Top 100 Money Debt Quotes
#1. The human world is a long way from meeting the needs of the present, and it is borrowing massively from the future - not only by piling up money debt, but also by degrading the resources from which all real wealth ultimately comes.
Donella Meadows
#2. If rather than setting the minimum balance as the lowest possible amount, so we keep people in debt for as long as possible, we raise the minimum payment and encourage people to pay off their credit cards, we're going to make less money, but we're going to have costumers that are more solvent.
Richard Thaler
#3. I was so in debt by the end of 'Dust Devil,' having picked up the tab personally for the post-production of the movie, and having no way to recoup because I didn't own the rights to the movie. There was no way I could see any money back on it, so any money spent was just a dead loss.
Richard Stanley
#4. Savers have to be punished so debtors can be saved.
Why? Because if debtors are rescued, that makes it possible for more debts to be issued in the future.
And why is that important? Because the banking system needs ever more loans in order to survive.
Chris Martenson
#5. There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth.
Frederick Soddy
#6. A liberal is someone who feels a great debt to his fellow man, which debt he proposes to pay off with your money.
G. Gordon Liddy
#8. The refunding of the national debt at a lower rate of interest should be accomplished without compelling the withdrawal of the national-bank notes, and thus disturbing the business of the country.
James A. Garfield
#9. Suckers think that you cure greed with money, addiction with substances, expert problems with experts, banking with bankers, economics with economists, and debt crises with debt spending
Nassim Nicholas Taleb
#10. Money is created through bank debt. When you go for a mortgage through a bank, they give you $100,000 to buy a house and basically send you out into the world to bring back $200,000 in the next twenty years. The first $100,000 is principal, and the second is interest.
Bernard Lietaer
#11. The bank transforms itself from an agent of debt to a catalyst for distribution and circulation. Like money in a digital age, it becomes less a thing of value in itself than a way of fostering the value creation and exchange of others. Less a noun than a verb.
Douglas Rushkoff
#12. Debt deflation is when there's less money that people have to spend out of their paychecks on goods and services, because they're paying the FIRE sector. Oil going down is a function of the supply and demand of oil in the market. It's a separate phenomenon.
Michael Hudson
#13. In numerous years following the war, the Federal Government ran a heavy surplus. It could not (however) pay off its debt, retire its securities, because to do so meant there would be no bonds to back the national bank notes. To pay off the debt was to destroy the money supply.
John Kenneth Galbraith
#14. In Texas money goes further, with one of the lowest costs of living, one of the lightest tax burdens as a percent of income, and one of the lowest debt-per-capita ratios.
Mark McKinnon
#15. Getting a family into work, supporting strong relationships, getting parents off drugs and out of debt - all this can do more for a child's well-being than any amount of money in out-of-work benefits.
Iain Duncan Smith
#16. You must gain control over your money or the lack of it will forever control you.
Dave Ramsey
#17. Republicans drove us into debt with two wars and the Bush tax cuts. Now they want to pay for that debt with cuts to Social Security, Medicare and Medicaid. This is not only immoral it is bad economics. Why do Republicans always have money for war but not for those in need?
Bernie Sanders
#18. Do you have to regret spending money when you earn money? And when it is time to spend, you should be strong that you got the opportunity to pay off your debt. Income is one's responsibility and expense is the means to clear off the responsibility.
Dada Bhagwan
#19. My parents had no money, but they had strong values that I've carried throughout my life - things like not going into debt, never borrowing money, never leveraging, paying your bills on time, keeping your agreements, selling customers the right things, treating employees right, and growing things.
Jack Dangermond
#20. When we manage a restaurant, we start making money from the first day. When we own a place, it's often five years before we earn the first penny that is clean of debt.
Daniel Boulud
#21. No generation has a right to contract debts greater than can be paid off during the course of its own existence.
Thomas Jefferson
#22. The dollar represents a one dollar debt to the Federal Reserve System. The Federal Reserve Banks create money out of thin air to buy Government Bonds from the U.S. Treasury ... and has created out of nothing a ... debt which the American people are obliged to pay with interest.
Wright Patman
#23. At some point, the dollar has to give. You can't just keep printing money, and monetizing debt, and buying bonds, without the dollar imploding.
