An asset that holds its value is preferable to an asset that loses value, and savers who want to choose a medium of exchange will gravitate toward assets that hold value over time as monetary assets. — Saifedean Ammous
The most important thing about any monetary system is that it provides a stable unit of account. — Russell Napier
A good that assumes the role of a widely accepted medium of exchange is called money. — Saifedean Ammous
The value of a promise is the cost to you of keeping your word. — Brian Tracy
Money is good for nothing unless you know the value of it by experience. — P. T. Barnum
The one constant is value. Value is appreciated no matter where you go. — James Sinegal
Money does not represent such a value as men have placed upon it. All my money has been invested into experiments with which I have made new discoveries enabling mankind to have a little easier life. — Nikola Tesla
Money is power, freedom, a cushion, the root of all evil, the sum of blessings. — Carl Sandburg
Further, wide acceptance of a medium of exchange allows all prices to be expressed in its terms, which allows it to play the third function of money: unit of account. — Saifedean Ammous
As money, Bitcoin achieves two objectives; it's both a unit of transaction as well as being a store of value. The U.S. dollar, for example, is a unit of transaction, but it is not a store of value. — Max Keiser
The worth of a good man is not measured in money. — Lex Fridman
Paper money eventually returns to its intrinsic value - zero. — Voltaire
We pay for every lesson with either time or money. And we use the currency we value least. — Alex Hormozi
Value Of Money Quotes
Dont think money does everything or you are going to end up doing everything for money. — Voltaire
Health is like money, we never have a true idea of its value until we lose it. — Josh Billings
... a bad attitude, that the love of money is the root of all evil and the rich are evil and greedy and all that stuff. It’s basically socialism and communism. — Robert Kiyosaki
Maturity is learning to walk away from people and situation that threaten your peace of mind, self respect, values, morals and self worth.
Based on the foregoing analysis, the real advantage of bitcoin lies in it being a reliable long-term store of value, and a sovereign form of money that allows individuals to conduct permissionless transactions. — Saifedean Ammous
Bitcoin's revolution: an impossible-to-counterfeit digital store of value that can be used as money, that has no sovereign, or central bank involved, that can be sent anywhere instantly at virtually no cost, is irresistible. Anyone who uses it is converted. — Max Keiser
The only way that you can make the most money is to provide an exceptional valued service and charge a ton of money for it. — Alex Hormozi
Your value does not decrease based on someone's inability to see your worth.
In 1971, the U.S. 'closed the gold window,' starting an era of global fiat money reference-pricing that has been unprecedented in history. Never before had the world operated on the basis of no country anywhere having a currency tied to something with intrinsic value like gold. — Max Keiser
The needs of a human being are sacred. Their satisfaction cannot be subordinated either to reasons of state, or to any consideration of money, nationality, race, or color, or to the moral or other value attributed to the human being in question, or to any consideration whatsoever. — Simone Weil
What is money? A store of value. A medium of exchange. A unit of account. And a system of control. That fourth property isn’t usually listed! Yet it’s all important. Digital fiat can be frozen, but Bitcoin can’t. It frees you from their system of control. — Balaji Srinivasan
I've found that a lot of successful poker players grew up poor. And I'm convinced that poor people have a risk tolerance that rich people don't have because poor people fundamentally don't value money that much because they're used to not having it. — Chamath Palihapitiya
Economic Value Quotes
The basis of the free market is anytime you can generate revenue or profit, you've created value in excess of the resources you consume in a society. — Michael Saylor
I think good private equity investors create a lot more economic value than they destroy. — Bill Ackman
Global markets must be balanced by global values such as respect for human rights and international law, democracy, security and sustainable economic and environmental development. — Anna Lindh
The entire political class and ruling Wall Street class are zero-percent-interest zombies who talk about 'deflation' in the value of their second, third, and fourth homes. This is paper-deflation, zombie-deflation, and has nothing to do with the real economy. — Max Keiser
The economic and social theories used by those who take part in the social struggle ought to be judged not by their objective value but primarily for their effectiveness in arousing emotions. The scientific refutation of them which can be made is useless, however correct it may be objectively. — Vilfredo Pareto
Encouraging self-sufficiency must be a bedrock for our immigration policy, with the goal of reducing poverty, strengthening the family, and promoting our economic values. But Administration officials and their policies are working actively against this goal. — Jeff Sessions
Because a true sense of purpose is deeply emotional, it serves as a compass to guide us to act in a way completely consistent with our values and beliefs. Purpose does not need to involve calculations or numbers. Purpose is about the quality of life. Purpose is human, not economic. — Simon Sinek
