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1 " If you know how to be happy with the wonders of life that are already there for you to enjoy, you don't need to stress your mind and your body by striving harder and harder, and you don't need to stress this planet by purchasing more and more stuff. The Earth belongs to our children. We have already borrowed too much from it, from them; and the way things have been going, we're not sure we'll be able to give it back to them in decent shape. And who are our children, actually? They are us, because they are our own continuation. So we've been shortchanging our own selves. Much of our modern way of life is permeated by mindless overborrowing. The more we borrow, the more we loser. That's why it's critical that we wake up and see we don't need to do that anymore. What's already available in the here and now is plenty for us to be nourished, to be happy. Only that kind of insight will get us, each one of us, to stop engaging in the compulsive, self-sabotaging behaviors of our species. We need a collective awakening. One Buddha is not enough. All of us have to become Buddhas in order for our planet to have a chance. Fortunately, we have the power to wake up, to touch enlightenment from moment to moment, in our very own ordinary and, yes, busy lives. So let's start right now. Peace is your every breath. "
― Thich Nhat Hanh , Peace Is Every Breath: A Practice for Our Busy Lives
2 " No, I am not imagining a book-burning, warmongering, anti-intellectual fascist regime – in my plan, there is no place for re ghters who light up the Homers and Lady Murasakis and Cao Xueqins stashed under your bed – because, for starters, I’m not banning literature per se. I’m banning the reading of literature. Purchasing and collecting books and other forms of literature remains perfectly legitimate as long as you don’t peruse the literature at hand. "
― Kyoko Yoshida
3 " A crisp, clean $100 bill that is crumbled up, thrown to the ground, stepped on and rubbed in the dirt still maintains its value.Life may crumble you, throw you to the ground, step on you and rub you in the dirt, but you still maintain your value.Just as a crumbled up $100 bill still has purchasing power, your life still has purposeful power; and nothing or no one can ever take that away from you. "
― DeWayne Owens
4 " Conscience is the true power. It resides within us. The intention to be absolutely truthful and the willingness to put the benefit of all before personal benefit hold the power to change the world. !is intention and willingness is of course ethical choice, but it is also the most natural, reasonable, and intelligent choice when we realize what we really are. If people begin to use the full power of conscience in all the choices they make in their everyday life, from presidential elections to purchasing things in the grocery store, the world will change. "
― Ilchi Lee , Change: Realizing Your Greatest Potential
5 " Restrictionism, however, demands positive sacrifices from the national exchequer when it is carried out by the withdrawal of notes from circulation (say through the issue of interest-bearing bonds or through taxation) and their cancellation.The unpopularity of restrictionism has other causes as well. Attempts to raise the objective exchange-value of money, in the circumstances that have existed, have necessarily been limited either to single States or to a few States and at the best have had only a very small prospect of simultaneous realization throughout the whole world. Now as soon as a single country or a few countries go over to a money with a rising purchasing power, while the other countries retain a money with a falling or stationary exchange-value, or one which although it may be rising in value is not rising to the same extent, then, as has been demonstrated above, the conditions of international trade are modified. In the country whose money is rising in value, exportation becomes more difficult and importation easier. "
― Ludwig von Mises , The Theory of Money and Credit
6 " Let us merely discuss the question, what consequences would necessarily follow if, ceteris paribus, with an increasing quantity of money, prices were restricted to the old level by official compulsion? An increase in the quantity of money leads to the appearance in the market of new desire to purchase, which had previously not existed; 'new purchasing power', it is usual to say, has been created. If the new would-be purchasers compete with those that are already in the market, then, so long as it is not permissible to raise prices, only part of the total purchasing power can be exercised. "
7 " When a country has substituted credit money or fiat money for metallic money, because the legal equating of the over-issued paper and the metallic money sets in motion the mechanism described by Gresham's Law, it is often asserted that the balance of payments determines the rate of exchange. But this also is a quite inadequate explanation. The rate of exchange is determined by the purchasing power possessed by a unit of each kind of money. "
― Ludwig von Mises , Theory and History: An Interpretation of Social and Economic Evolution
8 " Naive inflationism demands an increase in the quantity of money without suspecting that this will diminish the purchasing power of the money. "
9 " Other inflationists realize very well that an increase in the quantity of money reduces the purchasing power of the monetary unit. But they endeavour to secure inflation none-the-less, because of its effect on the value of money; they want depreciation, because they want to favour debtors at the expense of creditors and because they want to encourage exportation and make importation difficult. "
