Posts Tagged ‘prosperity’

“Focusing on the producer means focusing on high employment.  But high employment is not the foundation of prosperity…  We could draft every unemployed American into ditch-digging squads tomorrow.  We’d have 100% employment.  But digging and refilling holes doesn’t produce anything…  Increasing productivity—getting more output for every input—is the font of genuine wealth creation.  Not employment for employment’s sake.” -J. Reeves

“When it comes to prosperity, there are few things as dangerous as inheriting money….” -Bill Bonner

Prosperity is only an instrument to be used, not a deity to be worshipped.” -Calvin Coolidge

Debt Burdens

Posted: December 15, 2013 in Debt
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“Credit must be repaid.  While real prosperity leads to greater abundances, increasing debt produces greater burdens.” -Porter Stanbury

Gain Wealth

Posted: October 15, 2013 in Money Matters
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In order to get wealth, “you have to pay for it. That is, you have to give something up in the present to gain more prosperity in the future.” –Bill Bonner