Archive for the ‘Money Matters’ Category

Wiped Out

Posted: November 20, 2018 in Money Matters
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“There’s no point in building wealth during good times… only to see it wiped out in a financial crash.” -Chris Lowe

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“Money is not wealth.  Wealth is goods and services.  Money is the medium of exchange whereby we acquire wealth.” -Dr. Paul Cleveland

Control

Posted: November 17, 2018 in Money Matters
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“Governments have always controlled two things: the military and the money.” -Bill Bonner

“You can almost always get a little boost by spending money you don’t have. But unless you’re investing in something that will make a profit, you’re just wasting time and money… and making the situation worse.” -Bill Bonner

Conventional Money?

Posted: October 12, 2018 in Money Matters
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“The problem with conventional advice about money is that it’s not only conventional but also often wrong.” -Robert Kiyosaki

“Persistence and self-reliance that are keys to professional success and building wealth over a lifetime….

Every bit of wealth you save earns you more freedom….

Taking responsibility means understanding where your money comes from, where it goes, and how to put it to work. And it means building up the kind of wealth that helps you sleep well at night and have the freedom to make the choices you want to make.”

-David Eifrig

“Contrary to popular belief (and most economics textbooks), when banks make loans, they don’t dip into cash in their vaults… or into other customers’ deposits…  Instead, they loan new money into existence.” -Chris Lowe