In the long run, inflation comes to an end with the breakdown of the currency.
- Ludwig von Mises - Topics: Inflation.
Hope is not a strategy.
- John Mauldin - Topics: Central Bank, Monetary Policy.
Under a gold standard, sound government has a much better chance; its leaders can say to the people and to the politicians, "We can't do it unless we increase taxes." The gold standard is a form of protection against spendthrift governments.
- Ludwig von Mises - Topics: Inflation, Gold.
Successful trading is always an emotional battle for the speculator, not an intelligent battle.
- Jesse Livermore - Topics: Trader, Stock Market.
Owning stocks is like having children. Don't get involved with more than you can handle.
- Peter Lynch - Topics: Stock Market, Investing.
The balance sheet of the euro system, isn't only gigantic in size but also shocking in quality.
- Alexander Elder - Topics: Central Bank, Eurocrisis, Fiat Currency.
Economic history is a long record of Government policies that failed because they were designed with a bold disregard for the laws of economics.
- Ludwig von Mises - Topics: Government.
If stock market experts were so expert, they would be buying stock, not selling advice.
- Norman R. Augustine - Topics: Stock Market.
Markets are constantly in a state of uncertainty and flux, and money is made by discounting the obvious and betting on the unexpected.
- George Soros - Topics: Investing, Stock Market.
Bad money drives out good. (When a government or central bank overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation, while the overvalued money will flood into circulation)
- Thomas Gresham - Topics: Fiat Currency.
Go for a business that any idiot can run - because sooner or later, any idiot probably is going to run it.
Economics is extremely useful as a form of employment for economists.
- John Kenneth Galbraith - Topics: Economist.
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