Monetary Quotes & Sayings

I became convinced that the advanced industrial countries, through international organizations like the International Monetary Fund (IMF), the World Trade Organization (WTO), and the World Bank, were not only not doing all that they could to help these [developing] countries but were sometimes making their life more difficult. IMF programs had clearly worsened the East Asian crisis, and the "shock therapy" they had pushed in the former Soviet Union and its satellites played an important role in the failure of the transition. — Joseph E. Stiglitz

The single currency should allow the European Union, and therefore France, to balance its monetary strength with the United States. It should help us adjust to the development of China. — Laurent Fabius

I wish to try my hand at a novel," he said. "Just scribbling, I assure you, but it strikes me as such a noble art, requiring none of the monetary resources of opera or drama, nor the erudition of poetry. Perchance a publisher could be found. I'd be satisfied by the printing of even a score of copies, if only to hold the bound work in my hands. It gives a unique satisfaction, I assume, the writing of a novel. — Kyle Muntz

You don't need to thank me. I take care of the people I love. It's ingrained in me to be a protector, and I happen to love you very much, so my services are all yours."
He smiles again.
"Everything I have is yours, my heart, my home. I know I'm not a millionaire or anything, but I promise you, absolutely nobody will ever love you as much as I do. There is no object, no monetary amount, that signifies my love for you. There are no limits on the hell I'd walk through to make sure you were happy. — Anna Brooks

I never understand why 'economist makes forecast' is ever a headline. Whether the economist in question is from the International Monetary Fund, a City forecasting group or the Treasury - a forecast is still not news. — Tim Harford

A private enterprise system needs some measuring rod, it needs something, it needs money to make its transactions. You can't run a big complicated system through barter, through converting one commodity into another. You need a monetary system to operate. And the instability in that monetary system is devastating to the performance of the economy. — Milton Friedman

Human capital analysis starts with the assumption that individuals decide on their education, training, medical care, and other additions to knowledge and health by weighing the benefits and costs. Benefits include cultural and other non-monetary gains along with improvement in earnings and occupations, while costs usually depend mainly on the foregone value of the time spent on these investments. — Gary Becker

Low interest rates are usually attributed to low inflation, weak economic growth and super easy monetary policy. But there's another deep-seated factor that doesn't get much attention: demographics. — Greg Ip

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 Luddites ... asserted the precedence of community needs over technological innovation and monetary profit; ... The victory of industrialism over Luddism was overwhelming and unconditional; it was undoubtedly the most complete, significant, and lasting victory of modern times. ... To this day, if you say you would be willing to forbid, restrict, or reduce the use of technological devices in order to protect the community -- or to protect the good health of nature on which the community depends -- you will be calle4d a Luddite, and it will not be a compliment. ... Technological determinism has triumphed. — Wendell Berry

We must not forget that ... monetary policy all over the world has followed the advice of the stabilizers. It is high time that their influence, which has already done harm enough, should be overthrown. — Friedrich August Von Hayek

Rigorous financial discipline that, together with monetary stability, ends once and for all the boom and bust that for 30 years has undermined stability — Gordon Brown

So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls. — Martin Feldstein

Entrepreneurs are motivated by independence as well as challenge, knowing they are ultimately responsible for themselves. Monetary success is certainly helpful, but it often becomes more of a score card than anything else. — Donald Trump

At best, in such depression times, monetary policy is a feeble reed on which to lean. — John Kenneth Galbraith

This book (Jarod Kintz's book) is trash. I mean, I assume it is, because that's where I found it while scrounging for lunch. However, I must admit that I haven't read it. I would have, but I am homeless, mainly due to my illiteracy (though Big Government, Keynesian monetary policy, and my struggle with alcoholism certainly played a large role). — Dora J. Arod

I've never had to turn my hand to anything for monetary gain, other than pretending to be somebody else. I'm deeply fortunate. — Ben Kingsley

Monetary reform, if it is to be genuine and successful, must sever money and banking from politics. That's why a modern gold standard must have: no central bank; no fixed rations between gold and silver; no bail-outs; no suspension of gold payments or other bank frauds; no monetization of debt; and no inflation of the money supply, all of which have proved so disastrous in the past. — Lawrence Reed

