Effect Of Money Quotes & Sayings

...literacy is as vital as food, security, limiting population growth, and control of the environment.

Education, after all, is the one issue that affects every other one. I think of it in the same way as dropping a pebble into a pond and getting a ripple effect. Educated people make more money and are more likely to escape poverty. Educated parents raise healthier children.

...The list goes on, just as ripples in a body of water emanate outward. — John Wood

A growing body of work in social psychology offers a possible explanation for this commercialization effect. These studies highlight the difference between intrinsic motivations (such as moral conviction or interest in the task at hand) and external ones (such as money or other tangible rewards). When people are engaged in an activity they consider intrinsically worthwhile, offering them money may weaken their motivation by depreciating or "crowding out" their intrinsic interest or commitment. — Michael J. Sandel

odd American idea that giving money to political campaigns is free speech means that the very rich have far more speech, and so in effect far more voting power, than other citizens. We believe that we have checks and balances, but have rarely faced a situation like the present: when the less popular of the two parties controls every lever of power at the federal level, as well as the majority of statehouses. — Timothy Snyder

As Prime Minister between 1979 and 1990 I had the opportunity to put these convictions into effect in economic policy -
We intended policy in the 1980s to be directed towards fundamentally different goals from those of most of the post-war ear. We believed that since jobs (in a free society) did not depend on government but upon satisfying customers, there was no point in setting targets for 'full' employment. Instead, government should create the right framework of sound money, low taxes, light regulation and flexible markets (including labour markets) to allow prosperity and employment to grow. — Margaret Thatcher

Don't do something just for the money. Money is a side effect of persistence. You persist in things you are interested in. Explore your interests. Then persist. Then enjoy all the side effects. — James Altucher

The explosion was good. It sent a message to the rest of the world that the time of the big star getting all this money is over. And it is! I would like to think that what I did, or what we did, has had a salutary effect on the rest of the industry. — Sumner Redstone

If a state should pass laws forbidding its citizens to become wise and holy, it would be made a byword for all time. But this, in effect, is what our commercial, social, and political systems do. They compel the sacrifice of mental and moral power to money and dissipation. — John Lancaster Spalding

As far as Obama is concerned, the only religion to be "reformed" - which is to say destroyed - is the faith that shaped the West, not the religion of the West's historic adversary. Obama has in effect declared to Christians in America: either bring your understanding of Christianity into line with my liberalism or don't bother entering the public square. You want federal money? Well then, perform abortions, distribute condoms, and hire homosexual activists. He would never dare talk to Muslims in those terms. He gives back ancestral swords to freed Muslims from Guantanamo Bay and hands abortionists' forceps to Christian doctors. — Phyllis Schlafly

The size of a man's income has considerable effect on his access to the world beyond his neighborhood. With money he can overcome almost every tangible obstacle of communication, he can travel, buy books and periodicals, and bring within the range of his attention almost any known fact of the world. — Walter Lippmann

A rise in wages, from an alteration in the value of money, produces a general effect on price, and for that reason it produces no real effect whatever on profits. — David Ricardo

The truth, in plain terms, is this: That men consume cloth and corn by fire or by using them, and that the effect is the same as regards money, but not as regards wealth, for it is precisely in the use of commodities that wealth or material prosperity consists. — Frederic Bastiat

When you look at the government, when the government collects a buck, it's not free. They have to spend resources, the IRS, audits, all this sort of crap, to collect the dollar. I'm not assuming any Laffer curve effect here at all. There are just transactions costs of collecting that money. — Arthur Laffer

Suppose that we believe that in 200 years, people would be prepared to pay a million dollars (that's in today's dollars, not inflated ones) to be able to have an unspoilt valley. Now imagine that today we can profit by cutting down the forest in the valley, which will never regrow. If we apply an annual discount rate of 5 percent, compounded exponentially, how big would that profit have to be to justify the loss of a million dollars in 2210? The answer, surprisingly, is just sixty dollars! That's all that a million dollars in 200 years is worth, at that rate of discount. Obviously, then, if we use a 5 percent discount rate, values gained one thousand years in the future scarcely count at all. This is not because of any uncertainty about whether there will be human beings or other sentient creatures inhabiting this planet at that time, but merely because of the compounding effect of the rate of return on money invested now. — Peter Singer