Classic economic theory, based as it is on an inadequate theory of human motivation, could be revolutionized by accepting the reality of higher human needs, including the impulse to self actualization and the love for the highest values. — Abraham Maslow
Our relationship with the European Union, which has done so much to promote stability, stimulate economic growth, and foster the spread of democratic values and ideals across the continent and beyond. — Barack Obama
Childhood is not merely basic training for utilitarian adulthood. It should have some claims upon our mercy, not for its future value to the economic interests of competitive societies but for its present value as a perishable piece of life itself. — Jonathan Kozol
Thousand-dollar-an-hour New York professionals who pay $50 an hour for a car and driver so they can work while they commute understand clearly the monetary value of their time. — Edward O. Thorp
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
Decentralization is only a means towards the key to blockchain value, trust minimization, which brings a host of benefits: immutability, censorship resistance, global seamlessness, monetary and financial sovereignty. Other kinds of decentralization are security theater. — Nick Szabo
Bitcoin is the first software network capable of storing all the monetary energy in the world with no loss of power over time and negligible transmission loss. Assuming broad adoption, that would make it the most valuable invention of the modern era. Few understand this. — Michael Saylor
My definition of success is to be happy in what you like to do best. It's not a monetary value; it's an internal value in itself. If you're happy from the inside-out, thats what is important. Success comes as a day to day value or reaching a goal that you have, and you've got to prepare yourself for what's to come when success is there. — DeMarcus Ware
Money values do not simply mirror the state of affairs in the real world; valuation is a positive act that makes an impact on the course of events. Monetary and real phenomena are connected in a reflexive fashion; that is, they influence each other mutually. The reflexive relationship manifests itself most clearly in the use and abuse of credit. — George Soros
Monetary inflation not only raises prices and destroys the value of the currency unit; it also acts as a giant system of expropriation. — Murray Rothbard
Perhaps the moral ambiguity of money is most plainly evidenced in the popular belief that money itself has value and that the worth of other things or of men is somehow measured in monetary terms, rather than the other way around. — William Stringfellow
The utility, or intrinsic value of gold as a commodity is now considerably less than in the past; its monetary status has become extraordinarily ambiguous; and its future is highly uncertain. — Benjamin Graham
Price, taken by itself, is nothing but the monetary expression of value. — Karl Marx
It is a terrible situation when the Government, to insure the National Wealth, must go in debt and submit to ruinous interest charges, at the hands of men, who control the fictitious value of gold. Interest is the invention of Satan. — Thomas A. Edison
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
We are in for a fiesta of default, repossession, and distress selling of suburban property, much of which will lose its presumed usefulness and monetary value in an energy-scarce economy. — James Howard Kunstler
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 don't want to give too much away, but something horrible happens in 1977. That was also the year of the Queen's Silver Jubilee. I remember this jubilee. I remember receiving a commemorative coin from the school. I think it was a fifty pence piece. That was its monetary value, but it was not a normal fifty pence piece, and it would have been strange to try and use it in a shop. — Quentin S. Crisp
Any discussion of investment or putting monetary value on the environment must start with the populations who rely on those resources. — Helene D. Gayle
I don't necessarily do anything just for the money. I do it for the passion and I do it for the love, because I'm still hungry. So if I want to do music, it's not necessarily motivated because of monetary value. It's more about the passion and the love, and I think that's where music should come from, the heart, not necessarily just to cash a check. — Ludacris
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
There is a strange idea aboard, held by all monetary cranks, that credit is something a banker gives to a man. Credit, on the contrary, is something a man already has. He has it, perhaps, because he already has marketable assets of a greater cash value than the loan for which he is asking. Or he has it because his character and past record have earned it. He brings it into the bank with him. That is why the banker makes him the loan. — Henry Hazlitt
Every job from the heart is, ultimately, of equal value. The nurse injects the syringe; the writer slides the pen; the farmer plows the dirt; the comedian draws the laughter. Monetary income is the perfect deceiver of a man's true worth. — Criss Jami
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
The essence of community, its heart and soul, is the non-monetary exchange of value; things we do and share because we care for others, and for the good of the place. — Dee Hock
Money possesses no value to the state other than that given to it by circulation. — Abraham Lincoln
In Conclusion
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