Purchasing Power quotes:

+1
Share
Pin
Like
Send
Share
  • Purchasing power is a license to purchase power. -- Raoul Vaneigem
  • The price of imported oil in the US doubled between summer 2003 and summer 2005, reducing consumers' purchasing power by more than 1 per cent of gross domestic product. -- Martin Feldstein
  • Property may be destroyed and money may lose its purchasing power; but, character, health, knowledge and good judgement will always be in demand under all conditions. -- Roger Babson
  • 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. -- Marc Faber
  • Exercise your purchasing power as a consumer, volunteer and bring joy to those in need, and share your experiences, tell your stories, and inspire others along the way. -- Blake Mycoskie
  • The price of every thing rises and falls from time to time and place to place; and with every such change the purchasing power of money changes so far as that thing goes. -- Alfred Marshall
  • And I am convinced that a single focus on preserving the purchasing power of the dollar, in effect, guarding against inflation or deflation, actually creates a solid foundation for the greatest job growth and the strongest economy that America can have. -- Kevin Brady
  • It has now been over 7 years since Congress last raised the minimum wage to its current level of $5.15 per hour. Since that last increase, Congress's failure to adjust the wage for inflation has reduced the purchasing power of the minimum wage to record low levels. -- Jon Corzine
  • It is production that creates purchasing power, not the printing press! -- Peter Schiff
  • Need is not demand. Effective economic demand requires not merely need but corresponding purchasing power. -- Henry Hazlitt
  • Increased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster. -- Bernard Baruch
  • If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit. -- Ludwig von Mises
  • Actually, I have no regard for money. Aside from its purchasing power, it's completely useless as far as I'm concerned. -- Alfred Hitchcock
  • We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power. -- Alan Greenspan
  • A good starting point [in the measurement of investment risk] is the preservation and enhancement of your purchasing power in real terms. -- David Dreman
  • Is it any more moral to dilute the value of the purchasing power of the money you hold in your wallet than it is for the farmer to dilute the milk supply with water? -- Ron Paul
  • The market insures that any quantity of money is capable of performing all the work required of a medium of exchange by adjusting its purchasing power to the underlying conditions of supply and demand. -- Joseph Salerno
  • Corporations don't create jobs, customers do. So when all the economic gains go to the top, as they're doing now, the vast majority of Americans don't have enough purchasing power to buy the things corporations want to sell - which means businesses stop creating enough jobs. -- Robert Reich
  • Instability mostly comes from the interface between the fact that the banks (or shadow banks) can create credit, money, and purchasing power in infinite quantities if we don't constrain them, and the fact that credit is primarily created to fund the purchase of urban real estate and land, which is somewhat fixed in supply. -- Adair Turner, Baron Turner of Ecchinswell
  • If the practice persists of covering government deficits with the issue of notes, then the day will come without fail, sooner or later, when the monetary systems of those nations pursuing this course will break down completely. The purchasing power of the monetary unit will decline more and more, until finally it disappears completely. -- Ludwig von Mises
  • Singer and actress Gertrude Lawrence once overheard an assistant describing the beauty of a coat she knew she could never even dream of affording. Having ascertained the exact shop, coat and price, Ms. Lawrence returned from her lunch break wearing that coat, apparently in order to flaunt and emphasize her greater purchasing power and, by inference, her superior status. -- Sheridan Morley
  • In a monetary system, most of us live near our work with a house, car, and lifestyle we can afford (or, all too often, cannot afford), rather than the one we prefer. We are only as free as our purchasing power permits. Even many wealthy people today select a residence mainly to impress others with their status. Lacking a true sense of self worth, many live to impress others. -- Jacque Fresco
  • The greatly increased consumption of alcoholic beverages is very largely a direct result of the increased purchasing power created by wartime expenditures. -- William Lyon Mackenzie King
  • The reality is that nearly 80 percent of the world's purchasing power lies outside the United States, and if we don't tap those markets, others will. -- John Hoeven
  • That it is logical, fair and reasonable to maintain the purchasing power of an hour's work in terms of goods and services the employee must purchase in his daily living. -- Charles E. Wilson
  • People should have an escape valve for their money, their assets. If you have substantial financial assets, the government is going to confiscate the purchasing power of those assets and spend it. -- Peter Schiff
  • When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency. So the purchasing power that we lose, somebody else gets. -- Peter Schiff
  • Furthermore, there is no good ethical or economic reason for asking workmen and current producers to forego all economic gain in order to increase the purchasing power of all the wealth accumulated in past years. -- Charles E. Wilson
  • In every country except - industrial country except the United States, the government uses its massive purchasing power to negotiate drug prices. That's one of the reasons prices are so much higher in the United States than in other countries. -- Noam Chomsky
  • Now, McDonald's is a very good indicator of the global economy. If McDonald's doesn't increase its sales, it tells you that the monetary policies have largely failed in the sense that prices are going up more than disposable income, and so people have less purchasing power. -- Marc Faber
  • Cash - in savings accounts, short-term CDs or money market deposits - is great for an emergency fund. But to fulfill a long-term investment goal like funding your retirement, consider buying stocks. The more distant your financial target, the longer inflation will gnaw at the purchasing power of your money. -- Suze Orman
  • I dedicate my store to my birthplace. People over there look very good and have got purchasing power, too, and I think since there are no fashion shops in Ghaziabad, they would want to visit my boutique all the more. And I don't play cricket for all 12 months. So when I'm not playing, I can spend my time looking after my business and develop it. -- Suresh Raina
  • The central element in the economic problem of money is the objective exchange-value of money, popularly called its purchasing power. -- Ludwig von Mises
  • BJP is committed to transform the agriculture sector. We want to increase farmer income and the purchasing power of villages. -- Narendra Modi
  • Consumers have not been told effectively enough that they have huge power and that purchasing and shopping involve a moral choice. -- Anita Roddick
  • Naive inflationism demands an increase in the quantity of money without suspecting that this will diminish the purchasing power of the money. -- Ludwig von Mises
  • Printing money is merely taxation in another form. Rather than robbing citizens of their money, government robs their money of its purchasing power. -- Peter Schiff
  • The wisest and best are repulsive, if they are characterized by repulsive manners. Politeness is an easy virtue, costs little, and has great purchasing power. -- Amos Bronson Alcott
  • Basically, unless you're willing to write down debts and save the economy, you're going to have deflation and a steady drain in purchasing power - that is, shrinking markets. -- Michael Hudson
  • Now, the black man here was so-called free by [Abe] Lincoln 100 years ago. The black man in America has an - has a purchasing power of 20 billion dollars. Now, and he's educated. -- Malcolm X
  • People fail to realize there's a difference in kinds of money. There is old money and there is new money. Old money has political power but new money has only purchasing power. (1963) -- LIFE Magazine
  • When capital owners are few, the private-property conduits of necessity create vast savings reservoirs for those few. If there were many owners, the same conduits would broadly irrigate the economy with purchasing power. -- Louis O. Kelso
  • No economy can continue to function when the vast middle class and everybody else don't have enough purchasing power to buy what the economy is capable of producing without going deeper and deeper into debt. -- Robert Reich
  • The illusiveness of this concept of national income is to be seen in its dependence on changes in the purchasing power of the monetary unit. The more inflation progresses, the higher rises the national income. -- Ludwig von Mises
  • The gold standard makes the money's purchasing power independent of the changing, ambitions and doctrines of political parties and pressure groups. This is not a defect of the gold standard; it is its main excellence. -- Ludwig von Mises
+1
Share
Pin
Like
Send
Share