Money Quotes
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"The gambling known as business looks with austere disfavor upon the business known as gambling."
Quote by -Ambrose Bierce
"If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability."
Quote by -Henry Ford
"The object of living is work, experience, and happiness. There is joy in work. All that money can do is buy us someone else's work in exchange for our own. There is no happiness except in the realization that we have accomplished something."
Quote by -Henry Ford
"The highest use of capital is not to make more money, but to make money do more for the betterment of life."
Quote by -Henry Ford
"A business absolutely devoted to service will have only one worry about profits. They will be embarrassingly large."
Quote by -Henry Ford
"Speculation is only a word covering the making of money out of the manipulation of prices, instead of supplying goods and services."
Quote by -Henry Ford
"Competition is the keen cutting edge of business, always shaving away at costs."
Quote by -Henry Ford
"It is not the employer who pays the wages. Employers only handle the money. It is the customer who pays the wages."
Quote by -Henry Ford
"Time and money spent in helping men to do more for themselves is far better than mere giving."
Quote by -Henry Ford
"There is one rule for industrialists and that is: make the best quality of goods possible at the lowest cost possible, paying the highest wages possible."
Quote by -Henry Ford
"If money is your hope for independence you will never have it. The only real security that a man will have in this world is a reserve of knowledge, experience, and ability."
Quote by -Henry Ford
"Business is never so healthy as when, like a chicken, it must do a certain amount of scratching around for what it gets."
Quote by -Henry Ford
"There is one rule for the industrialist and that is: Make the best quality of goods possible at the lowest cost possible, paying the highest wages possible."
Quote by -Henry Ford
"Competition is the keen cutting edge of business, always shaving away at costs"
Quote by -Henry Ford
"There are two fools in this world. One is the millionaire who thinks that by hoarding money he can somehow accumulate real power, and the other is the penniless reformer who thinks that if only he can take the money from one class and give it to another, all the world's ills will be cured."
Quote by -Henry Ford
"Many people think that by hoarding money they are gaining safety for themselves. if money is your ONLY hope for independence, you will never have it. The only real security that a person can have in this world is a reserve of knowledge, experience, and ability. Without these qualities, money is practically useless."
Quote by -Henry Ford
"Without a doubt, any opportunity I have to build that up in New York, I'd do it. I told people all the time, always say, 'If it takes me taking a pay cut, I'll be the first one on James Dolan's steps saying take my money and let's build something strong over here.'"
Quote by -Carmelo Anthony
"At this point in my career I'm not concerned about the money, it's about winning. Nothing else even matters."
Quote by -Carmelo Anthony
"Theatre outings are my favourite thing to spend money on. The most influential play I saw was 'Bent,' which starred Ian McKellen. And I loved the original performance of 'The Rocky Horror Show,' with Richard O'Brien and Tim Curry at the Royal Court, when I was about 15."
Quote by -Dawn French
"To me, money is a commodity that a person must have to function, not a goal in itself."
Quote by -Buzz Aldrin
“In regards to the price of commodities, the rise of wages operates as simple interest does, the rise of profit operates like compound interest. Our merchants and masters complain much of the bad effects of high wages in raising the price and lessening the sale of goods. They say nothing concerning the bad effects of high profits. They are silent with regard to the pernicious effects of their own gains. They complain only of those of other people.” ― Adam Smith, An Inquiry into the Nature and Causes of the Wealth of Nations
Quote by -Adam Smith
“It is not very unreasonable that the rich should contribute to the public expense, not only in proportion to their revenue, but something more than in that proportion.”
Quote by -Adam Smith
“People of the same trade seldom meet together, even for merriment and diversion, but the conversation ends in a conspiracy against the public, or in some contrivance to raise prices.”
Quote by -Adam Smith
“Wherever there is great property there is great inequality. For one very rich man there must be at least five hundred poor, and the affluence of the few supposes the indigence of the many. The affluence of the rich excites the indignation of the poor, who are often both driven by want, and prompted by envy, to invade his possessions.”
Quote by -Adam Smith
“Man is an animal that makes bargains: no other animal does this - no dog exchanges bones with another.”
Quote by -Adam Smith
“How many people ruin themselves by laying out money on trinkets of frivolous utility? What pleases these lovers of toys is not so much the utility, as the aptness of the machines which are fitted to promote it. All their pockets are stuffed with little conveniences. They contrive new pockets, unknown in the clothes of other people, in order to carry a greater number. They walk about loaded with a multitude of baubles, in weight and sometimes in value not inferior to an ordinary Jew's-box, some of which may sometimes be of some little use, but all of which might at all times be very well spared, and of which the whole utility is certainly not worth the fatigue of bearing the burden.”
Quote by -Adam Smith
“The subjects of every state ought to contribute towards the support of the government, as nearly as possible, in proportion to their respective abilities.”
