Quotes about Cheap Money

Kenneth Fisher

If some stock categories get too hot-and-pricey, mass supply is created via stock offerings to tap that cheap money - and, when overdone, drives it all down.

Max Keiser

Big banks, highly leveraged casinos, do whatever they can to keep the cost of their gambling as cheap as possible. This means keeping interest rates as cheap as possible.

John Lanchester

Cheap money feels like the most natural thing in the world - if you don't think about why it's so cheap.

James Baird Weaver

I am as much opposed as any member here to worthless money, to depreciated money, but unquestionably it is the interest of the great mass of our people that we should have cheap money and dear property; I do not mean worthless money, but I mean cheap money as compared with the property which it buys. Property is held by the many and money by the few.

Most people owned a little land as most of America were still farmers. They had small amounts of money at different times but spent it for necessities. A relatively few people (mostly in the East) had money—gold and paper currency backed by gold. If the price of property was high, only rich could afford to buy it. The home mortgage system did not then exist, so there was no way that the average land owner could get enough money to buy land to expand farms or buy for children unless the price was low. Today, most land owners want the price of land to be high. The financial system in use at the time makes the difference.

Ludwig von Mises

Public opinion always wants easy money, that is, low interest rates.

Ana Patricia Botin

If the government is funding itself at 2 per cent, you know, how much are you going to pay savers if you want to lend money at a cheaper rate? People have the incentive to build a factory or open new stores. It is a trade-off.

Tiffany Haddish

The last bag that I bought myself was a Madden Girl backpack that's really cute. And it was on sale for $45! I'm probably going to be cheap with my money for a long time.

George Osborne

You know the illusion of the cheap money is over and now Britain has to go out there and graft and earn its way and create wealth and prosperity in a very competitive world.

Edward H. Harriman

I have not been selling. In fact, it might prove beneficial by making it possible to get cheaper labor and cheaper money..

This quotation illustrates how the super rich can actually profit from recessions and market crashes. As long as they are rich enough not to have to sell anything at the depressed prices, they have the operational advantages that Harriman articulates plus they can usually buy more assets cheaply. The super rich generally have been able to do very well in economic crashes while the rest of society usually suffers.

Cheap Money Quotes