Purchasing Quotes - Page 5

• Governments and politicians use the family as an indicator of the health and strength of social life. Politicians fear that any weakening of family life will in some way sap the vitality of national life.... The family is also important to businessmen. It is one of the major purchasing groups of our consumer society.

  Adrian Wilson

  Government, Important, Vitality

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• Believing that fundamental conditions of the country are sound ... my son and I have for some days been purchasing sound common stocks

  John D. Rockefeller

  Country, Believe, Son

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• Private property works like circuitry in electronics, or piping in hydraulics. It conveys wages to the owners of labor power, as well as the various forms of nonwage property income to the owners of capital. In itself, it is no more responsible for maldistribution of purchasing power than the science of bookkeeping is responsible for bankruptcy.

  Louis O. Kelso

  Wisdom, Wages, Electronics

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• When capital owners are few, the private-property conduits of necessity create vast savings reservoirs for those few. If there were many owners, the same conduits would broadly irrigate the economy with purchasing power.

  Louis O. Kelso

  Wisdom, Saving, Politics

  Louis O. Kelso, Patricia Hetter Kelso (1967). “Two-factor Theory: the Economics of Reality; how to Turn Eighty Million Workers Into Capitalists on Borrowed Money, and Other Proposals”, New York : Vintage Books

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• It may seem strange, but Congress has never developed a set of goals for guiding Federal Reserve policy. In founding the System, Congress spoke about the country's need for "an elastic currency." Since then, Congress has passed the Full Employment Act, declaring its general intention to promote "maximum employment, production, and purchasing power." But it has never directly counseled the Federal Reserve.

  Wright Patman

  Wisdom, Country, Goal

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• There is another method of obtaining money... It does not presuppose the existence of accumulated results of previous development, and hence may be considered as the only one which is available in strict logic. This method of obtaining money is the creation of purchasing power by banks. The form it takes is immaterial.

  Joseph A. Schumpeter

  Doe, Development, May

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• I have always been a big advocate of tap water-not because I think it harmless but because the idea of purchasing water extracted from some remote watershed and then hauled halfway round the world bothers me. Drinking bottled water relieves people of their concern about ecological threats to the river they live by or to the basins of groundwater they live over. It's the same kind of thinking that leads some to the complacent conclusion that if things on earth get bad enough, well, we'll just blast off to a space station somewhere else.

  Sandra Steingraber

  Drinking, Thinking, Rivers

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• In a world of intrusive technology, we must engage in a kind of struggle if we wish to sustain moments of solitude. E-reading opens the door to distraction. It invites connectivity and clicking and purchasing. The closed network of a printed book, on the other hand, seems to offer greater serenity. It harks back to a pre-jacked-in age. Cloth, paper, ink: For these read helmet, cuirass, shield. They afford a degree of protection and make possible a less intermediated, less fractured experience. They guard our aloneness. That is why I love them, and why I read printed books still.

  Mohsin Hamid

  Love, Book, Reading

  Mohsin Hamid (2014). “Discontent and Its Civilizations: Dispatches from Lahore, New York and London”, p.81, Penguin UK

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• The banker, therefore, is not so much primarily a middleman in the commodity "purchasing power" as a producer of this commodity. However, since all reserve funds and savings today usually flow to him, and the total demand for free purchasing power, whether existing or to be created, concentrates on him, he has either replaced private capitalists or become their agent; he has himself become the capitalist par excellence.

  Joseph A. Schumpeter

  Excellence, Bankers, Saving

  Joseph A. Schumpeter (2011). “The Theory of Economic Development: An Inquiry into Profits, Capital, Credit, Interest, and the Business Cycle”, p.74, Transaction Publishers

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• We find real joy when we keep the Savior the focus of the season.

  Thomas S. Monson

  Real, Focus, Joy

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• Finding the real joy of #‎ Christmas comes not in the hurrying and the scurrying to get more done, nor is it found in the purchasing of #‎ gifts . We find real joy when we make the Savior the focus of the season.

