Quotes & Sayings About Depreciation
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Top Depreciation Quotes

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

Malls in the late forties and early fifties were risky. Suburban customers still believed in making major purchases in the central business districts of cities and towns, where they expected to find the greatest selection of merchandise and the most competitive prices. After the tax laws of 1954, this changed. Shopping mall developers were among the biggest beneficiaries of accelerated depreciation, and they most often located projects where the older strips met the new interchanges of major projects. With the new tax write-offs, over 98 percent of malls made money for their investors. — Dolores Hayden

In the 1954 Internal Revenue Code, a Republican Congress changed forty-year, straight-line depreciation for buildings to permit 'accelerated depreciation' of greenfield income-producing property in seven years. By enabling owners to depreciate or write off the value of a building in such a short time, the law created a gigantic hidden subsidy for the developers of cheap new commercial buildings located on strips. Accelerated depreciation not only encouraged poor construction, it also discouraged maintenance ... After time, the result was abandonment. — Dolores Hayden

A connection could be drawn between the secular ascent of biblical values in today's world and the depreciation of beauty that characterizes it on so many levels. Beauty today is often depreciated as monotonous or denounced as a constraining norm, when it is simply reduced to a pure spectacle accompanied by a rehabilitation or even exaltation of deformity and ugliness, as can be seen in many areas. The degeneration of beauty and the promotion of ugliness, tied to the flowering of intellectualism, could be certainly be part of the Umwertung stigmatized by Nietzsche. — Alain De Benoist

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

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

Food manufacturing is an ideal candidate for targeted accelerated depreciation because the food industry, our biggest industry, creates significant flow-on benefits. — Anthony Pratt

After the maxi yuan depreciation of 1994 and until 2005, exchange-rate fixity was the order of the day, with little movement in the CNY/USD rate. — Steve Hanke

Restrictionistic ideas have never met with any measure of popular sympathy except after a time of monetary depreciation when it has been necessary to decide what should take the place of the abandoned inflationary policy. — Ludwig Von Mises

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

But it must be observed that as the depreciation of money proceeds, the demand for money (i.e. for the kind of money in question) gradually begins to fall. When loss of wealth is suffered in proportion to the length of time money is kept on hand, endeavours are made to reduce cash holdings as much as possible. N ow if every individual, even if his circumstances are otherwise unchanged, no longer wishes to maintain his cash holding at the same level as before the beginning of the inflation, the demand for money in the whole community, which can only be the sum of the individuals' demands, decreases too. There is also the additional fact that as commerce gradually-begins to use foreign money and actual gold in place of notes, individuals begin to hold part of their reserves in foreign money and in gold and no longer in notes. — Ludwig Von Mises

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

With industrialization has come a general depreciation of work. As the price of work has gone up, the value of it has gone down, until it is so depressed that people simply do not want to do it anymore. We can say without exaggeration that the present national ambition of the United States is unemployment. People live for quitting time, for weekends, for vacations, and for retirement; moreover, this ambition seems to be classless, as true in the executive suites as on the assembly lines. One works not because the work is necessary, valuable, useful to a desirable end, or because one loves to do it, but only to be able to quit- a condition that a saner time would regard as infernal, a condemnation. This is explained, of course, by the dullness of the work, by the loss of responsibility for, or credit for, or knowledge of the thing made. What can be the status of the working small farmer in a nation whose motto is a sigh of relief: Thank God it's Friday? — Wendell Berry

I've heard time and again from small business owners in Ohio that extending bonus depreciation is the single biggest factor in allowing their businesses to grow. Allowing companies to use these tools for capital reinvestment is a common-sense way to encourage job creation. — Pat Tiberi

The more you try, so desperately, to prove a point to get someone's approval, the more fleeting that approval might be, causing a chain of depreciation of self-esteem. Sometimes, all you need do is truly love yourself and get only the approval and acceptance of the inner self. — Ufuoma Apoki

