Ludwig von Mises Quotes

If we leave the European Union it's a risk to our economy - it's a risk to pensioners, it's a risk to homeowners, it's a risk to people in work.

Money is a hazard.

The rich man's sons inherits cares; The bank may break, the factory burn, A breath may burst his bubble shares, And soft, white hands could hardly earn A living that would serve his turn.

Most business people today are not going to invest in the uncertainty that exists in America.

As discomfiting as it is to both market optimists and policy activists, a certain amount of instability is inherent to the economy.

The global financial crisis - missed by most analysts - shows that most forecasters are poor at pricing in economic/financial risks, let alone geopolitical ones.

Investors have few spare tires left. Think of the image of a car on a bumpy road to an uncertain destination that has already used up its spare tire. The cash reserves of people have been eaten up by the recent market volatility.

You could be worth $2 billion today and a half a billion tomorrow. It doesn't take much for this to disappear overnight.

Around the district, I've talked to more local bankers who are scared to death.

Markets don't like instability, investors shy away from uncertainty, and consumer confidence goes down in difficult times.

Our global economy is much more fragile than many of us realize.

Physical wealth has not necessarily been very secure.

I wasn't born into money, and you never know when that money's going to stop coming in.

In my business, you could be making money one day, and the next day you could be serving up burgers at McDonald's. So if you want to be able to stay on top of your game, you've got to keep with it.

There is no risk-free path for monetary policy.

I once invested in a risky business. Quite a few people warned me not to do so, but I still went ahead and invested the money.

You look at the U.S. budget deficit, and you cannot help but feel that this is a serious accident waiting to happen. And not just a serious U.S. accident, but a serious global accident.

People in the precariat rely very heavily on money wages.

Economics is not a science; it is a quasi-religion: part superstition, part mystique, part sentimentality. Bankers dream like other men, the only difference being that when their dreams turn to nightmares, we all lose sleep. There can be no trusting the muttering of any prelate when it comes to money.

I don't rely on off-shore tax havens, and I don't want to invest in stocks and shares as we have seen how volatile that game has been since the financial crash.

I don't think anybody has any idea what the economic impact of Brexit will be.

Money comes and goes. I may make a million dollars, then get a divorce and damn near lose all of it.

I always felt very insecure financially as a child. I was desperate to understand money as a child. I was desperate to be secure. Because I always felt like the rug could be pulled from under me.

Uncertainty is bad for business.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done