Too many startups get in the habit of continually raising more and more money, which has the deleterious effect of both pushing out profitability and limiting your exit options. The less rounds of capital you need to raise, the more of your company you get to own. — Jay Samit

You see the profound effect literature can have on life? Who says it's all a waste of time? If only I could produce one book that left someone with that kind of ferocious grievance. If you have read one of my books, you probably feel cheated out of however much money it might have cost you, and you'll certainly begrudge the time you wasted on it. But even at my most bullish and self-aggrandizing, I can't quite make myself believe that I've actually wrecked someone's life. Any documentary evidence to the contrary will be gratefully received. — Nick Hornby

HBO spent a huge amount of money on 'Game Of Thrones,' and it won't be able to keep spending the money if it can't make it back from people watching it legitimately. It will have an effect on the quality of the programme. — Joe Dempsie

Then Alan looked thoughtful and seemed reluctant to speak, perhaps because he had just written the sequel to the Star Wars novelization that Lucas had sold to Ballantine Books, but in his reserved and gentlemanly fashion he told the audience of a day when he had seen a rough cut of the film and had remarked on just this scientific illiteracy to Lucas. He had even suggested a workable alternative ... no, two workable alternatives ... and Lucas had said words to the effect of (approximate quote), "There's a lot of money tied up in this film and people expect to hear a boom when something blows up, so I'll give them the boom." And at that moment, the cynicism showed through. — Harlan Ellison

In the meantime, powerful industries and business investors spend considerable sums of money in secretive lobbying; persuading, cajoling and needling politicians to pursue policies that are, in effect, corporate welfare programmes. Corporations and banks receive huge public subsidies and bailouts, while the rest of us are largely left to the cold biting winds of 'market' economics. It's socialism for the rich, and capitalism for the rest of us. — David Cromwell

You need rich people in your society not so much because in spending their money they create jobs, but because of what they have to do to get rich. I'm not talking about the trickle-down effect here. I'm not saying that if you let Henry Ford get rich, he'll hire you as a waiter at his next party. I'm saying that he'll make you a tractor to replace your horse. — Paul Graham

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

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

One of the evils of paper money is that it turns the whole country into stock jobbers. The precariousness of its value and the uncertainty of its fate continually operate, night and day, to produce this destructive effect. Having no real value in itself it depends for support upon accident, caprice, and party; and as it is the interest of some to depreciate and of others to raise its value, there is a continual invention going on that destroys the morals of the country. — Thomas Paine

I don't think people have fully processed how deeply television has changed the political process in our own world. Political parties have become vestiges of what they were and individuals with large amounts of money can leapfrog over that process, which can have a positive mediating effect. And so I think there are things to worry about. — Alexander Stille

Just try the effect of putting beauty into your life, a little every day. You will find it magical. It will broaden and light up your outlook upon the world as the acquisition of money or fame never can. — Orison Swett Marden

But here again it must be observed that this is a matter of a variation brought about through dynamic agencies. The static state, for which the contention attributed to the adherents of the mechanical version of the Quantity Theory would be valid, is disturbed by the fact that the exchange-ratios between individual commodities are necessarily modified. Under certain conditions, the technique of the market may have the effect of extending this modification to the exchange-ratio between money and other economic goods also. — Ludwig Von Mises

When we think of the state of the economy, we are not thinking in terms of money flow. We are thinking in terms of the effect on everyday lives of people. — Aung San Suu Kyi

The more important point, however, is not about what the money does. It's about what has to be done to get the money. The effect of the money might be (democratically) benign. But what is done to secure that money is not necessarily benign. To miss this point is to betray the Robin Hood fallacy: the fact that the loot was distributed justly doesn't excuse the means taken to secure it. — Lawrence Lessig

