Purchasing Quotes - Page 3

• An almost forgotten means of economic self-reliance is the home production of food. We are too accustomed to going to stores and purchasing what we need.

  Ezra Taft Benson

  Home, Mean, Self

  Ezra Taft Benson (1988). “The Teachings of Ezra Taft Benson”, Bookcraft Pubs

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• There is another method of obtaining money... It does not presuppose the existence of accumulated results of previous development, and hence may be considered as the only one which is available in strict logic. This method of obtaining money is the creation of purchasing power by banks. The form it takes is immaterial.

  Joseph A. Schumpeter

  Doe, Development, May

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• The banker, therefore, is not so much primarily a middleman in the commodity "purchasing power" as a producer of this commodity. However, since all reserve funds and savings today usually flow to him, and the total demand for free purchasing power, whether existing or to be created, concentrates on him, he has either replaced private capitalists or become their agent; he has himself become the capitalist par excellence.

  Joseph A. Schumpeter

  Excellence, Bankers, Saving

  Joseph A. Schumpeter (2011). “The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle”, p.74, Transaction Publishers

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• The wisest and best are repulsive, if they are characterized by repulsive manners. Politeness is an easy virtue, costs little, and has great purchasing power.

  Amos Bronson Alcott

  Cost, Littles, Virtue

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• Broadly speaking, Keynesianism means that the government has a specific responsibility for the behavior of the economy, that it doesn't work on its own autonomous course, but the government, when there's a recession, compensates by employment, by expansion of purchasing power, and in boom times corrects by being a restraining force. But it controls the great flow of demand into the economy, what since Keynesian times has been the flow of aggregate demand. That was the basic idea of Keynes so far as one can put it in a couple of sentences.

  John Kenneth Galbraith

  Couple, Mean, Responsibility

  Interview with Brian Lamb, Booknotes C-SPAN, November 13, 1994.

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• The market insures that any quantity of money is capable of performing all the work required of a medium of exchange by adjusting its purchasing power to the underlying conditions of supply and demand.

  Joseph Salerno

  Demand, Adjusting, Purchasing Power

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• I have always been a big advocate of tap water-not because I think it harmless but because the idea of purchasing water extracted from some remote watershed and then hauled halfway round the world bothers me. Drinking bottled water relieves people of their concern about ecological threats to the river they live by or to the basins of groundwater they live over. It's the same kind of thinking that leads some to the complacent conclusion that if things on earth get bad enough, well, we'll just blast off to a space station somewhere else.

  Sandra Steingraber

  Drinking, Thinking, Rivers

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• An underpaid man is a customer reduced in purchasing power. He cannot buy. Business depression is caused by weakened purchasing power. Purchasing power is weakened by uncertainty or insufficiency of income. The cure of business depression is through purchasing power, and the source of purchasing power is wages.

  Henry Ford

  Men, Political, Income

  Henry Ford (2006). “The Great To-Day and Greater Future”, p.194, Cosimo, Inc.

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• Increased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster.

  Bernard Baruch

  Money, Fall, Unemployment

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• If the practice persists of covering government deficits with the issue of notes, then the day will come without fail, sooner or later, when the monetary systems of those nations pursuing this course will break down completely. The purchasing power of the monetary unit will decline more and more, until finally it disappears completely.

  Ludwig von Mises

  Government, Disappear Completely, Practice

  Ludwig Von Mises (1978). “On the Manipulation of Money and Credit”, Dobbs Ferry, N.Y. : Free Market Books

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• Need is not demand. Effective economic demand requires not merely need but corresponding purchasing power.

  Henry Hazlitt

  Needs, Demand, Economic

  Henry Hazlitt (2010). “Economics in One Lesson: The Shortest and Surest Way to Understand Basic Economics”, p.20, Crown Business

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• Actually, I have no regard for money. Aside from its purchasing power, it's completely useless as far as I'm concerned.

  Alfred Hitchcock

  Useless, Purchasing Power, Concerned

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• We find real joy when we keep the Savior the focus of the season.

  Thomas S. Monson

  Real, Focus, Joy

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• Finding the real joy of #‎ Christmas comes not in the hurrying and the scurrying to get more done, nor is it found in the purchasing of #‎ gifts . We find real joy when we make the Savior the focus of the season.

  Thomas S. Monson

  Real, Focus, Joy

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• Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power.

  Peter Schiff

  Government, Printing Money, Citizens

  "Peering into the Abyss" by Peter Schiff, www.lewrockwell.com. March 29, 2009.

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• We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.

  Alan Greenspan

  Guarantees, Investing, Benefits

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• We cannot pursue a classical and Christian education as a fad. We are not purchasing intellectual hula hoops for the kids.

  Douglas Wilson

  Christian, Kids, Intellectual

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• 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.

  Robert Ringer

  Government, Media, Opposites

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• The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary unit. The more inflation progresses, the higher rises the national income.

  Ludwig von Mises

  Progress, Income, Making Money

  Ludwig Von Mises (1962). “The Ultimate Foundation of Economic Science: An Essay on Method”

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• Maybe the purchasing and the making and the wrapping and the decorating - those delightfully generous and important expressions of our love at Christmas - should be separated, if only slightly, from the more quiet, personal moments when we consider the meaning of the Baby (and his birth) who prompts the giving of such gifts.

  Jeffrey R. Holland

  Christmas, Baby, Expression

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• In a world of intrusive technology, we must engage in a kind of struggle if we wish to sustain moments of solitude. E-reading opens the door to distraction. It invites connectivity and clicking and purchasing. The closed network of a printed book, on the other hand, seems to offer greater serenity. It harks back to a pre-jacked-in age. Cloth, paper, ink: For these read helmet, cuirass, shield. They afford a degree of protection and make possible a less intermediated, less fractured experience. They guard our aloneness. That is why I love them, and why I read printed books still.

  Mohsin Hamid

  Love, Book, Reading

  Mohsin Hamid (2014). “Discontent and Its Civilizations: Dispatches from Lahore, New York and London”, p.81, Penguin UK

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• 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.

  Peter Schiff

  Government, Should Have, People

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• All's fair in love and purchasing.

  Emily Oster

  Fairs

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• 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.

  Pope Benedict XVI

  People, Political, Association

  Pope Benedict XVI (2009). “Charity in Truth”, p.134, Ignatius Press

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• 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.

  Yuri Milner

  Decision, Internet Users, Social Media

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