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Good economic one liners

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Good economic one liners
Post by DDHvi   » Thu Dec 24, 2015 11:32 pm

DDHvi
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One sentence from James Altucher's book, Choose Yourself, sums up the secret to my success: The only way to create value for yourself is to create value for others.


Which is why shifting value around, instead of creating it never works out.

Wasn't it Winston Churchill who commented that the trouble with socialism is that you always ran out of other people's money?
Douglas Hvistendahl
Retired technical nerd
ddhviste@drtel.net

Dumb mistakes are very irritating.
Smart mistakes go on forever
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Re: Good economic one liners
Post by cthia   » Fri Dec 25, 2015 8:50 am

cthia
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DDHvi wrote:
One sentence from James Altucher's book, Choose Yourself, sums up the secret to my success: The only way to create value for yourself is to create value for others.


Which is why shifting value around, instead of creating it never works out.

Wasn't it Winston Churchill who commented that the trouble with socialism is that you always ran out of other people's money?

That's seriously funny! :lol:


****** *

They say that money is the root of all evil...

I've found that greed is the tree.

Son, your mother says I have to hang you. Personally I don't think this is a capital offense. But if I don't hang you, she's gonna hang me and frankly, I'm not the one in trouble. —cthia's father. Incident in ? Axiom of Common Sense
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Re: Good economic one liners
Post by cthia   » Fri Dec 25, 2015 8:53 am

cthia
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Isn't it interesting that American money is painted with the green of envy?

Son, your mother says I have to hang you. Personally I don't think this is a capital offense. But if I don't hang you, she's gonna hang me and frankly, I'm not the one in trouble. —cthia's father. Incident in ? Axiom of Common Sense
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Re: Good economic one liners
Post by DDHvi   » Sat Dec 26, 2015 3:40 pm

DDHvi
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Posts: 365
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cthia wrote:
DDHvi wrote: "One sentence from James Altucher's book, Choose Yourself, sums up the secret to my success: The only way to create value for yourself is to create value for others."

Which is why shifting value around, instead of creating it never works out.

Wasn't it Winston Churchill who commented that the trouble with socialism is that you always ran out of other people's money?

That's seriously funny! :lol:


****** *

They say that money is the root of all evil...

I've found that greed is the tree.


For the love of money is the root of all evil:
I Timothy 6:10

Money is the symbol of value: Loving the symbol instead of producing the reality is definitely a nasty root. This is one reason gambling is wrong.
Douglas Hvistendahl
Retired technical nerd
ddhviste@drtel.net

Dumb mistakes are very irritating.
Smart mistakes go on forever
Unless you test your assumptions!
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Re: Good economic one liners
Post by Imaginos1892   » Sun Dec 27, 2015 4:00 pm

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I believe that quote is most accurately rendered as:
The love of money is a root of all manner of evil.

Not the root, or all evil, but some of it. There is a load of evil around that has nothing to do with money.
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Politicians "invest" your tax money like a wino invests in a bottle of booze.
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Re: Good economic one liners
Post by Daryl   » Sun Dec 27, 2015 11:09 pm

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When the last tree has been cut down, the last fish caught, the last river poisoned, only then will we realize that one cannot eat money.
Attributed to a Native American

I tell you, all the lights on Broadway don't amount to an acre green. Buffy Saint Marie
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Re: Good economic one liners
Post by Imaginos1892   » Tue Dec 29, 2015 9:33 pm

Imaginos1892
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There is not enough value in burger flipping to support a middle-class lifestyle, and playing with numbers can’t change that.
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Re: Good economic one liners
Post by cthia   » Tue Dec 29, 2015 11:12 pm

cthia
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Imaginos1892 wrote:There is not enough value in burger flipping to support a middle-class lifestyle, and playing with numbers can’t change that.

With one caveat -- from the lips of my 14 yr-old niece when she was only 12...

"Unless you're flipping burgers at Corporate."

Son, your mother says I have to hang you. Personally I don't think this is a capital offense. But if I don't hang you, she's gonna hang me and frankly, I'm not the one in trouble. —cthia's father. Incident in ? Axiom of Common Sense
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Re: Good economic one liners
Post by Annachie   » Wed Dec 30, 2015 4:48 am

Annachie
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I don't know. That guy selling $100.00 burgers ...

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Re: Good economic one liners
Post by niethil   » Thu Dec 31, 2015 9:38 am

niethil
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William K. Black wrote:The best way to rob a bank is to own one.

A book I would strongly recommend any time to anyone.
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'Oh, oh' he said in English. Evidently, he had completely mastered that language.
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