John Buchanan Robinson Quotes

Money is the kind of instrument which is very speedily produced.

I certainly agree that capital is not a one-dimensional object, and that the return on capital takes very different forms for different assets or different people.

You can't look at the intrinsic value of gold as you can a business. Gold doesn't give you cash flow, and, at the end of the day, cash flow is what is important. Gold doesn't give you dividends.

The amount of currency in circulation is not changing. The money supply is not changing in any significant way.

Both from the standpoint of stocks and bonds, an investor wants to go where the growth is.

The rate of interest acts as a link between income-value and capital-value.

All money is a matter of belief.

It has a sound and rational circulating medium, a real and definite representative of wealth.

I don't think money itself has any causal relationship to nominal GNP. The dominating causal force is interest rates.

Gold and silver afford the only safe foundation for a monetary system.

I avert, that high Interest will bring Money out from Hoards, Plate, etc. into Trade, when low interest will keep it back.

Capital is money, capital is commodities. By virtue of it being value, it has acquired the occult ability to add value to itself. It brings forth living offspring, or, at the least, lays golden eggs.

Money you know you need or want to spend in the next few years is savings. Money you keep handy for an emergency belongs in savings. Money you hope to use soon for a down payment on a house belongs in savings. And all savings belong in a low-risk bank savings account or money market account.

I don't particularly like equities, but I think equities are a better space to be in than bonds.

Interest rate cuts have an effect in stimulating an economy by directly or indirectly making someone, somewhere, spend more than they otherwise would. That extra spending increases demand and ensures that we all carry on with work to do, without us having to slash our prices or our wrists.

Low interest rates are a big opportunity for investment. But the issue is that this money should go to the real economy, not the financial economy.

I never lost money by turning a profit.

I would borrow money all day long, if the cost of borrowing is less than the expected return.

I have long felt that an investment by the Department of Energy of a million dollars a year for the next 30 years would pay a higher return than any other investment this country could ever make.

There is nothing left now for us but to get ever deeper and deeper into debt to the banking system in order to provide the increasing amounts of money the nation requires for its expansion and growth.

What we have to be careful is that if we drop interest rates where the rate of interest is lower than inflation, then savers will not put money in financial savings and move it to gold and real estate, which is bad for India.

I think the Fed is not designed to have effective tools to deal with the economy. It should settle for just controlling the money supply. And - if it insists, it can worry about inflation.

Economics is all about consumption. People either spend money now or they use financial instruments - like bonds, stocks and savings accounts - so they can spend more later.

Capital is kind of a banking concept.

What you pay for an investment is the single biggest determinant for how successful that investment will be. When equity prices are high, your returns will be lower. When they are cheap, your returns will be higher.