Posts Tagged ‘bonds’
George Carlin: Tied Up in Debt
on Wednesday, June 21, 2023Meaning of George Carlin Money Quote: saying no money available for financial products, rather investing in debt and owing. George Carlin said:
“I don’t own any stocks or bonds. All my money is tied up in debt” — George Carlin
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Suze Orman: Investment Inflation
on Wednesday, November 16, 2022Meaning of Suze Orman Money Quote: saying successful investment requires a diversified portfolio so it can avoid the effects of inflation. Suze Orman said:
“Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won’t grow any faster than the rate of inflation” — Suze Orman
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Andrew Mellon: Gentlemen Bonds
on Wednesday, April 20, 2022Andrew Mellon Money Quote saying that investors could be gentlemen. Andrew Mellon said:
“Gentlemen prefer bonds” — Andrew Mellon
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Thomas A. Edison: Issue Bonds
on Monday, November 16, 2020Thomas A. Edison Money Quote saying that the country should be able to print currency and not only bonds. 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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Kurt Vonnegut: Twenty Dollar Bill Leaves
on Wednesday, July 8, 2015Kurt 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
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Arnon Grunberg: No Gold for Cryptocurrency
on Wednesday, April 29, 2015Arnon 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
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Janet Yellen: Wealthiest 5% Hold 2/3 Assets
on Wednesday, October 22, 2014
Janet Yellen Money Quotation saying the richest five percent hold two thirds of financial assets in the United States. Janet Yellen said:Janet Yellen said:
![Janet Yellen [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 quote](https://itsamoneything.com/money/wp-content/uploads/Janet-Yellen-Major-Source-Wealth-Financial-Assets-Percent.jpg)
“[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
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