Transparency concerning the Federal Reserve's conduct of monetary policy is desirable because better public understanding enhances the effectiveness of policy. More important, however, is that transparent communications reflect the Federal Reserve's commitment to accountability within our democratic system of government. — Janet Yellen

The concept of the public welfare is broad and inclusive ... the values it represents are spiritual as well as physical, aesthetic as well as monetary. It is within the power of the legislature to determine that the community should be beautiful as well as healthy, spacious as well as clean, well balanced as well as carefully patroled. — William O. Douglas

Fiscal policy, monetary policy, they need to work together to try and raise the level of growth. — Joe Hockey

If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit. — Ludwig Von Mises

The life of a chess master is much more difficult than that of an artist - much more depressing. An artist knows that someday there'll be recognition and monetary reward, but for the chess master there is little public recognition and absolutely no hope of supporting himself by his endeavors. If Bobby Fischer came to me for advice, I certainly would not discourage him - as if anyone could - but I would try to make it positively clear that he will never have any money from chess, live a monk-like existence and know more rejection than any artist ever has, struggling to be known and accepted. — Marcel Duchamp

There are many reasons why the general public doesn't really understand our monetary system. In the first place, money is something that people tend to get emotional about. After all, money involves, and always has involved, something closely akin to faith-which probably explains why in many past societies the money system has been in the hands of a priesthood, the subject of magical rites, and the ceremonial services of the tribe's medicine man. — Wright Patman

The way forward is for governments to consciously pursue monetary and fiscal stability through setting clear objectives, establishing proper rules, and requiring openness and transparency - the new rules of the game. — Gordon Brown

What governments call international monetary cooperation is concerted action for the sake of credit expansion. — Ludwig Von Mises

The monetary managers are fond of telling us that they have substituted 'responsible money management' for the gold standard. But there is no historic record of responsible paper money management ... The record taken, as a whole is one of hyperinflation, devaluation and monetary chaos. — Henry Hazlitt

Using SROI to explore the value of our online question and answer service, askTheSite, helped us develop new mechanisms for speaking to young people and gain a real insight into the impact of our work. The project enabled us to demonstrate YouthNets commitment to robust impact measurement as well as our commercial approach to project evaluation. Perhaps most importantly, being able to assign a monetary value to askTheSite has enabled YouthNet to convey to current and potential funders how valuable the service is for both young people and the wider society in a language that they understand — Sarah McCoy

It's not necessarily that satisfying getting monetary success, but sometimes it keeps the door open to make what you want to make. — Robert Pattinson

What I don't like is what it sometimes takes to win. Backstabbing. Manipulation. Out-and-out bribery once in a while, and not always the monetary kind. — Ellen Hopkins

How do I define art? A work of art is not an object of monetary value; it is a timid attempt by man to recreate the miracle of which every young woman is capable: to produce life from nothing. Hence, only women and artists have respect for life, and the segment of the so-called "society" that denies women the right to vote and therefore to participate, and denies artists the right to exist, does not really care for life. It oppresses humanity,and it has, directly or indirectly, a vested interest in wars. — Oskar Kokoschka

Look. I'm your expert consultant for a rather pathetic monetary wage, and under that agreement I have the option of selecting a technical assistant. He's mine."

She blew out a breath, paced to the window. Paced back. "Not just yours. It makes him mine, too. I don't know how to deal with a teenaged type person."

"Ah, well, I'd say you'd deal with him as you deal with everyone else. You order him around, and if he argues or doesn't jump quickly enough you freeze his blood with one of those vicious looks you're so good at and verbally abuse him. It always works so well for you."

"You think so?"

"There, see." He cupped her chin. "There it is now. I can actually feel my blood running cold. — J.D. Robb

The World Trade Organization, The World Bank, The International Monetary Fund and other financial institutions virtually write economic policy and parliamentary legislation. With a deadly combination of arrogance and ruthlessness, they take their sledgehammers to fragile, interdependent, historically complex societies and devastate them, all under the fluttering banner of 'reform'. — Arundhati Roy

Once public opinion is convinced that the increase in the quantity of money will continue and never come to an end, and that consequently the prices of all commodities will not cease to rise, everybody becomes eager to buy as much as possible and restrict his cash holdings to minimum size ... If the credit expansion is not stopped in time, the boom turns to crack-up boom: the flight into real values begins, and the whole monetary system founders. — Ludwig Von Mises