In the North, neither greenbacks, taxes, nor war bonds were enough to finance the war. So a national banking system was created to convert government bonds into fiat money, and the people lost over half of their monetary assets to the hidden tax of inflation. In the South, printing presses accomplished the same effect, and the monetary loss was total. — G. Edward Griffin

We could have saved Wall Street without putting our future in jeopardy. I predicted that there would be all-around consequences - in the long run as well as in the short run. People are now saying we can't afford health care reform because we spent all the money on the banks. So, in effect, we're saying that it's better that we give rich bankers a couple of trillion than giving ordinary Americans access to health care. — Joseph Stiglitz

Follow the money, Washington reporters like to say. The money is this case comes from taxpayers, present and future, who are the source of every penny of dues paid to public employee unions, who in turn spend much of that money on politics, almost all of it for Democrats. In effect, public employee unions are a mechanism by which every taxpayer is forced to fund the Democratic Party. — Michael Barone

It is a cruel thought, that, when we feel ourselves standing on the firmest ground in every respect, the cursed arts of our secret enemies, combining with other causes, should effect, by depreciating our money, what the open arms of a powerful enemy could not. — Thomas Jefferson

Researchers have compared brain scans of those people who are making money to those high on cocaine and found that them to be almost identical. Money has a biological and psychological effect on us. — Kabir Sehgal

Pride makes a god of self, covetousness makes a god of money, sensuality makes a god of the belly; whatever is esteemed or loved, feared or served, delighted in or depended on, more than God, that (whatever it is) we do in effect make a god of. — Matthew Henry

The older theories, which started from an erroneous conception of the social demand for money, could never arrive at a solution of this problem. Their sole contribution is limited to paraphrases of the proposition that an increase in the stock of money at the disposal of the community while the demand for it rClnains the same decreases the objective exchange-value of money, and that an increase of the demand with a constant available stock has the contrary effect, and so on. By a flash of genius, the formulators of the Quantity Theory had already recognized this. We cannot by any means call it an advance when the formula giving the amount of the demand for money (Volume of Transactions + Velocity of Circulation) was reduced to its elements. — Ludwig Von Mises

I never thought that the possession of money would make me feel rich: it often does seem to have an opposite effect. But then, I have never had the opportunity of knowing, by experience, how it does make one feel. It is something to have been spared the responsibility of taking charge of the Lord's silver and gold. — Lucy Larcom

It reminded me of a study I had read about Alzheimer's disease. The study said that the disease often enhanced and reinforced people's existing personality traits. If a person was quiet and gentle, with Alzheimer's they became even more docile. If a person was argumentative and negative the disease made them unbearable to be around. I couldn't help but wonder if sudden wealth had that same effect on a person. — Timothy Benson

The logic is that if you've got excess money and throw it away on booze and cigarettes, then that's your business. But if you're poor, then that's a sin and a shame. Because if you're poor, rich people assume you're on welfare, or you're getting food stamps or some other social services. Once you take a penny from the government, a morality clause goes into effect, where you're never allowed to have anything that you might actually enjoy. It's the hair shirt of welfare. — Linda Tirado

Appreciation is a better stimulant than money. Money boosts the ego while appreciation touches the soul. — Debasish Mridha

Category IV spending tends also to corrupt the people involved. All such programs put some people in a position to decide what is good for other people. The effect is to instill in the one group a feeling of almost God-like power; in the other, a feeling of childlike dependence. The capacity of the beneficiaries for independence, for making their own decisions, atrophies through disuse. In addition to the waste of money, in addition to the failure to achieve the intended objectives, the end result is to rot the moral fabric that holds a decent society together. — Milton Friedman

The corporations who invest in lobbyists, it pays in terms of tax loopholes, tax subsidies, all the rest. It pays. Clearly, the money has a big effect. — Mark Shields

...an external reward can affect one's interpretation of one's own motivation, and interpretation that comes to be self-fulfilling. A similar effect may account for the familiar fact that when someone turns his hobby into a business, he often loses pleasure in it. Likewise, an intellectual who pursues an academic career gets professionalized, and this may lead him to stop thinking. This line of reasoning suggests that the kind of appreciative attention where one remains focused on what one is doing can arise only in leisure activities. Such a conclusion would put pleasurable absorption beyond the ken of any activity that is undertaken for the sake of making money, because although money is undoubtedly good, it is not intrinsically so. — Matthew Crawford

