A Quote by Murray Rothbard
Savings and investment are indissolubly linked. It is impossible to encourage one and discourage the other.
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It is impossible that the intention of the entrepreneur who has borrowed in order to increase investment can become effective (except in substitution for investment by other entrepreneurs which would have occurred otherwise) at a faster rate than the public decide to increase their savings
[High income tax rates] not only check consumption but discourage investment and encourage...the avoidance of taxes [rather] than the production of goods.[...]Our present tax system...reduces the financial incentives for personal effort, investment, and risk-taking.
Well, the U.S. is running a current account deficit; we are creating lots of investment opportunities in the United States that exceed our own domestic savings rates, so the issue here is to encourage higher savings rates in the United States.
The human is indissolubly linked with imitation: a human being only becomes human at all by imitating other human beings.
Art, at any rate in a novel, must be indissolubly linked with craft.
My plan includes Dependent Care Savings Accounts to encourage savings and help families meet their needs for caring for both children and elders.
If you are wealthy and can hire enough accountants and attorneys, you can find ways around the code. It's fundamentally not fair. It wastes a lot of time and energy and effort to comply with it. It doesn't encourage savings and investment. And we need to simply it and make it more fair.
If top marginal income tax rates are set too high, they discourage productive economic activity. In the limit, a top marginal income tax rate of 100 percent would mean that taxpayers would gain nothing from working harder or investing more. In contrast, a higher top marginal rate on consumption would actually encourage savings and investment. A top marginal consumption tax rate of 100 percent would simply mean that if a wealthy family spent an extra dollar, it would also owe an additional dollar of tax.
Is it not that, in the chain of human events, the birthday of the nation is indissolubly linked with the birthday of the Saviour?
No investment on earth is so safe, so sure, so certain to enrich its owners as undeveloped realty. I always advise my friends to place their savings in realty near a growing city. There is no such savings bank anywhere.
The destinies of the two races in this country are indissolubly linked together, and the interests of both require that the common government of all shall not permit the seeds of race hate to be planted under the sanction of law.
I have a concept of Naples that is not so much of a city, per se, but rather an ingredient of the human spirit that I detect in everyone, Neapolitan or not. The idea that 'Neapolitanism' and mass ignorance are somehow indissolubly linked is one that I am prepared to fight with all the strength I have.
What is important is that in a capital-scarce country like India, the real interest rate needs to be positive enough to encourage healthy growth of financial savings; we get into macro difficulties when real rates on financial savings become negative for a length of time.
Money you know you need or want to spend in the next few years is savings. Money you keep handy for an emergency belongs in savings. Money you hope to use soon for a down payment on a house belongs in savings. And all savings belong in a low-risk bank savings account or money market account.
Real estate is the best investment for small savings. More money is made from the rise in real estate values than from all other causes combined.
So I take my life as I find it, as a life full of grand advantages that are linked indissolubly to my noblest happiness and my everlasting safety. I believe that Infinite Love ordained it, and that, if I bow willingly, tractably, and gladly to its discipline, my Father will take care of it.
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