Us Treasury Bills Quotes & Sayings

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

Confidence is key. You're not going to leave your money with me unless you're confident I'm going to give it back to you. And at this point, when treasury bills, seven day treasury bills at 1/20th of one percent, it's not because people want to earn 1/20th of one percent, it's because they trust the fact the treasury will give it back to them next week. — Howard Warren Buffett

If God takes away from us the old, wrinkled, beat-up dollar bill we have clutched so desperately, it is only because He wants to exchange it for the whole Federal mint, the entire treasury! He is saying to us, 'I have in store for you all the resources of heaven. Help yourself.' — Aiden Wilson Tozer

Somebody's buying these treasury bills at 1/20th of one percent. I mean we consuming about $2 billion a day of goods and services beyond what we're producing.As long as we consume more than we produce, and we trade away little pieces of the country daily, they're going to own something. Now, they can't run from American assets. I mean every day the rest of the world is going to have about two billion more of American assets than we have, as long as they sell us these goods. — Howard Warren Buffett

Bills upon Spain?" asked the disturbed host. "Bills upon his Majesty's private treasury," answered d'Artagnan, who, reckoning upon entering into the king's service in consequence of this recommendation, believed he could make this somewhat hazardous reply without telling of a falsehood. "The devil!" cried the host, at his wit's end. "But it's of no importance," continued d'Artagnan, with natural assurance; "it's of no importance. The money is nothing; that letter was everything. I would rather have lost a thousand pistoles than have lost it." He would not have risked more if he had said twenty thousand; but a certain juvenile modesty restrained him. A ray of light all at once broke upon the mind of the host as he was giving himself to the devil upon finding nothing. "That letter is not lost!" cried he. "What!" cried d'Artagnan. — Alexandre Dumas

If the U.S. Government was a company, the deficit would be $5 trillion because they would have to account by general accepted accounting principles. But actually they encourage government spending, reckless government spending, because the government can issue Treasury bills at extremely low interest rates. — Marc Faber

Atticus killed several birds with one stone when he read to his children, and would probably have caused a child psychologist considerable dismay: he read to Jem and Jean Louise whatever he happened to be reading, and the children grew up possessed of an obscure erudition. They cut their back teeth on military history, Bills to Be Enacted into Laws, True Detective Mysteries, The Code of Alabama, the Bible, and Palgrave's Golden Treasury. — Harper Lee