Managing your money does not depend upon becoming wealthy or declaring vows of poverty. Rather, it is about creating stability and sufficiency - a balanced flow of monetary energy through your life. — Dan Millman

Man Code 25: The universal compensation for everything is beer. Unless you agree to monetary compensation ahead of time, all favors will be repaid in beer. If the favor was a big one, beer and pizza is acceptable compensation. Friends should never ask friends to pay them for a favor, unless it's for parts or for tools that are needed to do that specific job that aren't already owned. If you do a favor for someone who doesn't drink, tough shit. Pay them with beer anyway. Just kidding, they can be repaid with some sort of food item. Money still shouldn't be an option. — Charles Esquire Sr.

People say that the monetary system produces incentive. This may be true in limited areas, but it also produces greed, embezzlement, corruption, pollution, jealousy, anger, crime, war, poverty, tremendous scarcity, and unnecessary human suffering. You have to look at the entire picture. — Jacque Fresco

My problem was not with comfort or monetary wealth. My problem was with a way of life in which those who have more than they need are envied or extolled, while those who are materially poor are scorned or forgotten. — John Robbins

In the absence of a widely practiced and capable attention to our use of the land, to the land-use economies, and to the natural sources of our life, we have a national, or global, economy consisting entirely of capital (rated at monetary value), minimal labor ("jobs," merely numbered, and the numbers always liable to reduction by technology), information (infinite perhaps, but never sufficient), marketing (seduction of the gullible), and consumption (conversion of goods into waste or poison). And so we have lost patriotism in the old sense of love for one's country, and have replaced it with an ignorant, hard-hearted military-industrial nationalism that devours the country. Under — Wendell Berry

I find that many entrepreneurs are trying to do everything when it would be cheaper and more time-efficient to delegate, even if there are monetary costs associated with that. — James Altucher

Ever since the 2008 global financial crisis, central banks had ventured, not by choice but by necessity, ever deeper into the unfamiliar and tricky terrain of "unconventional monetary policies." They floored interest rates, heavily intervened in the functioning of markets, and pursued large-scale programs that outcompeted one another in purchasing securities in the marketplace; to top it all off, they aggressively sought to manipulate investor expectations and portfolio decisions. — Mohamed A El-Erian

The writing of a novel or short story or poem or whatever should elevate the audience, not drag the writer down to some level beneath herself. And she - the author - should fight always to prevent that dragging down, especially when the only possible benefit of allowing it to happen is monetary. — Caitlin R. Kiernan

If I am confirmed, I am confident that my colleagues on the Federal Open Market Committee and I will maintain the focus on long-term price stability as monetary policy's greatest contribution to general economic prosperity and maximum employment. — Ben Bernanke

War, poverty, corruption, hunger, misery, human suffering will not change in a monetary system. That is, there will be very little significant change. It's going to take the redesign of our culture and values. — Jacque Fresco

The monetary policy of the United States has a major impact on global liquidity and capital flows and therefore, the liquidity of the U.S. dollar should be kept at a reasonable and stable level. — Hu Jintao

When you examine the genesis of great works of art, successful start-ups, and revolutionary shifts in politics, you can always trace back a history of monetary and nonmonetary exchange, the hidden patrons and underlying favors. — Amanda Palmer

Riches are not only measure with monetary value. — Lailah Gifty Akita

What's happening is, there's transfer of wealth from the poor and the middle class to the wealthy. This comes about because of the monetary system that we have. When you inflate a currency or destroy a currency, the middle class gets wiped out. So the people who get to use the money first which is created by the Federal Reserve system benefit. So the money gravitates to the banks and to Wall Street. That's why you have more billionaires than ever before. — Ron Paul

The error in this conclusion may be most simply demonstrated by means of an actual example. Let us select for this purpose the monetary history of Austria, which Laughlin also uses as an illustration. From 1859 onwards the Austrian National Bank was released from the obligation to convert its notes on demand into silver, and nobody could tell when the State paper-money issued in 1866 would be redeemed, or even if it would be redeemed at all. It was not until the later 'nineties that the transition to metallic money was completed by the actual resumption of cash payments on the part of the Austro-Hungarian Bank. — Ludwig Von Mises

