James Garfield: Paper Money Lies

James A. Garfield Money Quote saying a belief in paper currency requires faith in the valuation, and the government. James A. Garfield said:
 

 

“I am an advocate of paper money, but that paper money must represent what it professes on its face. I do not wish to hold in my hands the printed lies of government. He who controls the money supply of a nation controls the nation” — James A. Garfield

In this quote, James A. Garfield is expressing support for fiat currency or “paper money” while also underscoring the importance of maintaining its integrity and value. The best interpretation is:

• Garfield supports the use of paper money/fiat currency rather than gold-backed notes as the standard monetary system.
• However, he emphasizes that such currency must truthfully represent its stated worth (“what it professes”) and not become debased through excessive issuance.
• Garfield does not want to hold currency that amounts to “printed lies” through inflation caused by losing anchoring to its proclaimed value.
• He acknowledges that whoever controls the money supply of a nation in turn controls the nation, since monetary policy can powerfully influence both the economy and political landscape.

Overall, Garfield endorses fiat money but stresses the need for responsible monetary stewardship to back the currency’s value and prevent its manipulation as a means of indirect control over a country.

Birthday: November 19, 1831 – Death: September 19, 1881

Kora-Lea Vidal: Sense of Purpose

Kora-lea Vidal Money Quote saying when chasing money, you are only chasing paper, not a sense of purpose. Kora-lea Vidal said:
 

 

“When you’re just chasing the dollar, you don’t have a sense of purpose, you have a sense of paper” — Kora-lea 🌈 Vidal

In this quote, Kora-lea Vidal seems to be cautioning against prioritizing financial gain above all else. Specifically, she notes that when an individual is solely “chasing the dollar” or focused on accumulating money, they do not truly have a sense of motivation or higher purpose driving them. Instead, Vidal argues they only have a superficial “sense of paper” – referring to money in its physical form rather than what it represents.

The best interpretation is that Vidal believes deriving meaning and fulfillment purely from amassing wealth is hollow and unsatisfying. She conveys a perspective that true purpose in work and life stems from deeper sources than monetary accumulation alone according to her view on finding motivation beyond financial priorities.

Anthony Pompliano: Seashells or Paper

Anthony Pompliano Money Quote saying money systems have evolved to use different measures of value – once carved stones and seashells, today paper and plastic, tomorrow will be digital. Anthony Pompliano said:
 

 

“People used to use seashells as money. We can’t help but think how primitive that was. Today we use paper as money. Eventually people will wonder how we could have been so primitive” — Anthony Pompliano

People used to use seashells as money. We can’t help but think how primitive that was.

Today we use paper as money.

Eventually people will wonder how we could have been so primitive.

— Pomp 🌪 (@APompliano) August 29, 2018

 
Short Link to this Quote:

This quote by Anthony Pompliano seems to be referring to how forms of money and currency can become outdated over time as technologies and societies progress and evolve.

Pompliano draws an analogy between seashells being used as primitive money in the past, to paper money being used today. Just as people now view seashells as a primitive early form of currency, Pompliano suggests that eventually people will look back at our use of paper money in the same way – as being primitive compared to future forms of digital or cryptocurrencies.

The quote implies that as technologies advance, new and more sophisticated forms of currency will emerge that may replace current paper-based forms of money, just as paper money replaced primitive seashell currencies. So the overall interpretation is that Pompliano is commenting on the evolving nature of currency and predicting that paper money too may be seen as obsolete in the future, much like seashells are viewed today.

Kora-Lea Vidal: True to Passion Not Paper

Kora-lea Vidal Money Quote saying focus on what feeds your soul, rather than increasing your wealth. Kora-lea Vidal said:
 

 

“Stay true to your passion, not your paper” — Kora-lea Vidal

In this quote, Kora-Lea Vidal is advising people to remain loyal to their interests, talents and motivations (“passion”) rather than external factors like money or social expectations (“paper”).

The “paper” likely refers to documents like contracts, schedules or credentials that can dictate one’s actions but not necessarily fulfill them inwardly. By saying to “stay true to your passion, not your paper”, Vidal suggests letting inner drive and purpose guide decisions over adhering strictly to rules, routines or monetary rewards.

