Top 63 Quotes About Fiat
#1. The great merit of gold is precisely that it is scarce; that its quantity is limited by nature; that it is costly to discover, to mine, and to process; and that it cannot be created by political fiat or caprice.
Henry Hazlitt
#2. As long as we issue fiat currency, I see no alternative to a legal tender law.
Alan Greenspan
#3. When science has sent forth her fiat - it is only to hear and obey.
Jules Verne
#4. There have been unions based on gold or silver, but not on fiat money - money tempted to inflate - put out by politically independent entities.
Milton Friedman
#5. In its heyday, the car was an expression of technical flair and design genius: the original Mini, the Beetle, the 2CV, and the Fiat 500 were all, in their various ways, inspired incarnations of functionality.
Martin Jacques
#6. At the age of 20 I bought a used Fiat 127. This was the only one I could afford!
Carlos Ghosn
#7. When we talk about democracy, if the people's stomach is empty, democracy is also empty. Democracy can not be installed by fiat; it must be achieved by the people themselves.
Y. C. James Yen
#8. I mostly drive around in a Fiat 500 TwinAir, and that's a pretty small car!
Richard Hammond
#9. Remember what we're looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.
Alan Greenspan
#10. Fiat justitia et ruant coeli. Let justice be done, though the heavens may fall. See Ferdinand I 320:1.
William Watson
#11. It is obviously no secret that I earn a lot of money. But it is also no secret that I give most of it away. I don't live a luxurious life. I drive a small second-hand Fiat. I don't have to worry about money, which is itself a privilege. But I never had any anxiety that I would lose my identity.
Henning Mankell
#12. Because mechanism designers do not generally know which outcomes are optimal in advance, they have to proceed more indirectly than simply prescribing outcomes by fiat; in particular, the mechanisms designed must generate the information needed as they are executed.
Eric Maskin
#13. As the "no" of Eve proves that the creature was made by love and is therefore free, so thy Fiat proves that the Creature was made for love as well.
Fulton J. Sheen
#14. Our soul, like Mary's body, is to receive God Himself if only we, like her, believe, consent and receive; if only we speak her truly magic word fiat, "let it be." It is the creative word, the word God used to create the universe.
Peter Kreeft
#15. Creating a meritocracy requires equal participation by both the hippo, who could rule the day by fiat, and the brave smart creative, who risks getting trampled as she stands up for quality and merit.
Eric Schmidt
#16. The Democratic Party is made up of trial lawyers, labor unions, government employees, big city political machines, the coercive utopians, the radical environmentalists, feminists, and others who want to restructure society with tax dollars and government fiat.
Grover Norquist
#17. To the best of my knowledge, there has never been a monetary union, putting out a fiat currency, composed of independent states.
Milton Friedman
#18. The problem with fiat money is that it rewards the minority that can handle money, but fools the generation that has worked and saved money.
Adam Smith
#19. I would drive to gigs in my tiny little Fiat. I would shoot up and down the M1 to play at various places.
David Bowie
#21. War has generally had grave and fateful consequences for the American monetary and financial system. We have seen that the Revolutionary War occasioned a mass of depreciated fiat paper, worthless Continentals, a huge public debt, and the beginnings of central banking in the Bank of North America.
Murray Rothbard
#22. The factory farm has succeeded by divorcing people from their food, eliminating farmers, and ruling agriculture by corporate fiat.
Jonathan Safran Foer
#23. Of all the cars I've owned, I'd like still to have the Ferrari, the Porsche, the Alfa, the Lancia, the MG-TCs and the Fiat 850, but mostly I miss my Mini Moke.
Denise McCluggage
#24. Regulatory fiat cannot create a market at a technologically interdependent interface. And by the same token, regulation and so-called monopoly power rarely prevail at modular interfaces between stages of value-added technology.
Clayton Christensen
#26. A system of capitalism presumes sound money, not fiat money manipulated by a central bank. Capitalism cherishes voluntary contracts and interest rates that are determined by savings, not credit creation by a central bank.
Ron Paul
#27. May Mary, who in the freedom of her 'Fiat' and her presence at the foot of the cross, offered to the world, Jesus, the Liberator, help us to find him in the Sacrament of the altar
Pope John Paul II
#28. Grandma kept turning around in the front seat of their old Fiat saying, "Look at you girls! On, Lena, you are a beauty!"
Lena seriously wished she would stop saying that, because it was irritating, and besides, how was cranky Effie supposed to feel?
Ann Brashares
#29. I'm inspired every day by the great captains of industry and enlightened entrepreneurs like my great-great-grandfather and founder of Fiat, Giovanni Agnelli, who personally knew all his workers and gave so much to this country, or Adriano Olivetti, unique and innovative in every way.
Lapo Elkann
#30. Armadillos that, in some cases, grew to be as large as Fiat 500s.
Elizabeth Kolbert
#31. Gold still represents the ultimate form of payment in the world. Fiat money in extremis is accepted by nobody. Gold is always accepted.
Alan Greenspan
#32. The Cinquecento was an engine of motivation at Fiat. It refurbished the image of the entire company. It's a symbol for the company, but it's more than that. It's a global Italian symbol, as Mini is a global British symbol and the Beetle is a global German symbol.
