Forbes Money Quotes

We've searched our database for all the quotes and captions related to Forbes Money. Here they are! All 87 of them:

Don't blow off another's candle for it won't make yours shine brighter.
Jaachynma N.E. Agu (The Prince and the Pauper)
Don't set your goals by what other people deem important.
Jaachynma N.E. Agu (The Prince and the Pauper)
Dare to be different. Represent your maker well and you will forever abide in the beautiful embrace of his loving arms.
Jaachynma N.E. Agu (The Prince and the Pauper)
Accept responsibilities for all your actions. Learn from your past and your mistakes.
Jaachynma N.E. Agu
God rewards every act of obedience to His Will.
Jaachynma N.E. Agu (The Prince and the Pauper)
The presence of God is so important in the life of believers. There is abundance of all you need to make your life comfortable in His presence.
Jaachynma N.E. Agu (The Prince and the Pauper)
Drown those degrading thoughts.
Jaachynma N.E. Agu
Desire to give and not always receive.
Jaachynma N.E. Agu
Don`t complain, Don`t compromise.
Jaachynma N.E. Agu
Desire to impact lives! Change destinies and make dreams come true.
Jaachynma N.E. Agu
I made my money the old-fashioned way. I was very nice to a wealthy relative right before he died. —MALCOLM FORBES
Kevin Kwan (Rich People Problems (Crazy Rich Asians, #3))
Another way of remaining in intimacy with God is by remaining in His presence.
Jaachynma N.E. Agu (The Prince and the Pauper)
Build up your faith while starving the fears.
Jaachynma N.E. Agu
Avoid conflicts, Embrace cordiality.
Jaachynma N.E. Agu
Life is beautiful if you take the best option.
Jaachynma N.E. Agu
Anyaele Sam Chiyson Leadership Law of Reproduction: Distinguished leaders impress, inspire and invest in other leaders.
Anyaele Sam Chiyson (The Sagacity of Sage)
Anyaele Sam Chiyson Leadership Law of Influence: It takes an influential leader to excellently raise up leaders of influence.
Anyaele Sam Chiyson (The Sagacity of Sage)
The giver is the blessed! The receiver stands still.
Jaachynma N.E. Agu
Ride higher in life unto the higher life.
Jaachynma N.E. Agu
Sow the right words! Think the good thought.
Jaachynma N.E. Agu
Light is life and always wins.
Jaachynma N.E. Agu
Don`t turn around in circles for making circles do not equate making progress.
Jaachynma N.E. Agu
Anyaele Sam Chiyson Leadership Law of Leading: Superlative leaders are fully equipped to deliver in destiny; they locate eternally assigned destines.
Anyaele Sam Chiyson (The Sagacity of Sage)
Anyaele Sam Chiyson Leadership Law of Legacy: Supreme leaders determine where generations are going and develop outstanding leaders they pass the baton to.
Anyaele Sam Chiyson (The Sagacity of Sage)
Anyaele Sam Chiyson Leadership Law of Effectual Change: Good leaders value change, they accomplish a desired change that gets the organization and society better.
Anyaele Sam Chiyson (The Sagacity of Sage)
Anyaele Sam Chiyson Leadership Law of Development: Surpassing leaders progress advancely from a lower to a higher state of leadership through leading other leaders the right way.
Anyaele Sam Chiyson (The Sagacity of Sage)
Anyaele Sam Chiyson Leadership Law of Prosperity: Great leaders teach other leaders the infinite intelligence that enables them to have plenty of all things and live the good life.
Anyaele Sam Chiyson (The Sagacity of Sage)
You are created with a mandate! You have all you need to fulfill it.
Jaachynma N.E. Agu
Choices, options, decisions abound. Choose right, take the best option and decide well.
Jaachynma N.E. Agu
In your emotions: exercise Joy over sadness.
Jaachynma N.E. Agu
Shine forth your light before all beings.
Jaachynma N.E. Agu
Anyaele Sam Chiyson Leadership Law of Advancement: Notable leaders chart the course of action that causes other leaders to progress toward reaching a goal and raising the status of power.
Anyaele Sam Chiyson (The Sagacity of Sage)
Anyaele Sam Chiyson Leadership Law of Responsibility: Great leaders greet their geniuses through their greatest power of choice, principle-based living and highest means of expressing their voice.
Anyaele Sam Chiyson (The Sagacity of Sage)
Anyaele Sam Chiyson Leadership Law of Successful Results: Renowned leaders strive for victory and outdo their previous successes, they do what it takes to recognize an opportunity and pounce on it rightly to achieve great results.
Anyaele Sam Chiyson (The Sagacity of Sage)
Shout out for Joy! Don`t scream out in fear for victors shout and victims scream.
Jaachynma N.E. Agu
Forget yesterday, Act on Today and Get a hold on tomorrow.
Jaachynma N.E. Agu
Move forward for forward is progress but circles are movement.
Jaachynma N.E. Agu
It turns out horrendous when you choose the wrong options.