Here we have the Schengen agreement, and the truth is that for years we trusted each other and set border controls on the outer borders of the European Union. And as was the case with the economic and monetary union, with this step, regarding the management of the Schengen area, we did not go all the way in terms of political solutions. — Angela Merkel

Nevertheless, if we contemplate a society with a somewhat stable wage-unit, with national characteristics which determine the propensity to consume and the preference for liquidity, and with a monetary system which rigidly links the quantity of money to the stock of the precious metals, it will be essential for the maintenance of prosperity that the authorities should pay close attention to the state of the balance of trade. For a favourable balance, provided it is not too large, will prove extremely stimulating; whilst an unfavourable balance may soon produce a state of persistent depression. — John Maynard Keynes

Remember that disadvantage is less about income than environment. The best metrics of child poverty aren't monetary, but rather how often a child is read to or hugged. — Nicholas Kristof

The 'boom-bust' cycle is generated by monetary intervention in the market, specifically bank credit expansion to business. — Murray Rothbard

With millions of people creating songs and uploading them to the web internationally, most artists know they need to dismantle the monetary barrier between themselves and the listener or they simply wont be heard. — Josh Garrels

Which brings me to the point: In order to lose momentum, the U.S. economy has to have momentum to begin with. If it had any, I missed it. What we had was a government-prescribed course of amphetamines (to keep it up), antibiotics (to prevent infection) and antidepressants (to make it feel better). It endured regular steroid injections from both monetary and fiscal authorities. And it still has no real muscle. — Caroline Baum

There is no legislation
I care not what it is
tariff, railroads, corporations, or of a general political character, that all equals in importance the putting of our banking and currency system on the sound basis proposed in the National Monetary Commission plan. — William Howard Taft

There seems to be a correlation between the intensity of the official attacks on gold and the severity of monetary crises. — Hans F. Sennholz

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

I loved modeling. I absolutely loved it. I was so happy to get the cover of 'Vogue' - 23 times. I keep each copy. I made more money as a model than as an actress or as a filmmaker. In monetary terms, beauty pays more than anything. — Isabella Rossellini

I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten. — Arthur Laffer

I'm not trying to be diplomatic. I'm trying to be more nuanced and realistic. I think there has to be a serious examination of the shortcomings of the Euro structure. Euro central institutions, whether it be fiscal policy, monetary policy, financial regulation, are simply not as robust as they are in a currency that has a national government behind it. — Stephen Harper

Oxytocin infusion increases generosity in unilateral monetary transfers by 80 percent [and] increases donations to charity by 50 percent. — Paul J. Zak

If your monetary wealth accumulates naturally and spontaneously, then let it accumulate, but do not lean on it for support. You may take its support and feel a sense of relief, but there is no telling when that support will move away. Therefore, conduct yourself with caution from the beginning so that you are not shaken up during time of painful experiences. — Dada Bhagwan

Look at any financial institution, at any bank. They're all photocopies of each other. There's no diversity of institutions and even less diversity of currency. Therefore, just as you say its very logical that an ecosystem like this will collapse, it's very predictable a monetary system like this will collapse, too. And it hasn't finished collapsing, by the way. — Bernard Lietaer

Dollar bill: people spend their whole life seeking to earn it, but won't spend 10 minutes seeking to learn it. — Orrin Woodward

For the etatist, money is a creature of the State, and the esteem in which money is held is the economic expression of the respect or prestige enjoyed by the State. The more powerful and the richer the State, the better its money. Thus, during the War, it was asserted that 'the monetary standard of the victors' would ultimately be the best money. Yet victory and defeat on the battlefield can exercise only an indirect influence on the value of money. — Ludwig Von Mises

I suppose the pursuit of fashion has always carried a price, monetary or otherwise. — Robert Charles Wilson

I'm a firm believer in the monetary union. — Wolfgang Schauble

Monetary calculation is not the calculation, and certainly not the measurement, of value. Its basis is the comparison of the more important and the less important. It is an ordering according to rank, an act of grading (Cuhel), and not an act of measuring. It was a mistake to search for a measure of the value of goods. In the last analysis, economic calculation does not rest on the measurement of values, but on their arrangement in an order of rank. — Ludwig Von Mises

I sail through life with great trust in my heart. Whoever stains and breaks that trust will be in a cold water best left behind.
I felt the cold breeze of monetary means through the low ethics of money driven minds.
I securely docked in a shore I call home without the cloaks of dead winter I saw on people who have used me. — Angelica Hopes