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

The supplementary quantity of gold that streams from it into commerce goes at first to the owners of the mine and then by turns to those who have dealings with them. If we schematically divide the whole community into four groups, the mine-owners, the producers of luxury goods, the remaining producers, and the agriculturalists, the first two groups will be able to enjoy the benefits resulting from the reduction in the value of money, the former of them to a greater extent than the latter. But even as soon as we' reach the third group, the situation is altered. The profit obtained by this group as a result of the increased demands of the first two will already be offset to some. extent by the rise in the prices of luxury goods which will have experienced the full effect of the depreciation by the time it begins to affect other goods. Finally, for the fourth group, the whole process will result in nothing but loss. — Ludwig Von Mises

And here, right at the start, one encounters a new difficulty. For the task of reestablishing the notion of God's authority is obstructed not only by the depreciation of authority itself, but also by a false, pre-established picture of God- found even within the church.
Certainly, the church has preserved the concept of a loving God, a merciful God, a compassionate God. But have Christians generally themselves any vivid sense of God's power and dominion? Do we, when we worship God, or when we reflect on His nature, catch a clear echo of His resounding and indomitable majesty? ... It cannot be denied that this is the God we are supposed to worship- not just a companionable God who is to be sidled up to and nestled against, but and awesome God before whom the worshipper prostrates himself, a wrathful God whose raised right arm can shake the universe. — Harry Blamires

It is not easy to determine whether there are any who still adhere in good faith to the doctrine that traces back the depreciation of money to the activity of speculators. The doctrine is an indispensable instrument of the lowest form of demagogy; it is the resource of governments in search of a scapegoat. There are scarcely any independent writers nowadays who defend it; those who support it are paid to do so. — Ludwig Von Mises

lower tacit-knowledge depreciation when we have less work-in-progress, resulting in higher quality. — David J. Anderson

Our consumer culture is organized against history. There is a depreciation of memory and a ridicule of hope, which means everything must be held in the now, either an urgent now or an eternal now. — Walter Brueggemann

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

Among men who rise to fame and leadership two types are recognizable-those who are born with a belief in themselves and those in whom it is a slow growth dependent on actual achievement. To men of the last type their own success is a constant surprise, and its fruits the more delicious, yet to be tested cautiously with a haunting sense of doubt whether it is not all a dream. In that doubt lies true modesty, not the sham of insincere self-depreciation but the modesty of "moderation," in the Greek sense. It — B.H. Liddell Hart

I would give relief from the first $10,000 of the payroll tax. I would allow small businesses to accelerate depreciation so they would have an incentive to buy now rather than defer. I would also give to the states $40 billion of relief. — Bob Graham

When the value of money is increased, then those are enriched who at the time possess credit money or claims to credit money. Their enrichment must be paid for by debtors, among them the State (i.e., the tax-payers). Yet those who are enriched by the increase in the value of money are not the same as those who were injured by the depreciation of money in the course of the inflation; and those who must bear the cost of the policy of raising the value of money are not the same as those who benefited by its depreciation. To carry out a deflationary policy is not to do away with the consequences of inflation. You cannot make good an old breach of the law by committing a new one. — Ludwig Von Mises

When jurists and business men assert that the depreciation of money has a very great influence on all kinds of debt relations, that it makes all kinds of business more difficult, or even impossible, that it invariably leads to consequences that nobody desires and that everybody feels to be unjust, we naturally agree with them. In a social order that is entirely founded on the use of money and in which all accounting is done in terms of money, the destruction of the monetary system means nothing less than the destruction of the basis of all exchange. Nevertheless, this evil cannot be counteracted by ad hoc laws designed to remove the burden of the depreciation from single persons, or groups of persons, or classes of the community, — Ludwig Von Mises

Where the currency depreciation is a result of government inflation carried out by the issue of notes, it is possible to avert its disastrous effect on economic calculation by conducting all bookkeeping in a stable money instead. But so far as the depreciation is a depreciation of gold, the world money, there is no such easy way out. — Ludwig Von Mises

