New Money Quotes

It's a new year, new year, new money, money!

I think what the American people are going to see down the road is significant inflationary pressure as a result of all this government printed, you know, this new money that the government is putting in.

A big diamond necklace is nouveau riche, really. People who have wealth a long time don't wear such things.

My view is that the bitcoin is in its very early days, and it is an artificial currency. But whether it is creating new money, whether it is sustainable, whether it would survive - I have many questions about it.

When you're first-generation money, you want to say, "I got a Mercedes and a Rolls and a Lamborghini. Take a look." When you're second-generation money, you're very quiet behind your country club doors. I think that's why people are much more aware. It's the first-generation wives that have the huge rings and the second-generation says, "Everyone be quiet as we get on our yacht or our private plane."

So: if the chronic inflation undergone by Americans, and in almost every other country, is caused by the continuing creation of new money, and if in each country its governmental "Central Bank" (in the United States, the Federal Reserve) is the sole monopoly source and creator of all money, who then is responsible for the blight of inflation? Who except the very institution that is solely empowered to create money, that is, the Fed (and the Bank of England, and the Bank of Italy, and other central banks) itself?

There's a lot to be said for being nouveau riche, and the Reagans mean to say it all.

There are black companies that are very active in the economy, that are growing and not on the basis of mergers and acquisitions, but because of putting new money into their particular companies and, therefore, their particular sectors. Indeed, if they didn't do that, they would collapse as companies.

I thought, 'My God, I'm gonna make $15,000 a week for 13 weeks.' What would I do with that kind of money? You know, I had never seen anything like that before in my life.

Our blood will turn from red to blue, although our money is but new.

In short, the early receivers of the new money in this market chain of events gain at the expense of those who receive the money toward the end of the chain, and still worse losers are the people (e.g., those on fixed incomes such as annuities, interest, or pensions) who never receive the new money.