A Quote by Robert Kiyosaki

I do know that throughout history, all paper money has eventually come back to its true value, which is zero.

Robert Kiyosaki

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Back Come Eventually History Know Money Paper Paper Money Throughout True True Value Value Which Zero

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Robert Kiyosaki
American - Author
Born: April 8, 1947

Throughout history, every government that's printed money, the money has eventually gone to its ultimate value which is zero. Remember? The confederate dollar went to zero. The continental went to zero. That's what happens when you have a bank that's allowed to print as much money as it wants to.

Robert Kiyosaki

Paper money eventually returns to its intrinsic value - zero.

Voltaire

Over two thousand years ago, Aristotle taught us that money should be durable, divisible, consistent, convenient, and value in itself. It should be durable, which is why wheat isn't money; divisible which is why works of art are not money; consistent which is why real estate isn't money; convenient, which is why lead isn't money; value in itself, which is why paper shouldn't be money. Gold answers to all these criteria.

Doug Casey

The available supply of gold and silver being wholly inadequate to permit the issuance of coins of intrinsic value or paper currency convertible into coin of intrinsic value or paper currency convertible into coin in the volume required to serve the needs of the People, some other basis for the issue of currency must be developed, and some means other than that of convertibility into coin must be developed to prevent undue fluctuation in the value of paper currency or any other substitute for money intrinsic value that may come into use.

Abraham Lincoln

I don't look at business as a zero-sum game. I don't. I've never seen it play out that way in our industry, and I think you innovate and you add value, deliver value back to customers, and you get value back from the world.

Marc Benioff

Gold is unique because it has the age-old aspect of being viewed as a store of value. Nevertheless, it’s still a commodity and has no tangible value, and so I would say that gold is a speculation. But because of my fear about the potential debasing of paper money and about paper money not being a store of value, I want some exposure to gold.

Seth Klarman

It's a huge thing when people realize across the culture that paper money is paper. And that there's no fixed value - it's all political. That all value is set by a political authority, basically.

John Currin

I have endeavoured to show that the ability to pay taxes depends, not on the gross money value of the mass of commodities, nor on the net money value of the revenue of capitalists and landlords, but on the money value of each man's revenue compared to the money value of the commodities which he usually consumes.

David Ricardo

Eradications are special. Zero is a magic number. You either do what it takes to get to zero and you're glad you did it; or you get close, give up and it goes back to where it was before, in which case you wasted all that credibility, activity, money that could have been applied to other things.

Bill Gates

We should create a holiday that celebrates money for what it is, essentially worthless paper, upon which we agree to pretend it has value.

Dov Davidoff

On a biological level, the brain registers money as something valuable - even a dollar bill which has no intrinsic value, it's just paper.

Kabir Sehgal

Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges.

Mark Skousen

The vector equilibrium is the true zero reference of the energetic mathematics. Zero pulsation in the vector equilibrium is the nearest approach we will ever know to eternity and god: the zero phase of conceptual integrity inherent in the positive and negative asymmetries that propagate the differentials of consciousness.

R. Buckminster Fuller

I think the history of the world suggests if one studies the Romans, and one studies the early Greeks, and one studies the history of the world, they all eventually falter if they don't come back to the basic aspect of integrity and honor and feelings of love one for another.

Jon Huntsman, Sr.

Gold is not less but more rational than paper money. Money holds value so long as it is in limited supply; gold will always be in limited supply, and would require real resources to produce even from the sea; paper and printing ink are not in limited supply. The gold system is much closer to a modern automatic scientific control system than the crude and relatively unstable system of paper.

William E. Rees

Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency value is other currency. Most countries hold reserves and the reserves are other currencies. If you are a backing up the euro with the dollar, what's backing up the dollar? I don't think it is going to go to a point where all you have is coins and bars of gold, but I do think that we are going to have to go back to a monetary system based in gold, not based on paper.

Peter Schiff

A Quote by Robert Kiyosaki

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