The interpretation is that the quote promotes following one’s heart rather than being controlled by paperwork or other people’s agendas. The overall message conveyed is that happiness and success come from engaging deeply in what one truly cares about and finds meaningful.

Milton Friedman: Perfectly Worthless Paper

Milton Friedman Money Quotation saying The Federal Reserve puts ink to paper in a valueless way, as only government could. Milton Friedman said:
 

 

“Only government can take perfectly good paper, cover it with perfectly good ink and make the combination worthless” — Milton Friedman

Milton Friedman is criticizing how governments can devalue or destroy the value of money through certain economic policies. By “perfectly good paper” and “perfectly good ink”, he is referring to currency like bills.

Friedman is suggesting that even though the physical materials used to make money have value on their own, governments have the unique power to render that money worthless simply through decisions around monetary policy, money supply, or other economic actions.

His point is that only a governing body, not private individuals or companies, can essentially wipe out the purchasing power and usefulness of a currency that physically appears sound, through policies that undermine its value and status as legal tender.

Birthday: July 31, 1912 Death: November 16, 2006

Havelock Ellis on Value of Thinking

Havelock Ellis Money Quotation saying the value of thinking has a range from symbolic to inspirational. Havelock Ellis said:
 

 

“Thinking in its lower grades, is comparable to paper money, and in its higher forms it is a kind of poetry” — Havelock Ellis

This quote from Havelock Ellis suggests that thinking or the process of thought can occur at different levels or “grades”. The best interpretation is that at its most basic level, thinking is similar to paper money in that it has a practical use but not much intrinsic value on its own.

However, in its highest or most refined forms, thinking rises to an art form akin to poetry – it becomes creative, imaginative and able to generate insights in a way that elevates the human experience. According to Ellis, while rudimentary thinking is a functional tool, thinking developed to its fullest potential can be a thing of beauty.

The implication seems to be that we should strive to cultivate our thinking capacities to poetic heights rather than remaining satisfied with thinking that serves little purpose beyond superficial uses like paper currency.

Mark Wagner on Dollars as Popular Paper

Mark Wagner Money Quotation saying the popularity of the dollar bill is greater than any other piece of printed paper in the world. Mark Wagner said:
 

 

“It’s basically the most popular piece of paper on the planet” — Mark Wagner

In this quote, Mark Wagner seems to be making an observation about money and currency. By referring to money as “the most popular piece of paper on planet”, he is highlighting how ubiquitous and widely used paper money is in global society and commerce.

Despite being a simple physical object, paper currency has become the most prevalent medium of exchange around the world, serving as the standard form that most financial transactions and stores of value take.

Wagner appears to be commenting on the irony of how much power, influence and importance something as basic as printed paper can hold, due simply to its role as a shared symbol of purchasing ability.

The quote reflects on how much control over economic systems something so physically inconsequential as bills and notes have gained, due to their widespread social acceptance as representations of wealth.

David Bazelon: Paper Printed Dreams

David T. Bazelon Money Quote saying we somehow believe that money is a real, concrete, useful object in itself, when it is instead an abastraction that represents what it will buy. David T. Bazelon said:
 

 

“Money: A dream, a piece of paper on which is imprinted in invisible ink the dream of all the things it will buy, all the trinkets and all the power over others” — David T. Bazelon

In this quote, David T. Bazelon is characterizing money as essentially representing dreams, aspirations and potential rather than having intrinsic value itself. He views money as a physical manifestation of hopes – a piece of paper imprinted with “invisible ink” symbolizing all that could potentially be obtained through exchange, whether trivial “trinkets” or influence over others.

Bazelon’s point is that money only has meaning because as a society we collectively agree and believe in what it promises, not because the paper or coins have use on their own. The quote conveys that money allows us to dream and project our desires onto it, seeing in its abstract form all that it might buy if exchanged for goods, services or power.

So in essence, Bazelon sees money as fundamentally symbolic of dreams, wants and imagined possibilities rather than a real commodity in a tangible sense.

Birthday: September 3, 1909 – Death: February 19, 1993