Dudley North Quotes

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

When all things are considered, it will be found best for the Nation to leave the Borrowers and the Lender to make their own Bargains, according to the Circumstances they lie under

If you want to know the value of money, try and borrow some.

In precisely the same way money is often hired, and the hire paid for the use of it is called Interest.

It may be said, let him take Money at Interest, and not buy at Time. But then Men must be found, that will lend; the Legislative must provide a Fund to borrow upon.

If you would know the value of money, go and try to borrow some.

I am not that good a manager for me to be comfortable borrowing someone else's money.

Financial service providers act as the lubricating oil in the economy. They link consumers who want to invest their savings for a good return with companies who want to borrow on best terms for expansion.

I like owning dirt. You know, I spent a lot of time broke when I moved to California. So deep in my soul is still this idea of being unemployed. To me, owning land means you could sell it at some point and have money.

Credit is the lifeblood of business, the lifeblood of prices and jobs.

When Interest is less, Trade is incourag'd, and the Merchant can be a Gainer; whereas, when it is great, the Usurer, or Money-owner takes all. The Dutch, with whom Interest is low, Trade cheaper, and under-sell us.

In its beginnings, the credit system sneaks in as a modest helper of accumulation and draws by invisible threads the money resources scattered all over the surface of society into the hands of individual or associated capitalists. But soon it becomes a new and formidable weapon in the competitive struggle, and finally it transforms itself into an immense social mechanism for the centralization of capitals.

There is first the great question between direct taxation and loans. Shall we lay the whole burden of the contest upon the present generation, or divide it between ourselves and posterity ? By an almost universal law of our nature, money lightly gained is lightly spent: a revenue raised at the expense of posterity is sure to be squandered waste fully. Waste, as usual, begetting want, the sums raised by loans will commonly be large. Now these large sums are a mortgage on all the property, on all the industry, on all the skill and ability of a country for ever.

Money is the seed of money, and the first guinea is sometimes more difficult to acquire than the second million.

Credit is a promise to deliver money. It will produce GDP but you'll create credit... So you reach a certain point that that you can't do that anymore... There are choices. And how do we best support, apportion the money? How much is going to be transferred?

Business is other people's money.

I try to do the right thing with money. Save a dollar here and there, clip some coupons. Buy ten gold chains instead of 20. Four summer homes instead of eight.

Here's how I think of my money - as soldiers - I send them out to war everyday. I want them to take prisoners and come home, so there's more of them.

What is a permanent loan but a mortgage upon the wealth and industry of the country? It is the only form of indebtedness, as experience has shown, by which heavy and durable encumbrance can be laid upon the community.

Let me remind you that credit is the lifeblood of business, the lifeblood of prices and jobs.

Business? It's quite simple; it's other people's money.

Neither a borrower nor a lender be.

So that it cannot be denied, but the lowering of Interest may, and probably will keep some Money from coming abroad into Trade; whereas on the contrary, high Interest certainly brings it out.

I like to keep my money at the end of the day.

Money looks better in the bank than on your feet.