Jaachynma N.E. Agu
You have been called to a life of blessing, don`t descend to that of curses.
Jaachynma N.E. Agu
Sow good seeds for a good yield.
Jaachynma N.E. Agu
Be positive at all times! Leave out the negatives.
Jaachynma N.E. Agu
There is seed time and harvest, choose to sow at the right time so as to have a bountiful harvest.
Jaachynma N.E. Agu
Have the best course for all your actions.
Jaachynma N.E. Agu
Always contend for the good!
Jaachynma N.E. Agu
Decide to be rich! Hate poverty strong.
Jaachynma N.E. Agu
Don`t descend to the lowest ebb.
Jaachynma N.E. Agu
Eschew evil and it`s machinations.
Jaachynma N.E. Agu
God takes us through life`s journey. Always nudging our Spirits to go for plus and shun the minus.
Jaachynma N.E. Agu
Relish what is good and expedient.
Jaachynma N.E. Agu
Stand out tall amidst challenges! Dwarf all irrelevant voices.
Jaachynma N.E. Agu
Shun darkness and evil vices for they that embrace them wear off with time!
Jaachynma N.E. Agu
There is a ladder to Success! Choose to climb it.
Jaachynma N.E. Agu
Options abound world over, Options to choose from and be the best.
Jaachynma N.E. Agu
Even Annie did not then know that it was the soul's hunger, the vague sense of a need which nothing but the God of human faces, the God of the morning and of the starful night, the God of love and self-forgetfulness, can satisfy, that sent her money-loving, poverty-stricken, pining, grumbling old aunt out staring towards the east. It is this formless idea of something at hand that keeps men and women striving to tear from the bosom of the world the secret of their own hopes. How little they know what they look for in reality is their God! This is that for which their heart and their flesh cry out.
George MacDonald (Alec Forbes of Howglen)
The richest person in the world - in fact, all the riches in the world - couldn't provide you with anything like the endless, incredible loot available in your local library. You can measure the awareness, the breadth and the wisdom of a civilization, a nation, a people by the priority given to preserving these repositories of all that we are, all that we were, or will be. Our libraries are being eroded alarmingly by inflation. It behooves us - all of us - to stop the rot by the application of that prime preserver - money.
Malcolm Forbes
CEO Gil Amelio stumbled. Ellison may have been baffled when Jobs insisted that he was not motivated by money, but it was partly true. He had neither Ellison’s conspicuous consumption needs nor Gates’s philanthropic impulses nor the competitive urge to see how high on the Forbes list he could get. Instead his ego needs and personal drives led him to seek fulfillment by creating a legacy that would awe people. A dual legacy, actually: building innovative products and building a lasting company. He wanted to be in the pantheon with, indeed a notch above, people like Edwin Land, Bill Hewlett, and David Packard. And the best way to achieve all this was to return to Apple and reclaim his kingdom. And yet when the cup of power neared his lips, he became strangely hesitant, reluctant, perhaps coy. He returned to Apple officially in January 1997 as a part-time advisor, as he had told Amelio he would. He began to assert himself in some personnel areas, especially in protecting his people who had made the transition from NeXT. But in most other ways he was unusually passive. The decision not to ask him to join the board offended him, and he felt demeaned
Walter Isaacson (Steve Jobs)
He had told Larry Ellison that his return strategy was to sell NeXT to Apple, get appointed to the board, and be there ready when CEO Gil Amelio stumbled. Ellison may have been baffled when Jobs insisted that he was not motivated by money, but it was partly true. He had neither Ellison’s conspicuous consumption needs nor Gates’s philanthropic impulses nor the competitive urge to see how high on the Forbes list he could get. Instead his ego needs and personal drives led him to seek fulfillment by creating a legacy that would awe people. A dual legacy, actually: building innovative products and building a lasting company. He wanted to be in the pantheon with, indeed a notch above, people like Edwin Land, Bill Hewlett, and David Packard. And the best way to achieve all this was to return to Apple and reclaim his kingdom.
Walter Isaacson (Steve Jobs)
Forbes cost of living extremely well index (CLEWI) An amazing thing I came across while researching the question of just what it is that very very rich people do with their money. As Forbes says, the CLEWI is to the very rich what the CPI is to “ordinary people.” There are forty items on it, and they are hilarious, though perhaps you shouldn’t show them to your left-wing aunt if she’s suffering from high blood pressure: Russian sable fur coats from Bloomingdale’s, shirts from Turnbull and Asser, Gucci loafers, handmade John Lobb shoes, a year at Groton boarding school, a yacht, a horse, a pool, a Learjet, a Roller, a case of Dom Perignon, forty-five minutes at a psychiatrist’s on the Upper East Side (!), an hour’s estate planning with a lawyer, and, amusingly/annoyingly, a year at Harvard.36 In 2012, the CLEWI went up 2.6 percent but the CPI went up only 1.4 percent.