But, at the same time, I think that there is room for economic stimulus in terms of accelerated depreciation to encourage businesses to invest and to grow and ultimately to hire more people again. — John Breaux

I am Orafoura, but you can call me Jarod Kintz. I'm fairly proud to proclaim that Dora J. Arod has me on her short list of "World's worst writers." The list couldn't get any shorter, because I'm the only name on it. I should tell her to stop calling it a list, and change the title to "World's worst writer." If you're wondering why I rate all my work one star, it's because the rating system doesn't have a zero star option, or better yet, go into negative numbers. — Orafoura

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

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

Love has two affirmations. First of all, when the lover encounters the other, there is an immediate affirmation (psychologically: dazzlement, enthusiasm, exaltation, mad projection of a fulfilled future: I am devoured by desire, the impulse to be happy): I say yes to everything (blinding myself). There follows a long tunnel: my first yes is riddled by doubts, love's value is ceaselessly threatened by depreciation: this is the moment of melancholy passion, the rising of resentment and oblation. Yet I can emerge from this tunnel; I can 'surmount,' without liquidating; what I have affirmed a first time, I can once again affirm, without repeating it, for then what I affirm is the affirmation, not its contingency. I affirm the first encounter in its difference, I desire its return, not its repetition. I say to the other (old or new): Let us begin again. — Roland Barthes

The depreciation of the rouble keeps me awake at night, Dmitri Fyodorovitch; people don't know that side of me — Fyodor Dostoyevsky

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

Debt on anything that depreciates is disastrous. #financialfitness — Orrin Woodward

What is thus improperly regarded as profit, instead of as part of capital, is consumed by the entrepreneur or passed on either to the consumer in the form of price-reductions that would not otherwise have been made or to the labourer in the form of higher wages, and the government proceeds to tax it as income or profits. In any case, consumption of capital results from the fact that monetary depreciation falsifies capital accounting. — Ludwig Von Mises

An attempt is sometimes made to demonstrate the desirability of measures directed against speculation by reference to the fact that there are times when there is nobody in opposition to the bears in the foreign-exchange market so that they alone are able to determine the rate of exchange. That, of course, is not correct. Yet it must be noticed that speculation has a peculiar effect in the case of a currency whose progressive depreciation is to be expected while it is impossible to foresee when the depreciation will stop, if at all. While, in general, speculation reduces the gap between the highest and lowest prices without altering the average price-level, here, where the movement will presumably continue in the same direction, this naturally can not be the case. The effect of speculation here is to permit the fluctuation, which would otherwise proceed more uniformly, to proceed by fits and starts with the interposition of pauses. — Ludwig Von Mises

Friends persuaded me to run for the office, and I won. I had been warned, before taking office, that state politics lacks the glamour of its Washington counterpart; one labors largely in obscurity, mostly on topics that mean a great deal to some but that the average man or woman on the street can safely ignore (the regulation of mobile homes, say, or the tax consequences of farm equipment depreciation). Nonetheless, I found the work — Barack Obama

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

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

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

The depreciation of historical fact is deeply, and probably functionally, ingrained in the ideology of the scientific profession, the same profession that places the highest of all values upon factual details of other sorts. — Thomas S. Kuhn

Let us now leave the example of the isolated State and turn our attention to the international movements that arise from a fall in the value of money due to an increase in its amount. Here, again, the process is the same. There is no increase in the available stock of goods; only its distribution is altered. The country in which the new mines are situated and the countries that deal directly with it have their position bettered by the fact that they are still able to buy commodities from other countries at the old lower prices at a time when depreciation at home has already occurred. Those countries that are the last to be reached by the new stream of money are those which must ultimately bear the cost of the increased welfare of the other countries. — Ludwig Von Mises

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

Accelerated depreciation helps companies bring forward capital-intensive investments by reducing payback time. It's not a hand out. Companies still have to pay the tax, but they simply get to defer it. — Anthony Pratt

