A Quote by Marc Faber

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

Quote Topics

Disposable Economy Failed Global Global Economy Going Good Income Increase Indicator Largely Less McDonald Monetary More Now People Policies Power Prices Purchasing Purchasing Power Sales Sense Tells Than Up Very Very Good

Quote Author

Marc Faber
American - Businessman
Born: February 28, 1946

Every McDonald's commercial ends the same way: Prices and participation may vary. I wanna open a McDonald's and not participate in anything. I wanna be a stubborn McDonald's owner. "Cheeseburgers?" "Nope! We got spaghetti, and blankets."

Mitch Hedberg

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

It is not just disposable income but whether people feel good about their immediate future that drives sales. It is this feel-good factor that drives the purchases more and more than mere economic wealth.

Johann Rupert

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

When people are able to live at home, they have more disposable income. That part is good for the economy.

John Layfield

I remember going to McDonald's for the first time probably when I was in college. And then I remember going and visiting a friend in Wyoming, and he said, 'We're going to do something special. We're going to McDonald's.'

John Lee Hancock

When they say inflation is bad, deflation is good, what they mean is, more money for us 1% is good; we're all for asset price inflation, we're all for housing prices going up, and we're all for our stock and bonds prices going up. We're just against you workers getting more income.

Michael Hudson

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

Ludwig von Mises

My mom worked at McDonald's, and she decided she wanted to make more money, so she got into the management program at McDonald's. And that's how you move up the chain. It's not by demanding that minimum wage is raised; it's by actually acquiring the skills. That's the way that people get ahead in life.

Raul Labrador

McDonald's doesn't suck. It's just not Wendy's. Wendy, she's much prettier than Ronald McDonald.

Molly Sims

The McDonald brothers were simply not on my wavelength at all. I was obsessed with the idea of making McDonald's the biggest and the best. They were content with what they had; they didn't want to be bothered with more risks and more demands.

Ray Kroc

Nowadays music is as disposable as a McDonald's wrapper.

Jeff Beck

The reason my kids like McDonald's is that they always know what they're going to get. It's not gourmet food, but the french fries they order in Indianapolis are just like the french fries they order in Tampa. Wherever they get McDonald's fries, they know it will be the same. That's what McDonald's does.

Tony Dungy

The increase in inequality in income is a longtime trend, but the pressure on middle- and low-income workers is going up rapidly. Especially if they live in an area where there are high housing and gas prices, like California.