By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens. By this method they not only confiscate, but they confiscate arbitrarily; and, while the process impoverishes many, it actually enriches some.
- John Maynard Keynes - Topics: Government, Inflation.
Owning stocks is like having children. Don't get involved with more than you can handle.
- Peter Lynch - Topics: Stock Market, Investing.
Banks must be trusted to hold our money and transfer it electronically, but they lend it out in waves of credit bubbles with barely a fraction in reserve. We have to trust them with our privacy, trust them not to let identity thieves drain our accounts. Their massive overhead costs make micropayments impossible.
- Satoshi Nakamoto - Topics: Bitcoin, Cryptocurrency.
Taxation is theft, purely and simply.
- Murray N. Rothbard - Topics: Tax.
Europe is just like the sinking Titanic: not even first class passengers can save themselves.
- Giulio Tremonti - Topics: Debt, Eurocrisis.
In this business, if you're good, you're right six times out of ten. You're never going to be right nine times out of ten.
- Peter Lynch - Topics: Trader, Stock Market, Investing.
I made a killing in the stock market. My broker lost all my money, so I killed him.
- Jim Loy - Topics: Broker, Stock Market.
All taxes discourage something. Why not discourage bad things like pollution rather than good things like working or investment?
- Lawrence Summers - Topics: Tax.
If something cannot go on forever, it will stop.
- Herbert Stein - Topics: Stock Market.
A government big enough to give you everything you want, is strong enough to take everything you have.
- Thomas Jefferson - Topics: Government.
The government takes your money away with taxes and then hires people to bother you even more.
- Marc Faber - Topics: Government.
Successful trading is always an emotional battle for the speculator, not an intelligent battle.
- Jesse Livermore - Topics: Trader, Stock Market.
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