29 Fiat Quotes for You to Enjoy

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

Capitalism Money Creation Savings System Determined Rates Voluntary Sound Contracts Bank Fiat Central Interest Central Bank Interest Rates Manipulated Credit

We hunger to understand, so we invent myths about how we imagine the world is constructed - and they're, of course, based upon what we know, which is ourselves and other animals. So we make up stories about how the world was hatched from a cosmic egg or created after the mating of cosmic deities or by some fiat of a powerful being. Carl Sagan

World Invent Animals Other Hunger Ourselves Hatched Some Cosmic About Constructed Myths Powerful Know Make Course Make Up Understand How Mating Up Egg Fiat Being Stories After Which Created Based Imagine

Leftists wage the war on Christmas using their traditional methods - government fiat and the court system. They never win voting, and they certainly don't win in the free market, so they bravely fight their battles through big government. Milo Yiannopoulos

War Christmas Government Fight Win Voting Free Big Market System Battles Free Market Through Never Court Wage Traditional Methods Big Government Bravely Fiat Certainly Using

Security tokens are going to give birth to a quadrillion dollar market. This is because we will see the tokenization of the world's fiat money, debt market, real estate, equities, and art. Brock Pierce

Art World Money Real Estate Will Birth Market Security See Give Because Real Dollar Debt Going Fiat Estate

Thus, the use of fiat money is more justifiable in financing a depression than in financing a war. Carroll Quigley

Depression War Money Financing More Thus Than Fiat Use

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

Must Outcomes More Indirectly Generally Generate Advance Simply Particular Know Executed Because Optimal Than Fiat Proceed Information Which Mechanism Mechanisms Prescribing Designed Designers Needed

I'm much more confident with crypto than with banks or fiat currency because I can actually control it, and the money supply is transparent, stated up front. It makes online shopping a lot easier and a lot safer. Erik Voorhees

Shopping Money Control Stated Easier Online More Supply Crypto Safer Because Makes Lot Up Than Currency Front Confident Fiat Banks Much Transparent Actually

An overview of all wars since the establishment of the Bank of England in 1694 suggests that most of them would have been greatly reduced in severity, or perhaps not even fought at all, without fiat money. G. Edward Griffin

Money Severity Would Since Perhaps Most Without Reduced Been Greatly Overview Bank Fiat Establishment Them England Wars Even Fought

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

Today Future Obligations Stress Value Increasing Our Deficit Deficits Security Net Federal Take Calculated Trade Account Currency Fiat Social Creating Large Social Security Growing Medicaid Present

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

Life Anxiety Money Drive Lose Live Luxurious Second-Hand Earn Secret Worry Would About Give Small No Secret Never Had Most Also Obviously Identity Lot Itself Privilege Any Fiat Which Away

A dollar vigilante is a free market individual who protests the government monopoly and financial policies, such as fractional reserve banking and unbacked fiat currencies, by selling those same fiat currencies in favor of other assets, including gold and precious metals. Jeff Berwick

Government Financial Free Monopoly Other Market Those Favor Free Market Individual Policies Protests Metals Dollar Selling Precious Same Gold Fiat Banking Vigilante Who Including Reserve Assets

Avoiding the all-too-typical divisive trappings of a takeover and creating instead a shared transnational culture - this is one of the most important lessons learned from combining Fiat and Chrysler to create FCA. John Elkann

Culture Important Chrysler Shared Divisive Takeover Instead Combining Most Learned Fiat The Most Important Create Creating Transnational Avoiding Trappings Lessons Lessons Learned

When science has sent forth her fiat - it is only to hear and obey. Jules Verne

Science Obey Only Hear Fiat Sent Forth Her

If Warren Buffett could change his mind about investing in airlines, Mohnish Pabrai could change his mind about investing in autos. Pabrai, who has modeled his investment career and fee structure after Buffett's original partnership, counts General Motors, Fiat Chrysler, and Ferrari in his highly concentrated portfolio. Kelly Evans

Change Mind Chrysler Airlines About General Structure General Motors Could Investing Investment Fee Highly Concentrated Counts Partnership His Ferrari Motors Modeled Fiat After Warren Warren Buffett Who Original Portfolio Career

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

I read a lot of history, and I know that once upon a time, a coin was worth $5 if it had $5 worth of gold in it. Now we have paper that is just backed by fiat... Maybe in the new world, something gets backed by consensus. Lloyd Blankfein

A Fiat Panda, it's the best car in the world. Luca Cordero di Montezemolo

Best World Car Fiat

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

Family Money National Unlike Members Totally About Instead Budget Least Existing National Debt Debt Families Die Family Members Infinitely Fiat Being Size Cannot Which Reasons Raise

In 1971, the U.S. 'closed the gold window,' starting an era of global fiat money reference-pricing that has been unprecedented in history. Never before had the world operated on the basis of no country anywhere having a currency tied to something with intrinsic value like gold. Max Keiser

History World Money Value Country Before Closed Has-Been Intrinsic No Country Unprecedented Window Something Having Never Had Like Global Operated Tied Era Been Currency Gold Fiat Anywhere Starting Basis

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

War Financial Seen Consequences Paper System Worthless Financial System Generally Had Mass Huge Debt Beginnings North North America America Revolutionary American Revolutionary War Bank Fiat Banking Central Public Grave Monetary

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

Fiat has assembly plants in Brazil and Argentina. Ratan Tata

Plants Brazil Argentina Fiat Assembly

I mostly drive around in a Fiat 500 TwinAir, and that's a pretty small car! Richard Hammond

Car Drive Pretty Small Mostly Around Fiat

Much to Mr. Obama's chagrin, ours is not a government run by fiat. The American people have shown quite clearly that they will not simply roll over while this administration seeks to undercut our founding principles in pursuit of its preferred European model of government. Trent Franks

Government People Will This Administration Our Ours Run Obama Administration Seeks Pursuit Simply Clearly Over Undercut Principles Model American Roll Quite Fiat While Preferred American People Much European Chagrin Shown Founding

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