Economics Quotes

"Price is what you pay. Value is what you get" "Socialism doesn't work because people need to be free" "Money is better than poverty, if only for financial reasons" "The best way to destroy the capitalist system is to debauch the currency" "The production of too many useful things results in too many useless people" "The market is not an invention of capitalism. It has existed for centuries. It is an invention of civilization." "You don't pay taxes, they take taxes" "Price is what you pay; value is what you get" "Tell me how much a dollar cost" "A bank is a place where they lend you an umbrella in fair weather and ask for it back when it begins to rain." "It is much easier to scam people for billions than it is to scam them for millions" "If a free society cannot help the many who are poor, it cannot save the few who are rich" "All the real benefits in life come from compound interest" "Here are additional quotes by Charlie Munger:" "Sometimes your best investments are the ones you don’t make"