Depreciation Quotes

• To the totality of purposes of the perfect Law there belong the abandonment, depreciation, and restraint of desires in so far as possible.

  Maimonides

  Law, Perfect, Desire

  Moses Maimonides (2010). “The Guide of the Perplexed”, p.32, University of Chicago Press

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• One way we gave small businesses more money to invest was by extending tax provisions on expensing. This allows businesses to immediately write off things like equipment, without being burdened by depreciation requirements.

  Dennis Hastert

  Writing, Requirements, Way

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• The idea that information can be stored in a changing world without an overwhelming depreciation of its value is false. It is scarcely less false than the more plausible claim that after a war we may take our existing weapons, fill their barrels with information.

  Norbert Wiener

  War, Ideas, Information

  Norbert Wiener (1954). “The human use of human beings: cybernetics and society”

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• After all, sustainability means running the global environment - Earth Inc. - like a corporation: with depreciation, amortization and maintenance accounts. In other words, keeping the asset whole, rather than undermining your natural capital.

  Maurice Strong

  Running, Mean, Romance

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• Actually, if my business was legitimate, I would deduct a substantial percentage for depreciation of my body.

  Xaviera Hollander

  Body, Percentages, Prostitution

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• I pay tax, and I pay federal tax, too. But I have a write-off, a lot of it's depreciation, which is a wonderful charge. I love depreciation.

  Donald Trump

  Writing, Pay, Wonderful

  Donald Trump during Presidential Debate at Washington University St. Louis, Missouri, www.nytimes.com. October 10, 2016.

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• Government should stand behind its currency and credit and the bank deposits of the nation. No individual should suffer a loss of money through depreciation or inflated currency of Bank bankruptcy.

  Abraham Lincoln

  Loss, Government, Suffering

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• Those who profess to favor freedom, and yet depreciate agitation, are men who want crops without plowing up the ground.

  Frederick Douglass

  Freedom, Patriotic, Men

  Speech, Canandaigua, N.Y., 4 Aug. 1857

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• Nations are not ruined by one act of violence, but gradually and in an almost imperceptible manner by the depreciation of their circulating currency, through its excessive quantity.

  Nicolaus Copernicus

  Libertarian, Violence, Currency

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• A dramatic unwinding of that relationship [between USA and China], by way of an aggressive trade policy, is one of the nightmare scenarios for the global economy as a whole, because it would result in a spiraling depreciation of the dollar, a surge in American interests rates, a collapse in the market for American government debt.

  Judy Woodruff

  Government, Usa, Dollars

  Source: www.pbs.org

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• Lobbyists know that a 0 percent tax rate on capital income is not, in fact, the lowest possible rate. There can be negative tax rates. There can be subsidies. There can be allowances for depreciation. Lobbyists are adaptive creatures.

  Joel Achenbach

  Subsidies, Facts, Lobbyists

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• Until government administrators can so identify the interests of government with those of the people and refrain from defrauding the masses through the device of currency depreciation for the sake of remaining in office, the wiser ones will prefer to keep as much of their wealth in the most stable and marketable forms possible - forms which only the precious metals provide.

  Elgin Groseclose

  Government, People, Office

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• The inclination to self-depreciation, to freely accepting being robbed, being duped, and being swindled, could be the modesty of a god among men.

  Friedrich Nietzsche

  Men, Self, Modesty

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• He took pains to avoid self-depreciation, self-mockery, ambiguity, irony, subtlety, vulnerability, a civilized world-weariness and a tragic sense of history--the very things, he says, that are most natural to him.

  Don DeLillo

  Pain, Self, World

  Don DeLillo (2011). “White Noise”, p.24, Pan Macmillan

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• The depreciation of Christianity by indifference is a more insidious and less curable evil than infidelity itself.

  Richard Whately

  Evil, Infidelity, Indifference

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• There are two types of depreciation. There is one where you're manipulating currencies. And that's not what Japan is doing.

  Jamie Dimon

  Japan, Two, Currency

  Source: asia.nikkei.com

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• Consider how badly-built suburbia is. Many business buildings are not designed to outlast their tax depreciation periods, and the McHouses are made of particle board, vinyl siding, and stapled-on trim. A lot of suburbia will simply become the slums of the future. Most of the rest will be salvage or ruins.

  James Howard Kunstler

  Ruins, Boards, Vinyl

  Source: www.raisethehammer.org

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• The not-quite-sort-of lie works here too - often an ad will announce that "Congressman Johnson voted for a bill that gave tax breaks to companies like Enron." True - although the bill allowed all companies to accelerate depreciation of copying machines. Yes, Enron benefited, but Enron also benefited from the revolution of the Earth around the sun. Hardly an argument to freeze the planet in one spot.

  James Lileks

  Lying, Copying, Machines

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• Dollar depreciation leads to higher inflation and ultimately forces foreign creditors to question their rationale and indeed their sanity for continuing purchases of U.S. Treasuries.

  Bill Gross

  Dollars, Sanity, Creditors

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• The foundation of humility is truth. The humble man sees himself as he is. If his depreciation of himself were untrue,... it wouldnot be praiseworthy, and would be a form of hypocrisy, which is one of the evils of Pride. The man who is falsely humble, we know from our own experience, is one who is falsely proud.

  Henry Fairlie

  Humble, Humility, Pride

  Henry Fairlie (2015). “The Seven Deadly Sins Today”, p.47, University of Notre Dame Pess

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• I feel no shame at being found still owning a share when the bottom of the market comes…I would go much further than that. I should say that it is from time to time the duty of a serious investor to accept the depreciation of his holdings with equanimity and without reproaching himself.  … An investor…should be aiming primarily at long-period results, and should be solely judged by these.

  John Maynard Keynes

  Long, Serious, Shame

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• He was the meekest of his sex, the mildest of little men. He sidled in and out of a room, to take up the less space. He walked as softly as the Ghost in Hamlet, and more slowly. He carried his head on one side, partly in modest depreciation of himself, partly in modest propitiation of everybody else.

  Charles Dickens

  Sex, Character, Men

  Charles Dickens (1858). “The Personal History of David Copperfield ... With Frontispiece by H. K. Browne”, p.6

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• Most timidities have such secret compensations and Miss Bart was discerning enough to know that the inner vanity is generally in proportion to the outer self depreciation.

  Edith Wharton

  Vanity, Self, Missing

  Edith Wharton (2012). “The House of Mirth”, p.16, Courier Corporation

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• If the man succeeds in becoming indifferent to the opinions of his neighbors he runs into another danger, that of a distorted and extravagant self of the pride sort, since by the very process of gaining independence and immunity from the stings of depreciation and misunderstanding, he has perhaps lost that wholesome deference to some social tribunal that a man cannot dispense with and remain quite sane.

  Charles Horton Cooley

  Running, Pride, Men

  Charles Horton Cooley (1992). “Human Nature and the Social Order”, p.258, Transaction Publishers

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