent, nor the means of purchasing one. In preference to destroying, I gave it to the public.
Purchasing the Bobcats is the culmination of my post-playing career goal of becoming the majority owner of an NBA franchise.
Ah, the power of two. There's nothing quite like it. Especially when it comes to paying utility bills, parenting, cooking elaborate meals, purchasing a grown-up bed, jumping rope and lifting heavy machinery. The world favours pairs. Who wants to waste the wood building an ark for singletons?
I am a huge supporter for cash for caulkers - which allows people to make improvement for energy efficient in their homes. We should do the same for Americans purchasing appliances and computers and for that matter, new air-conditioner and heating units.
Car prices play a large role in calculating PPPs even while they play no role whatsoever in the consumption or consumption needs of the poor. And the prices of rice, bread and beans play a small role in calculating PPPs even though they play a huge role in meeting the consumption needs of the poor. So the World Bank's method of comparing and converting everything at general purchasing power parities into US dollars is highly distorting within an exercise whose purpose it is to determine whether households are or are not capable of meeting their basic consumption needs.
The great thing about doing art shows is you get to meet the people who are interested in your art, and I think that when you're purchasing a piece of art it's a tremendous bonus to get to meet the artist because you get a chance to pick their brain a bit and find out first hand what the piece is about for the artist.
Happiness in a tablet. This is our world. Prozac. Daxil. Xanax. Billions are spent to advertise such drugs. And billions are spent purchasing them. You don't even need a specific trauma, just 'general depression' is enough, or anxiety, as if sadness is as treatable as the common cold.
The polling of Internet users shows that friends recommendations are the most reliable driver behind purchasing decisions. Right now that market is largely untapped. Facebook and other social networks can allow that to happen.
Global interconnectedness has led to the emergence of a new political power, that of consumers and their associations. It is good for people to realize that purchasing is always a moral - and not simply economic - act.
People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it.
Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.
If ever there was an area in which to do the exact opposite of that which government and the media urge you to do, that area is the purchasing of gold.
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