10 " Big variations in the value of money give rise to the danger that commerce will emancipate itself from the money which is subject to State influence and choose a special money of its own. But without matters going so far as this it is still possible for all the consequences of variations in the value of money to be eliminated if the individuals engaged in economic activity clearly recognize that the purchasing power of money is constantly sinking and act accordingly. If in all business transactions they allow for what the objective exchange-value of money will probably be in the future, then all the effects on credit and commerce are finished with. In proportion as the Germans began to reckon in terms of gold, so was further depreciation rendered incapable of altering the relationship between creditor and debtor or even of influencing trade. By going over to reckoning in terms of gold, the community freed itself from the inflationary policy of the government. Thus it checkmated this inflationary policy, and eventually even the government was obliged to acknowledge gold as a basis of reckoning. "
11 " Consistently and uninterruptedly continued inflation must eventually lead to collapse. The purchasing power of money will fall lower and lower, until it eventually disappears altogether. It is true that an endless process of depredation can be imagined. We can imagine the purchasing power of money getting continually lower without ever disappearing altogether, and prices getting continually higher without it ever becoming impossible to obtain commodities in exchange for notes. Eventually this would lead to a situation in which even retail transactions were in terms of millions and billions and even higher figures; bu t the monetary system itself would remain. But such an imaginary state of affairs is hardly within the bounds of possibility. In the long run, a money which continually fell in value would have no commercial utility. It could not be used as a standard of deferred payments. For all transactions in which commodities or services were not exchanged for cash, another medium would have to be sought. In fact, a money that is continually depreciating becomes useless even for cash transactions. Everybody attempts to minimize his cash reserves, which are a source of continual loss. "
12 " It is no more appropriate to speak of a difference between the purchasing power of money in Germany and in Austria than it would be justifiable to conclude from differences between the prices charged by hotels on the peaks and in the valleys of the Alps that the objective exchange-value of money is different in the two situations and to formulate some such proposition as that the purchasing power of money varies inversely with the height above sea-level. The purchasing power of money is the same everywhere "
13 " To recapitulate: the exchange-ratio subsisting between commodities and money is everywhere the same. But men and their wants are not everywhere the same, and neither are commodities. Only if these distinctions are ignored is it possible to speak of local differences in the purchasing power of money or to say that living is dearer in one place than in another. "
14 " Even if index numbers cannot fulfill the demands that theory has to make, they can still, in spite of their fundamental shortcomings and the inexactness of the methods by which they are actually determined, perform useful workaday services for the politician. If we have no other aim in view than the comparison of points of time that lie close to one another, then the errors that are involved in every method of calculating numbers may be so far ignored as to allow us to draw certain rough conclusions from them. Thus, for example, it becomes possible to a certain extent to span the temporal gap that lies, in a period of variation in the value of money, between movements of Stock Exchange rates and movements of the purchasing power that is expressed in the prices of commodities. "
15 " So far as variations in the objective exchange-value of money are foreseen, they influence the terms of credit transactions. If a future fall in the purchasing power of the monetary unit has to be reckoned with, lenders must be prepared for the fact that the sum of money which a debtor repays at the conclusion of the transaction will have a smaller purchasing power than the sum originally lent. Lenders, in fact, would do better not to lend at all, but to buy other goods with their money. The contrary is true for debtors. If they buy commodities with the money they have borrowed and sell them again after a time, they will retain a surplus over and above the sum that they have to pay back. The credit transaction results in a gain for them. Consequently it is not difficult to understand that, so long as continued depreciation is to be reckoned with, those who lend money demand higher rates of interest and those who borrow money are willing to pay the higher rates. If, on the other hand, it is expected that the value of money will increase, then the rate of interest will be lower than it would otherwise have been. "
16 " You can't purchase me with a bunch of stones." " I wouldn't dream of purchasing you." Cullen laughed low in his chest and smiled, this time showing even white teeth. " You're too much trouble. I thought I'd just steal you for a bit. "
17 " Here then is an infallible criterion, by which the nation may judge of the intentions of those who govern it ... if they corrupt the morals of the people, spread a taste for luxury, effeminacy, a rage for licentious pleasures, - if they stimulate the higher orders to a ruinous pomp and extravagance, - beware, citizens! beware of those corruptors! they only aim at purchasing slaves in order to exercise over them an arbitrary sway. "
18 " What is the true cost of a purchasing decision that goes wrong? "
19 " Though most tourists accepted the occasional comic misadventure, it was important to them that overall their vacation should be pleasant. When you spend money on a holiday you are essentially purchasing happiness: if you don't enjoy yourself you will feel defrauded. "
― Alison Lurie , The Last Resort
20 " You could buy a company of people with your wealth, but would never succeed in purchasing their love. "