Peter Schiff
#24. It's easy to let your family suffer for your work. Many of us do this because we see our jobs as a means of maintaining our families. We have thoughts such as 'I need to make more money so that my kids can go to college debt-free.'
Travis Bradberry
#25. To withhold deserved praise lest it should make its object conceited is as dishonest as to withhold payment of a just debt lest your creditor should spend the money badly.
George Bernard Shaw
#26. If you borrow money to make money, you've done something magical. On the other hand, if you go into debt to pay your bills or buy something you want but don't need, you've done something stupid. Stupid and short-sighted and ultimately life-changing for the worse ...
Seth Godin
#27. The Sikh gave him the money. When Menon asked for his address so that he could repay the man, the Sikh said that Menon owed the debt to any stranger who came to him in need, as long as he lived. The help came from a stranger and was to be repaid to a stranger.
Robert Fulghum
#28. The ideas of debtor and creditor as to what constitutes a good time never coincide.
P.G. Wodehouse
#29. Take free money. No matter how in debt you are, if your employer offers a matching contribution on a 401(k) or other retirement vehicle, you must sign up and contribute enough to get the maximum company match each year. Think of it as a bonus.
Suze Orman
#30. It's not about judging you, it's about changing your point of view.
Simone Milasas
#31. Too many people are buying things they can't afford, with money that they don't have ... to impress people that they don't like!"
Nothing to do w/ "books"
Just like the quote!
Will Smith
#32. Debt ... that peculiar nexus where money, narrative or story, and religious belief intersect, often with explosive force.
Margaret Atwood
#33. After adding trillions to the debt on big-government policies most Americans didn't ask for and which we couldn't afford, Democratic leaders say they need more money, which they intend to take from small business, even though small businesses create the majority of new jobs.
Mitch McConnell
#34. All but a very few of us are in debt. We exist as entities who borrow money and spend the rest of our lives making interest payments on a debt tally that never seems to budge. Whatever wealth we have, in labor, property or cash, is suctioned to the top.
Roger Ebert
#36. What did the taxpayers get out of the Obama stimulus? More debt. That money wasn't just spent and wasted - it was borrowed, spent, and wasted.
Paul Ryan
#37. When George W. Bush entered office, the national debt was $5 trillion. When he left, it was $10 trillion. I think the administration spent too much money.
Ted Cruz
#38. Jimmy put in a word and told them that if I made it, I wouldn't be able to live with myself without paying them back. That I'd sooner die than owe anyone money for helping me.
Apparently Jimmy knew more about me at that point than I knew about myself.
Craig Ferguson
#39. When money's tight and is hard to get
And your horse has also ran,
When all you have is a heap of debt
A PINT OF PLAIN IS YOUR ONLY MAN.
Flann O'Brien
#40. The first thing, when I got the money, I knew I would support somebody. And the person I supported was my family. Because we were really in debt with the money. And - so I gave to my father this suitcase full of money. And he couldn't believe it. And that was something very special.
Michael Schumacher
#41. Self-preservation - this is your new focus.
The only obligation of today is to preserve the breath of tomorrow. Then, once footing is regained, you can begin to fulfill debt obligations.
Debt is hindsight.
John-Talmage Mathis
#42. When George Bush came into office, we had surpluses. And now we have half-a-trillion-dollar deficit annually. When George Bush came into office, our national debt was around $5 trillion. It's now over $10 trillion. We've almost doubled it.
Barack Obama
#43. The important lesson of the deficit is - and the national debt - is we have to be careful about how we're spending money.
Joseph Stiglitz
#44. I don't own any stocks or bonds. All my money is tied up in debt.
George Carlin
#45. We don't need new taxes. We need new taxpayers, people that are gainfully employed, making money and paying into the tax system. And then we need a government that has the discipline to take that additional revenue and use it to pay down the debt and never grow it again.
Marco Rubio
#46. As you have to pay more interest and amortization on what you owe, you're left with less and less money to buy goods and services - unless you borrow even more and go further into debt.
Michael Hudson
#47. Our investment bank looks like it does because its customers like our expansive network and want to do equity, debt, M&A, custody, move money, deposit money, et cetera.
Jamie Dimon
#48. One of the greatest disservices you can do a man is to lend him money that he can't pay back.
Jesse H. Jones
#49. Marketing's illusive promise is that this one product will change your life, make you feel more sexy, satisfy all your heart's desires.
