Economic Transactions Quotes

Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times.

Capitalism is not an 'ism.' It is closer to being the opposite of an 'ism,' because it is simply the freedom of ordinary people to make whatever economic transactions they can mutually agree to.

Markets are lethal, if only because of ignoring externalities, the impacts of their transactions on the environment.

In a free market capitalist system, 'price signals' are everything. Prices are determined by buyers and sellers in the free market, and these prices are broadcast from the exchanges, reaching all corners of the economy - where they are used to transact business.

All things may be bought in Rome with money.

The circulation of commodities is the original precondition of the circulation of money.

Money is for making things happen.

To a proprietor of a mine, the silver money is a produce with which he buys what he has occasion for. To all those through whose hands this silver afterwards passes, it is only the price of the produce which they themselves have raised by means of their property in land, their capitals, or their industry. In selling them they in the first place exchange them for money, and afterwards they exchange the money for articles of consumption.

I think there are moral obligations, and I think there are economic transactions. So I think that chores are good; I think that allowances are good. I think combining them is bad.

There is a physical relation between physical things. But it is different with commodities.

Money is a very complicated problem. The history of money is very curious.

Our economy is the result of millions of decisions we all make every day about producing, earning, saving, investing, and spending.

But then one is always excited by descriptions of money changing hands. It's much more fundamental than sex.

Remember, 'governance' is a big word that includes human rights, freedom of speech, economic transactions on a worldwide basis - it touches everything. It's everywhere, and that's why Internet governance is Topic A in many corners.

To buy deare is not bounty.

This world is a place of business. What an infinite bustle!

At the moment, for example, maybe ten percent of money in the world is related to goods and services. Ninety percent of money is just moving around the world, chasing money. So, money has become the ruler. And we have become the servant.

You can always buy something in English, you can't always sell something in English.

A merchant may, perhaps, be a man of an enlarged mind, but there is nothing in trade connected with an enlarged mind.

If you are moving the informal economy into the formal economy, and if the transactions which for years were never reported as part of GDP are now transacted through banking channels, it will only add to the GDP, not reduce the GDP.

The first inventions of commerce are, like those of all other arts, cunning and short-sighted.