I just don't trust any of it. Every time I read something about how there's been another ridiculous climb of the Dow Jones, there's a part of me that goes, "This can't be good." None of this is real money. You know what I mean? It's not like there's actually more of anything. It's just ideas. When people are getting richer and richer but they're not actually producing anything, it can't end well.
Louis C. K.
Here's one truth that perhaps your typical investment counselor would disagree with: if you're comfortably rich and someone else is getting richer faster than you by, for example, investing in risky stocks, so what?! Someone will always be getting richer faster than you. This is not a tragedy.
In fifteen hundred years someone will figure out a way to squeeze black juice out of the yellow sand, and that will get everyone very excited. Some people who were rich already will get a lot richer, and some people who were poor will be told that they're richer but will be pretty sure they're not.
Mozart, who was buried in a pauper's grave, was one of the greatest successes we know of, a man who in his early thirties had poured out his inexhaustible gift of music, leaving the world richer because he had passed that way. To leave the world richer""that is the ultimate success.
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
But can we please stop insisting that if low-wage workers earn a little bit more, unemployment will skyrocket and the economy will collapse? There is no evidence for it. The most insidious thing about trickle-down economics is not the claim that if the rich get richer, everyone is better off. It is the claim made by those who oppose any increase in the minimum wage that if the poor get richer, that will be bad for the economy. This is nonsense.
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.
I am concerned that too many people are focused too much on money and not on their greatest wealth, which is their education. If people are prepared to be flexible, keep an open mind and learn, they will grow richer and richer through the changes. If they think money will solve the problems, I am afraid those people will have a rough ride. Intelligence solves problems and produces money. Money without financial intelligence is money soon gone.
The richer you are, the more worries you have - problems of security, future. Whatsoever you have, you have to hold it. You have to hold it against others because they are constantly watching for a right opportunity to take it back. Whatsoever you hold, you hold out of violence. And of course, if you have been violent then others can be violent to you. They are just waiting for the right moment. The richer you get, the more worries, more problems, more fears you have. Who bothers, if one is happy?
Yes, the South-becoming always poorer-and the North-becoming always richer ...Richer, too in the resources of weapons with which the superpowers and blocs can mutually threaten each other. In the light of Christ's words (Mt. 25), this poor South will judge the rich North. And the poor people and poor nations-poor in different ways, not only lacking food, but also deprived of freedom and other human right-will judge those people who take these goods away from them, amassing to themselves the imperialist monopoly and political supremacy at the expense of others.
Pope John Paul II
Tax reduction has an almost irresistible appeal to the politician, and it is no doubt also gratifying to the citizen. It means more dollars in his pocket, dollars that he can spend if inflation doesn't consume them first. But dollars in his pocket won't buy him clean streets or an adequate police force or good schools or clean air and water. Handing money back to the private sector in tax cuts and starving the public sector is a formula for producing richer and richer consumers in filthier and filthier communities. If we stick to that formula we shall end up in affluent misery.
John W. Gardner