A Quote by Henry Ford

An underpaid man is a customer reduced in purchasing power. He cannot buy. Business depression is caused by weakened purchasing power. Purchasing power is weakened by uncertainty or insufficiency of income. The cure of business depression is through purchasing power, and the source of purchasing power is wages.

Henry Ford

Quote Topics

Business Buy Cannot Caused Cure Customer Depression Income Insufficiency Man Power Purchasing Purchasing Power Reduced Source Through Uncertainty Underpaid Wages Weakened

Quote Author

Henry Ford
American - Businessman
July 30, 1863 - April 7, 1947

The banker, therefore, is not so much primarily a middleman in the commodity "purchasing power" as a producer of this commodity. However, since all reserve funds and savings today usually flow to him, and the total demand for free purchasing power, whether existing or to be created, concentrates on him, he has either replaced private capitalists or become their agent; he has himself become the capitalist par excellence.

Joseph A. Schumpeter

I would push purchasing power - you push out $1,000 of purchasing to those people, it's going to get - it's going to get spent. And it needs to be spent. They need it. And it should come, to some extent, from guys like me.

Warren Buffett

Purchasing power is a license to purchase power.

Raoul Vaneigem

Private property works like circuitry in electronics, or piping in hydraulics. It conveys wages to the owners of labor power, as well as the various forms of nonwage property income to the owners of capital. In itself, it is no more responsible for maldistribution of purchasing power than the science of bookkeeping is responsible for bankruptcy.

Louis O. Kelso

The Central Bank is constantly purchasing, purchasing and selling and vice versa - this is their job.

Vladimir Putin

Increased wages, higher pensions, more unemployment insurance, all are of no avail if the purchasing power of money falls faster.

Bernard Baruch

BJP is committed to transform the agriculture sector. We want to increase farmer income and the purchasing power of villages.

Narendra Modi

It is production that creates purchasing power, not the printing press!

Peter Schiff

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

Actually, I have no regard for money. Aside from its purchasing power, it's completely useless as far as I'm concerned.

Alfred Hitchcock

If you increase the quantity of money, you bring about the lowering of the purchasing power of the monetary unit.

Ludwig von Mises

We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power.

Alan Greenspan

Consumers have not been told effectively enough that they have huge power and that purchasing and shopping involve a moral choice.

Anita Roddick

Purchasing power is a license to purchase power. The old proletariat sold its labour power in order to subsist; what little leisure time it had was passed pleasantly enough in conversations, arguments, drinking, making love, wandering, celebrating and rioting. The new proletarian sells his labour power in order to consume. When he’s not flogging himself to death to get promoted in the labour hierarchy, he’s being persuaded to buy himself objects to distinguish himself in the social hierarchy. The ideology of consumption becomes the consumption of ideology.

Raoul Vaneigem

A world where wages no longer rise still needs consumers. Middle-class purchasing power has been maintained through loans, loans and more loans. The Calvinistic reflex that you have to work for your money has turned into a license for inequality.