A Quote by Voltaire

Paper money eventually returns to its intrinsic value - zero.

Voltaire

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Eventually Intrinsic Intrinsic Value Money Paper Paper Money Returns Value Zero

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Voltaire
French - Writer
November 21, 1694 - May 30, 1778

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

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

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

Robert Kiyosaki

In essence, the stock market represents three separate categories of business. They are, adjusted for inflation, those with shrinking intrinsic value, those with approximately stable intrinsic value, and those with steadily growing intrinsic value. The preference, always, would be to buy a long-term franchise at a substantial discount from growing intrinsic value.

Michael Burry

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

The language of labels is like paper money, issued irresponsibly, with nothing of intrinsic value behind it, that is, with no effort of the intelligence to see, to really apprehend.

Paula Fox

Michael Burry

Intrinsic value can be defined simply: It is the discounted value of the cash that can be taken out of a business during its remaining life. The calculation of intrinsic value, though, is not so simple. As our definition suggests, intrinsic value is an estimate rather than a precise figure, and it is additionally an estimate that must be changed if interest rates move or forecasts of future cash flows are revised.

Warren Buffett

Market value is irrelevant to intrinsic value. ... Unqualified judgment can at most claim to decide the market-value - a value that can be in inverse proportion to the intrinsic value.

Arnold Schoenberg

It's a bubble. It has to have intrinsic value. You have to really stretch your imagination to infer what the intrinsic value of Bitcoin is. I haven't been able to do it. Maybe somebody else can.

Alan Greenspan

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

Market prices for stocks fluctuate at great amplitudes around intrinsic value but, over the long term, intrinsic value is virtually always reflected at some point in market price.

Warren Buffett

Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of its value. Gold will store its value, and you'll always be able to buy more food with your gold.

Peter Schiff

According to classical utilitarianism, the only intrinsic good is happiness; the only intrinsic bad is pain. That implies no intrinsic value in preserving nature, that preserving an endangered plant is valuable only if it benefits humans or other animals. Intuitively, that seems wrong but perhaps I shouldn't trust my intuition here.

Peter Singer

If education recognizes the intrinsic value of the child's personality and provides an environment suited to spiritual growth, we have the revelation of an entirely new child whose astonishing characteristics can eventually contribute to the betterment of the world.

Maria Montessori

A Quote by Voltaire

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