Fungible Quotes & Sayings

Amazon is now the definitive source for data about whole sets of products - fungible consumer products. EBay is the authoritative source for the secondary market of those products. Google is the authority for information about facts, but they're relatively undifferentiated. — Tim O'Reilly

The notion of mental accounts is absent in traditional economic theory, which holds that wealth in general, and money in particular, should be fungible: That is, $100 in roulette winnings, $100 in salary, and a $100 tax refund should have the same significance and value to you, since each C-note could buy the same number of downloads from iTunes or the same number of burgers at McDonald's. Likewise, $100 kept under the mattress should invoke the same feelings or sense of wealth as $100 in a bank account or $100 in U.S. Treasury securities (ignoring the fact that money in the bank, or in T-bills, is safer than cash under the bed). If money and wealth are fungible, there should be no difference in the way we spend gambling winnings or salary. — Gary Belsky

In [Aristotle's] formal logic, thought is organized in a manner very different from that of the Platonic dialogue. In this formal logic, thought is indifferent toward its objects. Whether they are mental or physical, whether they pertain to society or to nature, they become subject to the same general laws of organization, calculation, and conclusion but they do so as fungible signs or symbols, in abstraction from their particular "substance." This general quality (quantitative quality) is the precondition of law and order in logic as well as in society the price of universal control. — Herbert Marcuse

The film industry sees the writer as fungible: The thinking goes, As long as we have Brad Pitt and all this money, we have a great film! No, you need a writer with voice and an engaging story, or what you have is a bomb. — Melissa Rosenberg

Oil and coal? Of course, it's a fungible commodity and they don't flag, you know, the molecules, where it's going and where it's not [ ... ]. So, I believe that what Congress is going to do, also, is not to allow the export bans to such a degree that it's Americans that get stuck to holding the bag without the energy source that is produced here, pumped here. — Sarah Palin

Capital in money form has no citizenship. It is fungible, an asset capable of moving from place to place in a nanosecond. — Eric Kierans

The truth is most things and people are fungible. For instance, if you want an apple and you pick a bad apple, you just throw it away and get a new apple. You don't get upset about the old apple being bad, because you have a new apple and all you wanted was an apple. All apples are replaceable by other apples. Apples are fungible. — Athol Kay

Gold is gold everywhere, fungible and indifferent. But when a disk of gold is stamped by a coiner with certain pompous words and the picture of a King, it takes on added value
seigneurage. It has that value only in that people believe that it does
it is a shared phant'sy. — Neal Stephenson

Geography was fungible, fluid, unreliable. — Catherynne M Valente

Fungible goods in economics can be extended and traded. So, half as much grain is half as much useful, but half a baby or half a computer is less useful than a whole baby or a whole computer, and we've been trying to make computers that work that way. — Neil Gershenfeld

As hardware doubles its density every 18-24 months, courtesy of Moore's Law, and as software eats the world, technology will replace a broad swathe of jobs outright - from burger-flippers to diagnosticians - and atomize many others from full-time positions into gigs performed by many fungible workers. Tech, in short, will eat jobs. — Jon Evans

I once met an economist who believed that everything was fungible for money, so I suggested he enclose himself in a large bell-jar with as much money as he wanted and see how long he lasted. — Amory Lovins

Realistically, it's the great truism that screenwriters are fungible, that at the end of the day a studio is not going to want to fire a movie star. And they're really not going to want to fire a star director because the director has the hand on the tiller of a ship. — John Logan