McLarney laughs, then leaps into the parable of Snot Boogie, who joined the neighborhood crap game, waited for the pot to thicken, then grabbed the cash and bolted down the street only to be shot dead by one of the irate players.
"So we're interviewing the witnesses down at the office and they're saying how Snot Boogie would always join the crap game, then run away with the pot, and that they'd finally gotten sick of it ... "
Dave Brown drives in silence, barely tracking this historical digression.
"And I asked one of them, you know, I asked him why they even let Snot Boogie into the game if he always tried to run away with the money."
McLarney pauses for effect.
"And?" asks Brown.
"He just looked at me real bizarre," says McLarney. "And then he says, 'you gotta let him play ... This is America — David Simon

Utilities used deregulation to effect a series of mergers limiting competition. In order to accelerate profits, cost cutting ensued, involving the layoff of thousands of utility company employees, including some who were responsible for maintenance of generation, transmission, and distribution systems. A number of investor-owned utilities stopped investing in the maintenance and repair of their own equipment, and, instead, cut costs to enhance the value of their stock rather than spending money to enhance the value of their service. — Dennis Kucinich

The flat tax would be so simple, you could fill it out on a post card. A post card that would say, in effect, having a wonderful time; glad most of my money is here. — Steve Forbes

I first started playing in piano bars for three reasons - to make money, to be in the company of my friends - and also to hook up with young girls. I always knew, even before I played in piano bars, about the effect of my voice. — Andrea Bocelli

Money will always remain an effect and refuse to replace you as the cause. Money is the product of virtue, but it will not give you virtue and it will not redeem your vices. Money will not give you the unearned, neither in matter nor in spirit. Is this the root of your hatred of money? — Ayn Rand

Determinants of prices have their effect only through the medium of the subjective estimates of individuals; and the extent to which any given factor influences these subjective estimates can never be predicted. — Ludwig Von Mises

he invited Sylvia to dine with him somewhere where they were going to have something fabulous and very nasty at about two guineas the ounce on the menu. Something like that! And during dinner Sir John had entertained her by singing the praises of her husband. He said that Tietjens was much too great a gentleman to be wasted on the old-furniture trade: that was why he hadn't persisted. But he sent by Sylvia a message to the effect that if ever Tietjens did come to be in want of money . . . Occasionally Sylvia was worried — Ford Madox Ford

Being the dependents of the general government, and looking to its treasury as the source of all their emoluments, the state officers, under whatever names they might pass and by whatever forms their duties might be prescribed, would in effect be the mere stipendiaries and instruments of the central power. — Andrew Jackson

From a broader money view perspective, however, September 2008 was the moment when the Fed moved from lender of last resort to dealer of last resort, in effect taking the collapsing wholesale money market onto its own balance sheet. But in the heat of the moment, no one noticed. — Perry G. Mehrling

Remember, the essence of becoming wealthy is to produce more than you consume and save the difference. But it's
hard to maximize value working for somebody else. [...] There is cause and there is effect. You don't want to be the
effect of somebody else's cause. You want to be the cause for everything in your life. That implies working for
yourself."

On Getting And Keeping Money, The Casey Report, July 2011 — Douglas R. Casey

Happiness is in all of us and it comes from progress. The root cause of a multiplier effect or a destroyer effect lies inside of us. The multiplication of the happiness in us on a daily basis makes us unique and powerful and gives us the reason for our existence." --Bimal Shah. — Bimal Shah

The multiplier effect is a major feature of networks and flows. It arises regardless of the particular nature of the resource, be it goods, money, or messages. — John Henry Holland

the growing materialism of our societies. This materialism informs political discourse at every level, making wealth and its distribution the only issue that is discussed for long. As a result, people think of conservatism merely as a form of complacency towards the current system of material rewards, which has nothing whatever to say about the things that 'money can't buy', or about the effect of the consumer society on our deeper values. Yet — Roger Scruton

