A Quote by Benjamin Franklin
Remember, that money is of the prolific, generating nature. Money can beget money, and its offspring can beget more, and so on. Five shillings turned is six, turned again it is seven and threepence, and so on, till it becomes a hundred pounds. The more there is of it, the more it produces every turning, so that the profits rise quicker and quicker. He that kills a breeding sow, destroys all her offspring to the thousandth generation. He that murders a crown, destroys all that it might have produced, even scores of pounds.
Related Quotes
Money is of a prolific generating nature. Money can beget money, and its offspring can beget more.
Money was intended to be used in exchange, but not to increase at interest. And this term interest, which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore of all modes of getting wealth this is the most unnatural.
My natural body weight is about 183 pounds. I've just always tried to keep 10 pounds of muscle on me because the bigger you were before, the more money you made. I always tried to cut at least five pounds to get to 185.
To walk in money through the night crowd, protected by money, lulled by money, dulled by money, the crowd itself a money, the breath money, no least single object anywhere that is not money. Money, money everywhere and still not enough! And then no money, or a little money, or less money, or more money but money always money. and if you have money, or you don't have money, it is the money that counts, and money makes money, but what makes money make money?
Money is different from all other commodities: other things being equal, more shoes, or more discoveries of oil or copper benefit society, since they help alleviate natural scarcity. But once a commodity is established as a money on the market, no more money at all is needed. Since the only use of money is for exchange and reckoning, more dollars or pounds or marks in circulation cannot confer a social benefit: they will simply dilute the exchange value of every existing dollar or pound or mark.
'I wish I had only offered you a sovereign instead of ten pounds. Give me back nine pounds, Jane; I’ve a use for it.' 'And so have I, sir,' I returned, putting my hands and my purse behind me. 'I could not spare the money on any account.' 'Little niggard!' said he, 'refusing me a pecuniary request! Give me five pounds, Jane.' 'Not five shillings, sir; nor five pence.' 'Just let me look at the cash.' 'No, sir; you are not to be trusted.'
Remember, that money is of the prolific, generating nature.
I went to all the shops in the village looking for work. I didn't have any qualifications. I ended up working in a grocery shop for about a year and then went to a confectioner, where I earned three pounds 10 shillings. I gave the money to my mother and father, but I also managed to save five shillings a week.
To cash paid for saddlery, a letter case, maps, glasses, etc etc etc. for the use of my Command: 29 pounds 13 shillings and sixpence... To Mrs Washington's travelling expenses in coming to and returning from my winter quarters, the money to defray that taken from my private purse: 1064 pounds, one shilling.
Even a low-budget film costs way more money than a high-priced record. So, it's mo' money, mo' problems. When you have more money, it just creates more people trying to get involved and you have more trouble.
The world is becoming more affluent. We are generating more and more money - so more spending will go on. In the west, we're opening our purses and moths are flying out - but we've got to remember that, in other markets, this is not an issue.
If government manages to establish paper tickets or bank credit as money, as equivalent to gold grams or ounces, then the government, as dominant money-supplier, becomes free to create money costlessly and at will. As a result, this 'inflation' of the money supply destroys the value of the dollar or pound, drives up prices, cripples economic calculation, and hobbles and seriously damages the workings of the market economy.
Who would you be without the thought "I need more money to be safe?" You might be a lot easier to be with. You might even begin to notice the laws of generosity, the laws of letting money go out fearlessly and come back fearlessly. You don't ever need more money than you have.
The problem is that borrowing money to pay back more borrowed money that will oblige you in the future to borrow even more money doesn't sound kosher. Because it isn't.
People used to make their own clothes, now they buy clothes. People used to take care of their own kids, now they pay other people do it. And that was because capitalism requires more and more things being turned into money - being turned into profit. But that has reached this absurd limit where there's nothing left to turn into money, and the capitalist system is breaking down.
I saw money becoming more and more important everywhere. It's one of the most abstract and important inventions by human beings. At the same time, money is capable of extraordinary corruption in every kind of relationship. I tried to see how and why, more and more, money is becoming a religion.
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