L.G. Durand
#50. Live within your means, never be in debt, and by husbanding your money you can always lay it out well.
Andrew Jackson
#51. Solvency is maintained by means of a national debt, on the principle, If you will not lend me the money, how can I pay you?
Ralph Waldo Emerson
#52. It's not long-term debt if the money is immediately paid back.
Roy Blunt
#53. Once again, the 90/10 rule of money applies - 10% of the borrowers in the world use debt to get richer - 90% use debt to get poorer.
Robert T. Kiyosaki
#54. At most schools, if you switch majors, you basically start over. That means more semesters ... and more money. The former might be appealing, but the latter is a major problem for a demographic already saddled with student debt.
Brian Shactman
#55. We know intellectually that money can't buy happiness yet we spend and go into debt as if it does.
Michelle Singletary
#56. Annual income twenty pounds, annual expenditure nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pound ought and six, result misery.
Charles Dickens
#57. I've always been terrified about not having money. I've been a big saver and a big earner. When I've been out of work, I've always found another job. I never wanted to get into debt, because money was very tight when I was growing up. I never felt deprived, but I couldn't have the things I wanted.
Cherie Lunghi
#58. The gift was not large as money goes, and my need was not great, but the spirit of the gift is beyond price and leaves me blessed and in debt.
Robert Fulghum
#59. If a man owes me money, I never seem to forget. But if I do the owing, I somehow never remember.
Aristophanes
#60. The curse of the cable industry over all these years as an operating reality is that every year the debt goes up (and) all the money generated gets reinvested, and then some.
John C. Malone
#61. I'm for eliminating deductions and taking some of the money to buy down rates and put it on the debt. That's not raising taxes. That's solving a problem.
Lindsey Graham
#63. Every time you borrow money, you're robbing your future self.
Nathan W. Morris
#64. As Charles Darwin said,'The economy shown by Nature in her resources is striking,' says the Spirit. 'All wealth comes from Nature. Without it, there wouldn't be any economics. The primary wealth is food, not money. Therefore anything that concerns the handling of the land also concerns me.
Margaret Atwood
#65. It is day after day in this institution, borrow money, run up the debt, run up the deficits and then with a straight face say, we are going to repeal a tax that affects 1 percent of the American people, just 1 percent of the American people.
Richard Neal
#66. Students can spend their money better than government can. It should not require a federal loan and decades of debt for students to get a college degree. Price limits access - plain and simple.
Rick Scott
#67. More and more money is being extracted from of the production and consumption economy to pay the FIRE sector. That's what causes debt deflation and shrinks markets. If you pay the banks, you have less to spend on goods and services.
Michael Hudson
#68. I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale.
Thomas Jefferson
#69. Be careful when you take on debt. If you take on debt personally, make sure it is small. If you take on large debt, make sure someone else is paying for it.
Robert Kiyosaki
#70. Defaulting on the nation's debt would be cataclysmic. The U.S. Treasury's Aaa rating is the one constant in the world's financial system. When times are bad anywhere on the planet, global investors flock to Treasury bonds because they know they will get their money back.
Mark Zandi
#71. It's time to start thinking differently about money and debt and start the healing process - and the process toward wealth and freedom. 'Freedom from Bad Debt' can get you started.
Robert Kiyosaki
#72. Stocks always go down much faster than they go up. That's why it's called a crash. People who put their money into the stocks will find, all of a sudden, that stock prices are no longer being supported by the debt leveraging that's been holding them up.
Michael Hudson
#73. At Cornell University, it was well known that after five years on Wall Street, you could expect to be making half a million a year in salary and bonus; after 10 years, you could expect a million or more. I had 60 grand of university debt, and my parents had no retirement. I needed that money.
Philipp Meyer
#74. Myth: USDollar is money. Fact: Gold & Silver are money. USDollar is legal tender/debt brought down to low parcels for spending purposes.
Ziad K. Abdelnour
#75. Easy payments, easy lease, easy approval. Debt is very EASY to get into, but makes it HARD to live victoriously.
Bradley Vinson
#76. When I started Biocon in 1978, the obstacles I needed to navigate were manifold - ranging from infrastructural hurdles to issues related to my credibility as a business woman. With no access to venture capital, money was scarce and high-cost, debt-based capital was all I had.