Quote by -Adam Smith
“Civil government, so far as it is instituted for the security of property, is in reality instituted for the defence of the rich against the poor, or of those who have some property against those who have none at all.”
Quote by -Adam Smith
“As soon as the land of any country has all become private property, the landlords, like all other men, love to reap where they never sowed, and demand a rent even for its natural produce. The wood of the forest, the grass of the field, and all the natural fruits of the earth, which, when land was in common, cost the labourer only the trouble of gathering them, come, even to him, to have an additional price fixed upon them. He must then pay for the licence to gather them, and must give up to the landlord a portion of what his labour either collects or produces. This portion, or, what comes to the same thing, the price of this portion, constitutes the rent of land, and in the price of the greater part of commodities, makes a third”
Quote by -Adam Smith
“A man must always live by his work, and his wages must at least be sufficient to maintain him. They must even upon most occasions be somewhat more; otherwise it would be impossible for him to bring up a family, and the race of such workmen could not last beyond the first generation.”
Quote by -Adam Smith
“A nation is not made welthy by the childish accumulation of shiny metals, but it enriched by the economic prosperity of it's people.”
Quote by -Adam Smith
“A great stock, though with small profits, generally increases faster than a small stock with great profits. Money, says the proverb, makes money. When you have a little, it is often easier to get more. The great difficulty is to get that little.”
Quote by -Adam Smith
“According, therefore, as this produce, or what is purchased with it, bears a greater or smaller proportion to the number of those who are to consume it, the nation will be better or worse supplied with all the necessaries and conveniencies for which it has occasion.”
Quote by -Adam Smith
“Labour alone, therefore, never varying in its own value, is alone the ultimate and real standard by which the value of all commodities can at all times and places be estimated and compared. It is their real price; money is their nominal price only.”
Quote by -Adam Smith
“It was not by gold or by silver, but by labour, that all the wealth of the world was originally purchased;”
Quote by -Adam Smith
“The stock that is laid out in a house, if it is to be the dwelling-house of the proprietor, ceases from that moment to serve in the function of a capital, or to afford any revenue to its owner. A dwelling-house, as such, contributes nothing to the revenue of its inhabitant; and though it is, no doubt, extremely useful to him, it is as his clothes and household furniture are useful to him, which, however, make a part of his expense, and not of his revenue.”
Quote by -Adam Smith
“The difference between the genius of the British constitution, which protects and governs North America, and that of the mercantile company which oppresses and domineers in the East Indies, cannot, perhaps, be better illustrated than by the different state of those countries.”
Quote by -Freddie Mercury
“The revenues of the ancient Saxon kings of England are said to have been paid, not in money, but in kind, that is, in victuals and provisions of all sorts. William the Conqueror introduced the custom of paying them in money. This money, however, was for a long time, received at the exchequer, by weight, and not by tale. The inconveniency and difficulty of weighing those metals with exactness, gave occasion to the institution of coins, of which the stamp, covering entirely both sides of the piece, and sometimes the edges too, was supposed to ascertain not only the fineness, but the weight of the metal. Such coins, therefore, were received by tale, as at present, without the trouble of weighing.”
Quote by -Adam Smith
“Profit is so very fluctuating that the person who carries on a particular trade cannot always tell you himself what is the average of his annual profit. It is affected not only by every variation of price in the commodities which he deals in, but by the good or bad fortune both of his rivals and of his customers, and by a thousand other accidents to which goods when carried either by sea or by land, or even when stored in a warehouse, are liable. It varies, therefore, not only from year to year, but from day to day, and almost from hour to hour. To ascertain what is the average profit of all the different trades carried on in a great kingdom must be much more difficult; and to judge of what it may have been formerly, or in remote periods of time, with any degree of precision, must be altogether impossible. But though it may be impossible to determine, with any degree of precision, what are or were the average profits of stock, either in the present or in ancient times, some notion may be formed of them from the interest of money. It may be laid down as a maxim, that wherever a great deal can be made by the use of money, a great deal will commonly be given for the use of it; and that wherever little can be made by it, less will commonly be given for it. According, therefore, as the usual market rate of interest varies in any country, we may be assured that the ordinary profits of stock must vary with it, must sink as it sinks, and rise as it rises. The progress of interest, therefore, may lead us to form some notion of the progress of profit.”
Quote by -Adam Smith
“It is not for its own sake that men desire money, but for the sake of what they can purchase with it.”
Quote by -Adam Smith
“Civil government, so far as it is instituted for the security of property, is in reality instituted for the defense of the rich against the poor, or of those who have some property against those who have none at all”
Quote by -Adam Smith
“labour, like commodities, may be said to have a real and a nominal price. Its real price may be said to consist in the quantity of the necessaries and conveniencies of life which are given for it; its nominal price, in the quantity of money. The labourer is rich or poor, is well or ill rewarded, in proportion to the real, not to the nominal price of his labour.”
Quote by -Adam Smith