The conspicuous fault of the Jeffersonian Party, like the personal fault of Senator Trowbridge, was that it represented integrity and reason, in a year when the electorate hungered for frisky emotions, for the peppery sensations associated, usually, not with monetary systems and taxation rates but with baptism by immersion in the creek, young love under the elms, straight whisky, angelic orchestras heard soaring down from the full moon, fear of death when an automobile teeters above a canyon, thirst in a desert and quenching it with spring water - all the primitive sensations which they thought they found in the screaming of Buzz Windrip. * — Sinclair Lewis

We are talking about an awesome power. It is the power to weave illusions that appear real as long as they last. That is the very core of the Fed's power. Of course not everyone is instinctively against this illusion-weaving power, and many even welcome it. Tragically, the innocent who understand little about the complexity of the monetary system suffer the most, while those who are in the know reap great profit whether the market is going up or down. — Ron Paul

In Egypt the neoliberal programs have meant statistical growth, like right before the Arab Spring, Egypt was a kind of poster child for the World Bank and the IMF [International Monetary Fund:] the marvelous economic management and great reform. The only problem was for most of the population it was a kind of like a blow in the solar plexus: wages going down, benefits being eliminated, subsidized food gone and meanwhile, high concentration of wealth and a huge amount of corruption. — Noam Chomsky

Does a population have informed consent when that population is not taught the inner workings of its monetary system, and then is drawn, all unknowing, into economic adventures? — Frank Herbert

Monetary success is not success. Career success is not success. Life, someone that loves you, giving to others, doing something that makes you feel complete and full. That is success. And it isn't dependent on anyone else. — James Avery

The phrase 'perception is reality' is overused generally. But perception can be reality in monetary policy. The bond market doesn't act merely on what it sees. It acts on what it expects of the Fed or the government. — Amity Shlaes

The fact that we're going through a crisis is an opportunity for Europe to be more coordinated and more integrated. We're actually talking about a European Monetary Fund or euro bonds, about guarantees for countries, about economic governance in the European Union. That shows the strength of Europe. — George Papandreou

But what will happen, and I got this from reliable sources, is that the International Monetary Fund will skedaddle from D.C., possibly to Singapore or Beijing, and then they're going to make an IMF recovery plan for America, divide the country into concessions, and hand them over to the sovereign wealth funds. Norway, China, Saudi Arabia, all that jazz. — Gary Shteyngart

The International Monetary Fund basically acted as the world's debt enforcers - "You might say, the high-finance equivalent of the guys who come to break your legs." I launched into historical background, explaining how, during the '70s oil crisis, OPEC countries ended up pouring so much of their newfound riches into Western banks that the banks couldn't figure out where to invest the money; how Citibank and Chase therefore began sending agents around the world trying to convince Third World dictators and politicians to take out loans (at the time, this was called "go-go banking"); how they started out at extremely low rates of interest that almost immediately skyrocketed to 20 percent or so due to tight U.S. money policies in the early '80s; how, during the '80s and '90s, this led to the Third World debt crisis; how the IMF then stepped in to insist that, in order to obtain refinancing, poor countries would be obliged to abandon price supports on — David Graeber

All index-number systems, so far as they are intended to have a greater significance for monetary theory than that of mere playing with figures, are based upon the idea of measuring the utility of a certain quantity of money. The object is to determine whether a gramme of gold is more or less useful to-day than it was at a certain time in the past. As far as objective use-value is concerned, such an investigation may perhaps yield results. We may assume the fiction, if we like, that, say, a loaf of bread is always of the same utility in the objective sense, always comprises the same food value. It is not necessary for us to enter at all into the question of whether this is permissible or not. — Ludwig Von Mises

Economic theory has demonstrated in an irrefutable way that a prosperity created by an expansionist monetary and credit policy is illusory and must end in a slump, an economic crisis. — Ludwig Von Mises

I have no regrets - in fact, I am pleased to have expelled the US ambassador, the Drug Enforcement Administration (DEA) and to have closed the US military base in Bolivia. Now, without a US ambassador, there is less conspiracy, and more political stability and social stability. Without the International Monetary Fund, we are better off economically. — Evo Morales

