In short, the early receivers of the new money in this market chain of events gain at the expense of those who receive the money toward the end of the chain, and still worse losers are the people (e. g., those on fixed incomes such as annuities, interest, or pensions) who never receive the new money at all.
Murray RothbardRelated topics
chain early end expense gain interest market money receive short worseRelated quotes
Those only are happy who have their minds fixed on some object other than their own happiness; on the happiness of others, on the improvement of mankind, even on some art or pursuit, followed not as a means, but as itself an ideal end. Aiming thus at something else, they find happiness by the way.
John Stuart Mill
The last thing I want to turn into is a fat Hollywood jerk. I was brought up without much money and I was happy. I don't think that I will strive for money or success and end up greedy or big-headed. That only leads to unhappiness. I can still be down-to-earth and do this job as long as I enjoy it.
Leonardo DiCaprio
In the old days pictures went forward toward completion by stages. Every day brought something new. A picture used to be a sum of additions. In my case a picture is a sum of destructions. I do a picture - then I destroy it. In the end though, nothing is lost: the red I took away from one place turns up somewhere else.
Pablo Picasso
...when a society is reaching its end, in the last couple of centuries you have... a misplacement of satisfactions. You find your emotional satisfaction in making a lot of money... or in proving to the poor, half-naked people in Southeast Asia that you can kill them in large numbers.
Carroll Quigley
The last thing I'd say is that you can achieve a lot of things in politics. You can get a lot of things done. And that, in the end - the public service, the national interest: that is what it's all about. Nothing is really impossible if you put your mind to it. After all, as I once said: I was the future once.
David Cameron