Quotes about "Money & Wealth"

We need the children of Indonesia and the Philippines to manufacture our freedom of choice. ”

On 'Arrow,' we have Ray Palmer and Roy Harper, and if you call Roy 'Ray' and Ray 'Roy,' you have to put money into the jar. ”

It's pointless to talk to Fed members about economics because they are academics who believe in money-printing. Some of them believe they didn't print enough, and so with these kinds of people, it is like running to the pope. What do you want to tell them? ”

The fallacy of monetary policy in the U.S. is to believe this money will go to the man on the street. It won't. It goes to the Mayfair economy of the well-to-do people and boosts asset prices of Warhols... Very happy. Very good for the Fed. Congratulations, Mr. Bernanke. ”

My worst investment decision so far is to lend money to friends. So far, it has all come to zero. ”

When it comes to money, the best investments were probably the ones I did not make. ”

When you print money, the money does not flow evenly into the economic system. It stays essentially in the financial service industry and among people that have access to these funds, mostly well-to-do people. It does not go to the worker. ”

If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war. ”

Credit expansion and money printing hasn't filtered much to ordinary people. It's boosted asset markets, real estate and stocks. So well-to-do-people have done very well. ”

The positive aspect of my negative view is essentially that you shouldn't own cash and government bonds, but you should be in assets like real estate or equities or precious metals or in commodities. ”