That means following a very restrictive fiscal and monetary policy which will squeeze the monopolies and cut their subsidies. On the micro level we will allow other economic agents, both domestic and foreign, to compete with them. — Vaclav Klaus

The presently existing global financial and monetary system will disintegrate during the near term. The collapse might occur this spring, or summer, or next autumn; it could come next year; it will almost certainly occur during President William Clinton's first term in office; it will occur soon. That collapse into disintegration is inevitable, because it could not be stopped now by anything but the politically improbable decision by leading governments to put the relevant financial and monetary institutions into bankruptcy reorganization. — Lyndon LaRouche

Few policies are more calculated to destroy the existing basis of a free society than the debauching of its currency. And few tasks, if any, are more important to the champion of freedom than creation of a sound monetary system. — Hans F. Sennholz

Indeed, as subsequent events would show, debts, rather than deficits, make countries vulnerable in a monetary union. — Jean Pisani-Ferry

Love has no monetary value, but without love, life has no value. — Debasish Mridha

Habitual procrastinators will readily testify to all the lost opportunities, missed deadlines, failed relationships and even monetary losses incurred just because of one nasty habit of putting things off until it is often too late. — Stephen Richards

As financial markets continue to broaden and deepen, the behavior of asset prices will play an important role in the formulation of monetary policy going forward, perhaps a more important role than in the past. — Timothy Geithner

They merely acknowledge human urges, erotic and monetary, and get on with it. Canadian author Mont Redmond put it best when he wrote that, in Thailand, "Anything too big to be swept under the carpet is automatically counted as furniture." The Thais might not like the furniture, might constantly be bumping into it, but they don't deny its existence. — Eric Weiner

Our first benchmark is to cut the deficit more quickly to safeguard Britain's credit rating. I know that we are taking a political gamble to set this up as a measure of success. Protecting the credit rating will not be easy The pace of fiscal consolidation will be co-ordinated with monetary policy. And we will protect Britain's credit rating and international reputation. — George Osborne

In our time, the curse is monetary illiteracy, just as inability to read plain print was the curse of earlier centuries. — Ezra Pound

In a monetary system, most of us live near our work with a house, car, and lifestyle we can afford (or, all too often, cannot afford), rather than the one we prefer. We are only as free as our purchasing power permits. Even many wealthy people today select a residence mainly to impress others with their status. Lacking a true sense of self worth, many live to impress others. — Jacque Fresco

It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. — Henry Ford

Most people won't have opportunity to do full-time service, but those lucky enough to have monetary wealth or some spare time really can make an enormous difference. As someone who's now in the public sector, and is seeing up-close-and-personal the real impact of what we do and what we give, I can tell you: every dollar and every volunteer help, in more ways than you can count. — Michael Bloomberg

All that the State need do, and can do, in order to preserve the monetary system undisturbed, is to refrain from such intervention. That is the essence of the monetary theory of the classical economists and their immediate successors, the Currency School. It is possible to refine and amplify this doctrine with the aid of the modern subjective theory; but it is impossible to overthrow it, and impossible to put anything else in its place. Those who are able to forget it only show that they are unable to think as economists. — Ludwig Von Mises

We already have a federation. The 11, soon to be 12, member States adopting the euro have already given up part of their sovereignty, monetary sovereignty, and formed a monetary union, and that is the first step towards a federation. — Joschka Fischer

As a general rule, when something gets elevated to apple-pie status in the hierarchy of American values, you have to suspect that its actual monetary value is skidding toward zero. Take motherhood: nobody ever thought of putting it on a moral pedestal until some brash feminists pointed out, about a century ago, that the pay is lousy and the career ladder nonexistent. Same thing with work: would we be so reverent about the 'work ethic' if it wasn't for the fact that the average working stiff's hourly pay is shrinking, year by year ... — Barbara Ehrenreich

My monetary studies have led me to the conclusion that central banks could profitably be replaced by computers. Fortunately, for me personally, that conclusion has had no practical impact, else there would have been no Central Bank of Sweden to have established the award [Nobel Prize] I am honored to receive. — Milton Friedman

The purpose of money is to trade for things that make you happy. So if you can bypass money and get directly to the happy, you've saved a lot of trouble. And it makes others happier, too, when you organize your business around non-monetary things. — Derek Sivers