  Thomas S. Monson

  Real, Focus, Joy

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• We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.

  Alan Greenspan

  Guarantees, Investing, Benefits

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• We cannot pursue a classical and Christian education as a fad. We are not purchasing intellectual hula hoops for the kids.

  Douglas Wilson

  Christian, Kids, Intellectual

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• The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary unit. The more inflation progresses, the higher rises the national income.

  Ludwig von Mises

  Progress, Income, Making Money

  Ludwig Von Mises (1962). “The Ultimate Foundation of Economic Science: An Essay on Method”

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• Maybe the purchasing and the making and the wrapping and the decorating - those delightfully generous and important expressions of our love at Christmas - should be separated, if only slightly, from the more quiet, personal moments when we consider the meaning of the Baby (and his birth) who prompts the giving of such gifts.

  Jeffrey R. Holland

  Christmas, Baby, Expression

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• Straw purchasing is illegal.

  Jason Chaffetz

  Illegal, Straws

  "Reps. Chaffetz & Quigley on 'Fast and Furious'". www.realclearpolitics.com. June 27, 2012.

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• Instability mostly comes from the interface between the fact that the banks (or shadow banks) can create credit, money, and purchasing power in infinite quantities if we don't constrain them, and the fact that credit is primarily created to fund the purchase of urban real estate and land, which is somewhat fixed in supply.

  Adair Turner, Baron Turner of Ecchinswell

  Real, Land, Shadow

  Source: www.huffingtonpost.com

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• Do not let yourselves be discouraged or embittered by the smallness of the success you are likely to achieve in trying to make life better. You certainly would not be able, in a single generation, to create an earthly paradise. Who could expect that? But, if you make life ever so little better, you will have done splendidly, and your lives will have been worthwhile.
  Property may be destroyed and money may lose its purchasing power; but, character, health, knowledge and good judgement will always be in demand under all conditions.

  Roger Babson

  Character, Judgement, Trying

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• I am pro-life. I am also supportive of health savings accounts, which ensure that women have the freedom to control their own health-care decisions, among numerous other reforms - like purchasing across state lines - to give Americans more control over their own health care.

  Donald Trump

  Giving, Pro Life, Decision

  "Hillary Clinton and Donald Trump Discuss Student Debt, Immigration, and More". Interview with Judith Ohikuare, www.cosmopolitan.com. October 11, 2016.

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• The gold standard makes the money's purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence.

  Ludwig von Mises

  Party, Independent, Ambition

  Ludwig von Mises (2016). “Human Action”, p.585, Lulu Press, Inc

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• No economy can continue to function when the vast middle class and everybody else don't have enough purchasing power to buy what the economy is capable of producing without going deeper and deeper into debt.

  Robert Reich

  Class, Debt, Enough

  "Why Robert Reich cares so passionately about economic inequality". "PBS NewsHour" with Judy Woodruff, www.pbs.org. October 15, 2013.

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• To defend Western Europe we have to let the Pentagon buy all these tanks and guns and things, and the Pentagon is unable to buy any object that that costs less than a condominium in Vail. If the Pentagon needs, say, fruit, it will argue that it must have fruit that can withstand the rigors of combat conditions, and it will wind up purchasing the FX-700 Seedless Tactical Grape, which will cost $160,000 per bunch, and will have an 83 percent failure rate.

  Dave Barry

  Gun, Europe, Wind

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• The theory which follows is entirely based on a calculus of pleasure and pain; and the object of economics is to maximize happiness by purchasing pleasure, as it were, at the lowest cost of pain.

  William Stanley Jevons

  Pain, Cost, Economics

  William Stanley Jevons (1970). “The Theory of Political Economy”, Penguin (Non-Classics)

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• On occassion, slaves in Spanish New Orleans owned slaves, whose labor they could appropriate toward purchasing their own freedom, or whose ownership they could trade as a partial payment on their own freedom.

  Ned Sublette

  New Orleans, Slave, Ownership

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