Posts Tagged ‘commodity’

John D. Rockefeller: As Purchasable

Posted by admin on Monday, July 8, 2019

John D. Rockefeller Money Quote saying it’s just as possible to find people with people skills as those with technical abilities. John D. Rockefeller said:
 
The ability to deal with people is as purchasable a commodity as sugar or coffee. And I will pay more for that ability Quote
 

“The ability to deal with people is as purchasable a commodity as sugar or coffee. And I will pay more for that ability.” — John D. Rockefeller

 
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Leon Trotsky: Understand Economic Process

Posted by admin on Friday, November 9, 2018

Leon Trotsky Money Quote saying words and labels for economic processes are meaningless and not understood by most – and certainly not within their power to change or direct. Leon Trotsky said:
 
Such categories as ‘commodity’, ‘money’, ‘wages’, ‘capital’, ‘profit’, ‘tax’, and the like are only semi-mystical reflections in men’s heads of the various aspects of a process of economy Quote
 

“Such categories as ‘commodity’, ‘money’, ‘wages’, ‘capital’, ‘profit’, ‘tax’, and the like are only semi-mystical reflections in men’s heads of the various aspects of a process of economy which they do not understand and which is not under their control” — Leon Trotsky

 
Birthday November 7, 1879
 
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Robert A. Heinlein: Commercial Financing Commodity

Posted by admin on Tuesday, December 5, 2017

Robert A. Heinlein Money Quote saying banks could finance commercial loans by charing reasonable fees, but instead commoditize cash based on scarcity. Robert A. Heinlein said:
 
Commercial financing could be done for a service charge plus an insurance fee amounting to much less that the rates of interest charged by banks Quote
 

“Commercial financing could be done for a service charge plus an insurance fee amounting to much less that the rates of interest charged by banks, whose rates were based on supply and demand, treating money as a commodity rather than as a sovereign state’s means of exchange” — Robert A. Heinlein

 
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