Macro Economy
Makroekonomi- "If you put the Federal Government in charge of the Sahara Desert, there’d be a shortage of sand within five years."
A government big enough to give you everything you want is strong enough to take everything you have.
Thomas Jefferson
Nothing is so permanent as a temporary government program.
Milton Friedman
I believe that money owed by one country to another, or one country to banks, or whatever it is… …it will never be paid back. It could only be paid back by borrowing more, which is the same thing… …it won´t be paid back. The situation is what it is.
Baron Rothchild
Copper is the metal with a PhD in Economics.
Market Saying
If you put the Federal Government in charge of the Sahara Desert, there’d be a shortage of sand within five years.
Milton Friedman
If you print money like Zimbabwe… …the purchasing power of money goes down, and the standards of living go down, and eventually you have a civil war.
Marc Faber
What i object to the current government intervention is so-called “solving the crisis”, they haven´t solved anything . The´ve just postponed it.
Marc Faber
Americans now know that housing prices can go down and they can go down by 10, 20, 30, and in some cases, 40 or 50 percent. We know they can go down. But five years ago, we thought they could only go up.
Bill Gross
The total volume of indebtedness has grown faster or slower, depending on time, but it has never dissapeared… …it has never been contracted. Impossible. What happens is… …as time goes on, currencies go down. Now I´m not talking about the currency of one versus the other. I´m talking of the buying power.
Baron Rothchild
Finance is the art of passing money from hand to hand until it finally disappears.
Robert W Sarnoff
Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair.
Sam Ewing
Debt is always repaid, either by the borrower or by the lender.
James Grant
A fully fledged economic downturn will cause nastier things to come out of the woodwork. The old market saying is: ‘Recessions uncover what auditors do not.
Philip Coggan
The modern banking system manufactures money out of nothing. The process is perhaps the most astounding piece of sleight-of-hand that was ever invented. Banking was conceived in inequity and born in sin… But if you want to continue to be slaves of the bankers and pay the cost of your own slavery, then let the bankers continue to create money and control credit.
Josiah Charles Stamp
It’s a recession when your neighbor loses his job; it’s a depression when you lose yours.
Harry S Truman
“THERE IS NO MEANS OF AVOIDING THE FINAL COLLAPSE OF A BOOM BROUGHT ABOUT BY CREDIT EXPANSION. THE ALTERNATIVE IS ONLY WHETHER THE CRISIS SHOULD COME SOONER AS A RESULT OF A VOLUNTARY ABANDONMENT OF FURTHER CREDIT EXPANSION, OR LATER AS A FINAL OR TOTAL CATASTROPHE OF THE CURRENCY SYSTEM INVOLVED”
Ludwig von Mises
