Posts Tagged ‘bonds’

Kurt Vonnegut: Twenty Dollar Bill Leaves

Posted by admin on Wednesday, July 8, 2015

Kurt Vonnegut Money Quotation providing description of a money tree & government flowers from Slaughterhouse Five character Kilgore Trout. Kurt Vonnegut said:

Trout, incidentally, had written a book about a money tree. It had twenty-dollar bills for leaves. Its flowers were government bonds. Its fruit was diamonds.
— Kurt Vonnegut

Arnon Grunberg: No Gold for Cryptocurrency

Posted by admin on Wednesday, April 29, 2015

Arnon Grunberg Money Quotation saying cryptocurrency proving that we must trust a currency, regardless of whether it is backed by alternate currencies. Arnon Grunberg said:

The relative success of the bitcoin proves that money first and foremost depends on trust. Neither gold nor bonds are needed to back up a currency
— Arnon Grunberg

Janet Yellen: Wealthiest 5% Hold 2/3 Assets

Posted by admin on Wednesday, October 22, 2014

Janet Yellen Financial Assets GraphJanet Yellen Money Quotation saying the richest five percent hold two thirds of financial assets in the United States. Janet Yellen said:Janet Yellen said:

[A] major source of wealth for many families is financial assets, including stocks, bonds, mutual funds, and private pensions. …the wealthiest 5 percent of households held nearly two-thirds of all such assets in 2013
— Janet Yellen

Thomas Edison: Promises of Currency

Posted by admin on Sunday, July 3, 2011

Thomas A. Edison Money Quotation saying some methods of wealth creation appeal to only the financial industry while others have wider affect and appeal. Thomas A. Edison said:

It is absurd to say our Country can issue bonds and cannot issue currency. Both are promises to pay, but one fattens the usurer and the other helps the people

— Thomas A. Edison

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