The word power typically signifies a capacity for action. The Oxford English Dictionary tells us power lies in an 'ability to do or effect something or anything, or to act upon a person or thing'. The person who has power may influence the material or social environment, generally on the basis of possessing high-tech weapons, money, oil, superior intelligence or large muscles. In war, I am powerful because I can blow up your city walls or drop bombs on your airfields. In the financial world, I am powerful because I can buy up your shares and invade your markets. In boxing, I am ,ore powerful because my punches outwit and exhaust yours. But in love, this issue appears to depend on a far more passive, negative definition; instead of looking at power as a capacity to do something, one may come to think of it as the capacity to do nothing. — Alain De Botton

One of the most curious aspects of human psychology is an omnipresent and persistent habit to seek information from the worst possible sources. When seeking relationship advice, humans speak to their single friends instead of happy couples who have been married for decades. When researching a religion, humans ask ex-members instead of faithful members. When seeking financial advice, humans ask scholars instead of successful entrepreneurs. When discussing complex sociopolitical matters, humans solicit the opinions of actors and models. Anteedan Psychologists have dubbed this curious phenomenon the "Oprah Effect," and had planned on determining the cause, however research ceased after a financial scandal involving the team lead stealing money from the grant and eloping with an exotic dancer named Cinnamon. -A Tourists Guide to Earth, 2nd edition, page 184, Valium Press — Aaron Lee Yeager

It will be the obvious result of this that the prices of the goods concerned will rise, and that the objective exchange-value of money will fall in comparison. But this rise of prices will by no means be restricted to the market for those goods that are desired by those who originally have the new money at their disposal. In addition, those who have brought these goods to market will have their incomes and their proportionate stocks of money increased and, in their tum, will be in a position to demand more intensively the goods they want, so that these goods will also rise in price. Thus the increase of prices continues, having a diminishing effect, until all commodities, some to a greater and some to a lesser extent, are reached by it. — 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

Mine was quite a working-class childhood with very little money, and my father was out of work a couple of times, which had quite a traumatic effect. — John Caudwell

Paper money has had the effect in your state that it will ever have, to ruin commerce, oppress the honest, and open the door to every species of fraud and injustice. — George Washington

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

Most officially "poor" Americans today have things that middle-class Americans of an earlier time could only dream about - including color TV, videocassette recorders, microwave ovens, and their own cars. Moreover, half of all poor households have air-conditioning.
Leftist redistribution of income could never accomplish that, because there are simply not enough rich people for their wealth to have such a dramatic effect on the living standards of the poor, even if it was all confiscated and redistributed. Moreover, many attempts at redistributing wealth in various countries around the world have ended up redistributing poverty.
After all, rich people can see the political handwriting on the wall, and can often take their money and leave the country, long before a government program can get started to confiscate it. They are also likely to take with them skills and entrepreneurial experience that are even harder to replace than the money. — Thomas Sowell

The public at large have learned to understand, and I am afraid a whole generation of economists have been teaching, that government has the power in the short run by increasing the quantity of money rapidly to relieve all kinds of economic evils, especially to reduce unemployment. Unfortunately this is true so far as the short run is concerned. The fact is, that such expansions of the quantity of money which seems to have a short run beneficial effect, become in the long run the cause of a much greater unemployment. But what politician can possibly care about long run effects if in the short run he buys support? — Friedrich Hayek

In life's journey, having the ability to predict the future gives us an unfair advantage. If we can understand the laws of cause and effect, anyone can predict the future. What we do today leads us to tomorrow's destination.
Why does this simple truth seem to be difficult for most people to understand? — Celso Cukierkorn

Social enables word of mouth at an unprecedented scale. Its most powerful effect, through reviews and recommendations, is to put product quality and value for money as the key to success in commerce. Social brings a level of transparency that prevents marketers from advertising their way to success without underlying product quality. — Roelof Botha

Global warming has become a new religion. We frequently hear about the number of scientists who support it. But the number is not important: only whether they are correct is important. We don't really know what the actual effect on the global temperature is. There are better ways to spend the money. — Ivar Giaever