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

One variety of the balance-of-payments theory attempts to distinguish between the importation of necessaries and the importation of articles that can be dispensed with. Necessaries, it is said, have to be bought whatever their price is, simply because they cannot be done without. Consequently there must be a continual depreciation in the currency of a country that is obliged to import necessaries from abroad and itself is able to export only relatively dispensable articles. To argue thus is to forget that the greater or less necessity or dispensability of individual goods is fully expressed in the intensity and extent of the demand for them in themarket,and thus in the amount of money which is paid for them. However strong the desire of the Austrians for foreign bread, meat, coal, or sugar, may be, they can only get these things if they are able to pay for them. — Ludwig Von Mises

Depreciation of money can benefit debtors only when it is unforeseen. If inflationary measures and a reduction of the value of money are expected, then those who lend money will demand higher interest in order to compensate their probable loss of capital, and those who seek loans will be prepared to pay the higher interest because they have a prospect of gaining on capital account. — Ludwig Von Mises

The present generation of Christians has suffered what I call the lost concept of majesty. This has come about by a slow decline, manifesting itself in our depreciation of ourselves. Those who hold a low value of man have a corresponding low value of God. After all, God created man in His own image. When we cease to understand the majestic nature of man, we cease to appreciate the majesty of God. How — A.W. Tozer

Bonds, as we saw in Chapter 2, are no more than promises by governments to pay interest and ultimately repay principal over a specified period of time. Either through default or through currency depreciation, many governments have failed to honour those promises. — Niall Ferguson

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

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

To be unable to bear disapproval was an unworthy weakness. But in her case it came nowise of the pride which blame stirs to resentment, but altogether of the self-depreciation which disapproval rouses to yet greater dispiriting. Praise was to her a precious thing, in part because it made her feel as if she could go on; blame, a misery, in part because it made her feel as if all was of no use, she never could do anything right. She had not yet learned that the right is the right, come of praise or blame what may. The right will produce more right and be its own reward--in the end a reward altogether infinite, for God will meet it with what is deeper than all right, namely, perfect love. — George MacDonald

Other inflationists realize very well that an increase in the quantity of money reduces the purchasing power of the monetary unit. But they endeavour to secure inflation none-the-less, because of its effect on the value of money; they want depreciation, because they want to favour debtors at the expense of creditors and because they want to encourage exportation and make importation difficult. — Ludwig Von Mises

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

bear in mind when trying to compare housing with other forms of capital asset. The first is depreciation. Stocks do not wear out and require new roofs; houses do. The second is liquidity. As assets, houses are a great deal more expensive to convert into cash than stocks. The third is volatility. — Niall Ferguson

It is the beginning of the 'demonetization' of the notes. The process is hastened by its panic-like character. It may be possible once, twice, perhaps even three or four times, to allay the fears of the public; but eventually the affair must run its course and then there is no longer any going back. Once the depreciation is proceeding so rapidly that sellers have to reckon with considerable losses even if they buy again as quickly as is possible, then the position of the currency is hopeless. — Ludwig Von Mises

It's easy: if you want to grow the economy, encourage job creation, and increase federal revenue, you support making bonus depreciation permanent. Permanency gives job creators the certainty they need to plan and invest in their businesses, including hiring employees. — Pat Tiberi

The total average cost of driving, including depreciation, maintenance, and insurance, runs about 61 cents a mile, and since the average automobile used for commuting to work contains only 1.1 people, every commute costs a little more than 55 cents per passenger mile. This means that, if you're an automobile commuter traveling twenty-five miles each way to work, you're spending around $30 a day for the privilege, not including the cost, if there is one, to park. You're also spending an hour every day for which, unless you're a cabbie or bus driver yourself, you're not getting paid, and during which you're not doing anything productive at all. For the average American, that's another $24. In transportation, time really is money. — Samuel I. Schwartz