Lapo Elkann
#33. Here's the dirty little secret: Fiat currency is designed to lose value. Its very purpose is to confiscate your wealth and transfer it to the government. Each time the government prints a new dollar and spends it, the government gets the full purchasing power of that dollar.
Michael Maloney
#34. My first-ever car, my parents bought me a red Fiat Uno. I was 17 and just so happy to have a car, so I was very fortunate that my parents were in a position to get me one - it was a secondhand car, but I was just so happy to have it.
Victoria Beckham
#35. Racist, sexist, and homophobic thoughts cannot, alas, be abolished by fiat but only by the time-honored methods of persuasion, education and exposure to the other guy's-or excuse me, woman's-point of view.
Barbara Ehrenreich
#36. Weaving in and out of traffic, she tooted the horn, mounted the footpath when needed and drove as fast as her Fiat would allow.
Toni Pike
#37. Our markets have not achieved their great successes as a result of government fiat, but rather through efforts of competing interests working to meet the demands of investors and to fulfill the promises posed by advancing technology.
Arthur Levitt
#38. All businesses, including gasoline stations and restaurants, should close ever Sunday ... by force of legislative fiat through the duly elected officials of the people.
Harold Lindsell
#39. Absolute money (gold) makes limited-states and localized-wars (Pre-1913); Substitute money (fiat) makes Absolute States & Wars (Post-1913)
Orrin Woodward
#40. It is demonstrable from Geology that there was a period when no organic beings had existence: these organic beings must therefore have had a beginning subsequently to this period; and where is that beginning to be found, but in the will and fiat of an intelligent and all-wise Creator?
William Buckland
#41. Fiat justitia, ruat caelum. (Let justice be done, though the heavens may fall.)
Anonymous
#42. If you reject the infinite, you are stuck with the finite, and the finite is parochial ... the best explanation of anything eventually involves universality, and therefore infinity. The reach of explanations cannot be limited by fiat.
David Deutsch
#43. Thus, the use of fiat money is more justifiable in financing a depression than in financing a war.
Carroll Quigley
#44. I want to make it clear what I am not saying. I am not saying that fiat money, once established on the ruins of gold, cannot then continue indefinitely on its own.
Murray Rothbard
#45. When irrational terror takes to itself the fiat of moral goodness somebody has to die ... No man lives who has not got a panic button, and when it is pressed by the clean white hand of moral duty, a certain murderous train is set in motion.
Arthur Miller
#46. LIGHT might well be good since it sprang from that fiat of goodness, "Let there be light." We who enjoy it, should be more grateful for it than we are, and see more of God in it and by it.
Charles Haddon Spurgeon
#47. To be a fully functioning moral agent, one cannot passively accept moral principles handed down by fiat. Moral principles require moral reasoning.
Michael Shermer
#48. Many hold that by floating the dollar, Nixon converted the U.S. currency into pure "fiat money" - mere pieces of paper, intrinsically worthless, that were treated as money only because the United States government insisted that they should be.
David Graeber
#49. Our fiat currency is under increasing stress with our large and growing trade deficits. We have a federal deficit that is calculated in the trillions when we take into account the net present value of the future Social Security and Medicaid obligations we are creating today.
George Noory
#50. The Pacts and Covenants, by which the parts of this Body Politique were at first made, set together, and united, resemble that Fiat, or the Let us make man, pronounced by God in the Creation.
Thomas Hobbes
#51. My company Independent Ideas worked with Gucci on a special edition Fiat 500.
Lapo Elkann
#52. If it's not accepted that big government, fiat money, ignoring liberty, central economic planning, welfarism, and warfarism caused our crisis, we can expect a continuous and dangerous march toward corporatism and even fascism with even more loss of our liberties,
Ron Paul
#53. Gold, unlike all other commodities, is a currency ... and the major thrust in the demand for gold is not for jewelry. It's not for anything other than an escape from what is perceived to be a fiat money system, paper money, that seems to be deteriorating.
Alan Greenspan
#54. Fiat has a lot going for it in terms of design, technology and efficiency.
Peter Schmidt
#55. Only the naive inflationist's could believe that government could enrich mankind through fiat money.
Ludwig Von Mises
#56. Italy's assets are her style, her beauty, her creativity, her passion, her energy, her technology; and these will be core brand values of all our cars. Fiat as a company has a long way to go and a steep road ahead.
Lapo Elkann
#57. I mean, what Fiat had it was not very big, it was something like forty or fifty million dollars, but it's enough to get revolving credit, to get starting away again, the buying of new machinery.
Gianni Agnelli
#58. 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
#59. The history of fiat money is little more than a register of monetary follies and inflations. Our present age merely affords another entry in this dismal register.
Hans F. Sennholz
#60. Apart from medieval China, which invented both paper and printing centuries before the West, the world had never seen government paper money until the colonial government of Massachusetts emitted a fiat paper issue in 1690.
Murray Rothbard
#61. The perfect world, by Adam trod,
Was the first temple
built by God
His fiat laid the corner stone,
And heaved its pillars, one by one.
Nathaniel Parker Willis
#62. Fiat has assembly plants in Brazil and Argentina.
Ratan Tata
#63. It is no coincidence that the century of total war coincided with the century of central banking.
Ron Paul
