"The magic of compounding interest is truly the eighth wonder of the world!"
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Banking is necessary - banks are not.
Money is a guarantee that we may have what we want in the future. Though we need nothing at the moment it insures the possibility of satisfying a new desire when it arises.
... No one is less happy than I am with the performance of Microsoft stock! I've lost tens of billions of dollars this year - if you check, you'll see that's more than most people make in a lifetime!
Money was intended to be used in exchange, but not to increase at interest. And this term interest, which means the birth of money from money, is applied to the breeding of money because the offspring resembles the parent. Wherefore... ...
"The most powerful force in the world is compound interest."
Bring your desires down to your present means. Increase them only when your increased means permit.
"Hey, guess what? Turns out the free market? Not so free. Wall Street was hit hard Monday when Lehman Brothers filed for bankruptcy, Merrill Lynch was sold to Bank of America, and insurance giant AIG neared a collapse of its... ...
I have to admit that business-type thoughts do sneak into my head: I hope our customers pay us, I hope this stuff is decent, I hope we get it done on time. The little additions and subtractions that one has... ...
I think any statement about stock prices is always suspect unless it's made by Warren Buffett.
I'm quite worried about the fiscal imbalances that we've got and what that might mean in terms of financial crisis ahead.
"Compound interest on debt was the banker's greatest invention, to capture, and enslave, a productive society."