Posts Tagged ‘economy’
Next Page »Hendrith Smith: Necessary Capital
on Saturday, June 3, 2023Meaning of Hendrith Smith Money Quote: saying Banks can be compared to the heart of the economy as it keeps money flowing throughout the finance body. Hendrith Smith said:
“Banks are to the economy what the heart is to the human body. They cycle necessary capital through the whole, and they are barely noticed until pressure, necessity, or crises” — Hendrith Smith
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John Tobe: Disease Money Maker
on Monday, March 27, 2023Meaning of John H. Tobe Money Quote: saying physical illness and diseases are the largest money making aspect to the economy. John H. Tobe said:
“Disease is the biggest money maker in our economy.” — John H. Tobe
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Wendell Berry: Slavery Freedom
on Friday, March 10, 2023Meaning of Wendell Berry Money Quote: saying people can become wage slaves and convinced they are free, then finds ways to take back the money given. Wendell Berry said:
“The new slavery has improved upon the old by giving the new slaves the illusion that they are free. The Economy does not take people’s freedom by force, which would be against its principles, for it is very humane. It buys their freedom, pays for it, and then persuades its money back again with shoddy goods and the promise of freedom” — Wendell Berry
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Chris Hedges: With Common Good
on Tuesday, January 24, 2023Meaning of Chris Hedges Money Quote: saying Corporate goals are purely focused on gain and plunder at expense of people. Chris Hedges said:
“We have to grasp, as Marx and Adam Smith did, that corporations are not concerned with the common good. They exploit, pollute, impoverish, repress, kill, and lie to make money. They throw poor people out of homes, let the uninsured die, wage useless wars for profit, poison and pollute the ecosystem, slash social assistance programs, gut public education, trash the global economy, plunder the U.S. Treasury and crush all popular movements that seek justice for working men and women. They worship money and power” — Chris Hedges
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Georg Simmel: Quantitative Money
on Tuesday, January 3, 2023Meaning of Georg Simmel Money Quote: saying financial economy has an exactitude to economic life which can’t be applied to personal lives. Georg Simmel said:
“The calculative exactness of practical life which the money economy has brought about corresponds to the ideal of natural science: to transform the world by mathematical formulas. Only money economy has filled the days of so many people with weighing, calculating, with numerical determinations, with a reduction of qualitative values to quantitative ones” — Georg Simmel
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Hendrith Vanlon Smith Jr: Inflation %
on Sunday, November 20, 2022Meaning of Hendrith Vanlon Smith Jr. Money Quote: saying One business expense many owners fail to budget is inflation. Hendrith Vanlon Smith Jr. said:
“You have to include inflation in your annual revenue and expense forecasts. You have to treat inflation as an annual fee your business pays into the economy. If inflation is 2% for example, that means the economy is charging your business a 2% annual fee and so you gotta make sure your income and total assets grow at minimum 2% annually just to keep up” — Hendrith Vanlon Smith Jr
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Armand Salacrou: Economy Spend
on Thursday, June 2, 2022Armand Salacrou Money Quote saying that being frugal is a way to buy stuff without enjoying spending the money. Armand Salacrou said:
“Economy is a way of spending money without getting any pleasure out of it” — Armand Salacrou
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David Letterman: Economic Sanctions
on Tuesday, April 12, 2022David Letterman Money Quote saying economists think that Russia is suffering economically due to sanctions, oil boycotts and vodka sales have tanked. David Letterman said:
“Economists believe there are three reasons why the Russian economy is doing so poorly. One, economic sanctions are working. Number two, low-price oil. And number three, Lindsay Lohan has quit drinking vodka” — David Letterman
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