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1 " The problem is, we always want to pay the prices we can afford. "
2 " According to the current view, the maintenance of sound monetary conditions is only possible with a 'credit balance of payments'.The confutation of this and related objections is implicit in the Quantity Theory and in Gresham's Law. The Quantity Theory shows that money can never permanently flow abroad from a country in which only metallic money is used (the 'purely metallic currency' of the Currency Principle). The tightness in the domestic market called forth by the efflux of part of the stock of money reduces the prices of commodities, and so restricts importation and encourages exportation, until there is once more enough money at home. The precious metals which perform the function of money are distributed among individuals, and consequently among separate countries, according to the extent and intensity of the demand of each for money. State intervention to assure to the community the necessary quantity of money by regulating its international nlovements is supererogatory. "
― Ludwig von Mises , The Theory of Money and Credit
3 " Speculation does not determine prices; it has to accept the prices that are determined in the market. I ts efforts are directed to correctly estimating future price-situations, and to acting accordingly. The influence of speculation cannot alter the average level of prices over a given period; what it can do is to diminish the gap between the highest and the lowest prices. "
4 " The supplementary quantity of gold that streams from it into commerce goes at first to the owners of the mine and then by turns to those who have dealings with them. If we schematically divide the whole community into four groups, the mine-owners, the producers of luxury goods, the remaining producers, and the agriculturalists, the first two groups will be able to enjoy the benefits resulting from the reduction in the value of money, the former of them to a greater extent than the latter. But even as soon as we' reach the third group, the situation is altered. The profit obtained by this group as a result of the increased demands of the first two will already be offset to some. extent by the rise in the prices of luxury goods which will have experienced the full effect of the depreciation by the time it begins to affect other goods. Finally, for the fourth group, the whole process will result in nothing but loss. "
5 " As a rule, however, an increase in the value of money spreads only gradually. The first of those who have to content themselves with lower prices than before for the commodities they sell, while they still have to pay the old higher prices for the commodities they buy, are those who are injured by the increase in the value of money. Those, however, who are the last to have to reduce the prices of the commodities they sell, and have meanwhile been able to take advantage of the fall in the prices of other things, are those who profit by the change. "
6 " Local differences in the prices of commodities whose natures are technologically identical are to be explained on the one hand by differences in the cost of preparing them for consumption (expenses of transport, cost of retailing etc.) and on the other hand by the physical and legal obstacles that restrict the mobility of commodities and human beings. "
7 " 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 "
8 " 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. "
9 " Let's just go in and enjoy ourselves,' Yvonne had said after a long moment when the Hitchens family had silently reviewed the menu—actually of the prices not the courses—outside a restaurant on our first and only visit to Paris. I knew at once that the odds against enjoyment had shortened (or is it lengthened? I never remember). "
― Christopher Hitchens , Hitch 22: A Memoir
10 " I thought you'd be interested in these things as a government man. Ain't you mixed up in the prices of things we eat or something? Ain't that it? Making them more costly or something. Making the grits cost more and the grunts less? "
― Ernest Hemingway , To Have and Have Not
11 " Recent evidence confirms that retail prices of essential consumer goods in poor countries are not appreciably lower than in the United States or Western Europe. In fact, with deregulation and " free trade" , the cost of living in many Third World cities is now higher than in the United States. My experience in Latin America and Haiti is that the prices of meat, fish and fresh vegetables are about the same as in the United States. Can you imagine eating on less than one dollar a day? "
12 " So much about life in a global economy feels as though it has passed beyond the individual's control--what happens to our jobs, to the prices at the gas station, to the vote in the legislature. But somehow food still feels a little different. We can still decide, every day, what we're going to put into our bodies, what sort of food chain we want to participate in. We can, in other words, reject the industrial omelet on offer and decide to eat another. "
― Michael Pollan , The Omnivore's Dilemma: A Natural History of Four Meals
13 " The first people to get the new money are the counterfeiters, which they use to buy various goods and services. The second receivers of the new money are the retailers who sell those goods to the counterfeiters. And on and on the new money ripples out through the system, going from one pocket or till to another. As it does so, there is an immediate redistribution effect. For first the counterfeiters, then the retailers, etc. have new money and monetary income they use to bid up goods and services, increasing their demand and raising the prices of the goods that they purchase. But as prices of goods begin to rise in response to the higher quantity of money, those who haven't yet received the new money find the prices of the goods they buy have gone up, while their own selling prices or incomes have not risen. 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 N. Rothbard
14 " Is it possible thatwe ‘hate’ politics because we have forgotten its specifi c and limitednature, its overwhelming value, and also its innate fragility? Could it bethat our expectations are so high that politics appears almost destinedto disappoint? Democratic politics cannot make ‘every sad heart glad’,as Crick argued, nor did it ever promise to do so. But not alwaysgetting what you want, an awareness that public governance is oftenslow and bureaucratic, a frustration that some decisions are hard tounderstand or have to be made in secret, disbelief and anger at the selfinterestedbehaviour of a small number of politicians, and an acceptancethat some people will always take out more from the system thanthey put in—these are the prices you pay for living in a democracy. "
15 " Is it possible that we ‘hate’ politics because we have forgotten its specific and limited nature, its overwhelming value, and also its innate fragility? Could it be that our expectations are so high that politics appears almost destined to disappoint? Democratic politics cannot make ‘every sad heart glad’, as Crick argued, nor did it ever promise to do so. But not always getting what you want, an awareness that public governance is often slow and bureaucratic, a frustration that some decisions are hard to understand or have to be made in secret, disbelief and anger at the selfinterested behaviour of a small number of politicians, and an acceptance that some people will always take out more from the system than they put in—these are the prices you pay for living in a democracy. "
16 " It will be the obvious result of this that the prices of the goods concerned will rise, and that the objective exchange-value of money will fall in comparison. But this rise of prices will by no means be restricted to the market for those goods that are desired by those who originally have the new money at their disposal. In addition, those who have brought these goods to market will have their incomes and their proportionate stocks of money increased and, in their tum, will be in a position to demand more intensively the goods they want, so that these goods will also rise in price. Thus the increase of prices continues, having a diminishing effect, until all commodities, some to a greater and some to a lesser extent, are reached by it. "
17 " It is not in the power of governments to increase the supply of one commodity without a corresponding restriction in the supply of other commodities more urgently demanded by consumers. The authority may reduce the price of one commodity only by raising the prices of others. "
― Ludwig von Mises , Omnipotent Government
18 " Wisdom of the Ages: " The Nativity" The Son of God was born in a manger-not surprising, have you seen the prices of hotel rooms in Bethlehem? Oy Vay! Merry Christmas, Happy Hannukah Peace! "
19 " Due to climate change and growing world population, the demand for vital requirements for human survival will continue to rise. If the world is not producing as much food as demanded, the prices will continue to rise affecting the poor and lower classes more, in every society. It is sad, looking at the shocking statistics of people who die every day as well as the spread of preventable diseases in developing nations, just because people do not have access to clean drinking water. So are we proud of our leadership contribution? Are we doing enough to increase food production, harvest rain water and replenish underground water reserves? "
― Archibald Marwizi , Making Success Deliberate
20 " If you want more people to come to the theatre, don't put the prices at £50. You have to make theatre inclusive, and at the moment the prices are exclusive. Putting TV stars in plays just to get people in is wrong. You have to have the right people in the right parts. Stunt casting and being gimmicky does the theatre a great disservice. You have to lure people by getting them excited about a theatrical experience. "
― Catherine Tate
