A Quote by James Cook

Inflation makes the wealthiest people richer and the masses poorer. — © James Cook
Inflation makes the wealthiest people richer and the masses poorer.
People promise to stick with their spouse 'for richer or poorer' but it's the 'for poorer' part that causes the worry. The big shock is that the 'for richer' bit can also cause problems.
For all the gold and silver stolen and shipped to Spain did not make the Spanish people richer. It gave their kings an edge in the balance of power for a time, a chance to hire more mercenary soldiers for their wars. They ended up losing those wars anyway, and all that was left was a deadly inflation, a starving population, the rich richer, the poor poorer, and a ruined peasant class
More paper money cannot make a society richer, of course, – it is just more printed-paper. Otherwise, why is it that there are still poor countries and poor people around? But more money makes its monopolistic producer (the central bank) and its earliest recipients (the government and big, government-connected banks and their major clients) richer at the expense of making the money's late and latest receivers poorer.
People have so manipulated the concept of freedom that it finally boils down to the right of the stronger and richer to take from the weaker and poorer whatever they still have.
The way to turn our economy around is not by making rich people poorer, it's by making poor people richer.
You don't make the poor richer by making the rich poorer.
I don't mind the rich getting richer, but the poor shouldn't be getting poorer, and there should be more people moving into the middle class.
I probably had the most fun recording For Richer For Poorer in Nashville.
The present hour is always wealthiest when it is poorer than the future ones, as that is the pleasantest site which affords the pleasantest prospect.
All the measures of the Government are directed to the purpose of making the rich richer and the poor poorer.
I believe in the vows that I took with my wife. Through sickness, in health, for richer or poorer.
We say we need to clean up the environment; to clean up the environment, we need to be richer. But maybe getting richer is actually making us poorer.
I believe that all the measures of the Government are directed to the purpose of making the rich richer and the poor poorer.
The forces in a capitalist society, if left unchecked, tend to make the rich richer and the poor poorer.
It's through our expenses that we become richer or poorer, regardless of how much money we make.
What people today call inflation is not inflation, i.e., the increase in the quantity of money and money substitutes, but the general rise in commodity prices and wage rates which is the inevitable consequence of inflation.
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