Kiran Mazumdar-Shaw
#77. There's more student debt than credit card debt! Everywhere I go, I run into young people trying to build careers while they keep shelling out money on their education loans. If the economy is looking for a new generation of home-buyers, I can't imagine they'll get it from these folks.
Gail Collins
#78. We now have a president who tries to save money by turning off lights in the White House, even as he heads toward a staggering addition to the national debt. "L.B.J." should stand for Light Bulb Johnson.
Barry Goldwater
#79. A natural saver is great until he never spends and is tight-fisted with giving. A natural spender is great until she finds herself deeply in debt and unable to give. A natural giver is great until there are no savings when a problem arises and there is no personal enjoyment of money.
Dave Ramsey
#80. The national debt is totally unlike a family budget for about a gazillion reasons, not the least of which being that families cannot raise money by fiat or deflate the size of their debt unilaterally and that family members die instead of existing infinitely.
Matt Taibbi
#81. When I get asked the question, "Do I want to loan you money?" I want to know, how much do you earn? How much do you owe? What is your net worth? When people talk about countries for some reason they only ask how much did you earn and what's your debt?
George Friedman
#82. The real origins of money are to be found in crime and recompense, war and slavery, honor, debt, and redemption. That,
David Graeber
#83. Without growth we can't pay down our debt, and without growth there's no money for welfare.
Helle Thorning-Schmidt
#84. I don't have more money. I won't have more money than any of the candidates, even the Republican candidates. We know that already. But we are building this campaign team like I would build a business. And that is, we are building it so far with no debt.
Herman Cain
#85. No one should be held back from realising their potential by fears that they will not be able to afford to go to university or that they will graduate with unmanageable levels of debt.
Gordon Brown
#86. Well, the problem of the federal government is that they print money and go in debt. That's their national policy, Democrats and Republicans it doesn't matter. And this is where I differ.
Richard M. Daley
#87. Equity is the cushion that protects financial institutions from unexpected changes in the value of their assets. The greater the leverage, the smaller the losses required to wipe out a company's equity, leaving it without enough money to repay the people who hold its debt.
Alex Berenson
#88. In medieval Europe, aristocrats spent their money carelessly on extravagant luxuries, whereas peasants lived frugally, minding every penny. Today, the tables have turned. The rich take great care managing their assets and investments, while the less well-heeled go into debt buying cars and
Yuval Noah Harari
#89. If you want to get out of debt and save cash you have to be willing to challenge your existing beliefs about money.
K.A. Carlson
#90. Dominic shook his head. "Not money but we do have to work off our debt to him. My brothers, bar Damien, have certain jobs they do for Marco. My job is fighting.
L.A. Casey
#91. Terrorism, War & Bankruptcy are caused by the privatization of money, issued as a debt and compounded by interest.
Napoleon Bonaparte
#92. Today, people are having to spend so much of their money, to acquire a house and to get an education that they don't have enough to spend on goods and services, except by running into yet more debt on their credit cards and other borrowings.
Michael Hudson
#93. The schools can't cover all the values that go along with how you handle your money. For example, a financial literacy class might not teach me to hate debt the way my grandmother, Big Mama did.
Michelle Singletary
#94. The most empowering thing you can do though is to create innovative ways to bring in livable wages. That begins with a debt free lifestyle.
Brandi L. Bates
#95. The speed of your success is limited only by your dedication and what you're willing to sacrifice
Nathan W. Morris
#96. A beautiful deleveraging balances the three options. In other words, there is a certain amount of austerity, there is a certain amount of debt restructuring, and there is a certain amount of printing of money. When done in the right mix, it isn't dramatic.
Ray Dalio
#97. The United States can pay any debt it has because we can always print money to do that. So there is zero probability of default.
Alan Greenspan
#98. I have serious concerns about whether it's prudent to give any foreign country substantial leverage over the U.S. economy. Instead of spending $80 billion on important programs here at home, we're sending this money overseas just to pay interest on our debt.
Tim Johnson
#99. Our whole Depression was brought on by gambling, not in the stock market alone but in expanding and borrowing and going in debt ... all just to make some easy money quick.
Will Rogers
#100. It is true, Christian, the debt thou owest to God must be paid in good and lawful money, but for thy comfort, here Christ is thy paymaster. Send
William Gurnall
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