John Lanchester (How to Speak Money: What the Money People Say-And What It Really Means: What the Money People Say―And What It Really Means)
The explosion of government and spending under Obama insured that while the rest of the nation continued to suffer stagnant job growth and slow housing sales long past the time when a recovery should have been underway, one city was booming like a five-year-long Led Zeppelin drum solo: Washington, D.C. According to the 2014 Forbes ranking of the ten richest counties in America, none were in New York, California, or Texas. Before Obama took office, five of the richest counties surrounded Washington, D.C. Now, seven years after Obama took office on his promise to rid the place of big money lobbyists, and Democrats assumed complete control of the White House and Congress for two years, six of the richest counties surround Washington, D.C. Bear in mind that unlike Texas or California, where money is generated by creating products people actually need, such as oil or computers, Washington, D.C., produces nothing but government. In other words, six of the ten richest counties in America got that rich by being parasites. A case could be made that under the current leadership, crony capitalism is more rewarding than actual capitalism. And with all that government around business people’s necks, it’s certainly a heckuva lot easier.
Mike Huckabee (God, Guns, Grits, and Gravy: and the Dad-Gummed Gummint That Wants to Take Them Away)
she feels lucky to have a job, but she is pretty blunt about what it is like to work at Walmart: she hates it. She’s worked at the local Walmart for nine years now, spending long hours on her feet waiting on customers and wrestling heavy merchandise around the store. But that’s not the part that galls her. Last year, management told the employees that they would get a significant raise. While driving to work or sorting laundry, Gina thought about how she could spend that extra money. Do some repairs around the house. Or set aside a few dollars in case of an emergency. Or help her sons, because “that’s what moms do.” And just before drifting off to sleep, she’d think about how she hadn’t had any new clothes in years. Maybe, just maybe. For weeks, she smiled at the notion. She thought about how Walmart was finally going to show some sign of respect for the work she and her coworkers did. She rolled the phrase over in her mind: “significant raise.” She imagined what that might mean. Maybe $2.00 more an hour? Or $2.50? That could add up to $80 a week, even $100. The thought was delicious. Then the day arrived when she received the letter informing her of the raise: 21 cents an hour. A whopping 21 cents. For a grand total of $1.68 a day, $8.40 a week. Gina described holding the letter and looking at it and feeling like it was “a spit in the face.” As she talked about the minuscule raise, her voice filled with anger. Anger, tinged with fear. Walmart could dump all over her, but she knew she would take it. She still needed this job. They could treat her like dirt, and she would still have to show up. And that’s exactly what they did. In 2015, Walmart made $14.69 billion in profits, and Walmart’s investors pocketed $10.4 billion from dividends and share repurchases—and Gina got 21 cents an hour more. This isn’t a story of shared sacrifice. It’s not a story about a company that is struggling to keep its doors open in tough times. This isn’t a small business that can’t afford generous raises. Just the opposite: this is a fabulously wealthy company making big bucks off the Ginas of the world. There are seven members of the Walton family, Walmart’s major shareholders, on the Forbes list of the country’s four hundred richest people, and together these seven Waltons have as much wealth as about 130 million other Americans. Seven people—not enough to fill the lineup of a softball team—and they have more money than 40 percent of our nation’s population put together. Walmart routinely squeezes its workers, not because it has to, but because it can. The idea that when the company does well, the employees do well, too, clearly doesn’t apply to giants like this one. Walmart is the largest employer in the country. More than a million and a half Americans are working to make this corporation among the most profitable in the world. Meanwhile, Gina points out that at her store, “almost all the young people are on food stamps.” And it’s not just her store. Across the country, Walmart pays such low wages that many of its employees rely on food stamps, rent assistance, Medicaid, and a mix of other government benefits, just to stay out of poverty. The
Elizabeth Warren (This Fight Is Our Fight: The Battle to Save America's Middle Class)
Since I’ve become a central banker, I’ve learned to mumble with great incoherence. If I seem unduly clear to you, you must have misunderstood what I said.
Steve Forbes (Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It)
People don’t mind your being rich if you made the money yourself; what they don’t like is your inheriting wealth. And the evidence is clear that the vast majority of Forbes billionaires are self-made.
Anonymous
At the G-20 meeting in Paris in 2011, finance ministers expressed fears that U.S.-driven global inflation was threatening global stability. George Melloan was among those who made the connection between this unrest and QE. He acknowledged in the Wall Street Journal: “Probably few of the protesters in the streets connect their economic travail to Washington. But central bankers do.” To appreciate the depth of political upheaval created by the 2008 financial crisis, just tally the power shifts that occurred in its wake. In addition to the turmoil in the Middle East, 13 out of 17 European governments changed over as a result of the initial financial crisis. In the United States, the stock market panic in September 2008 reversed the slight lead of John McCain and helped sweep the far-left Barack Obama into office.
Steve Forbes (Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It)
At 5:00 a.m. the clubs get going properly; the Forbes stumble down from their loggias, grinning and swaying tipsily. They are all dressed the same, in expensive striped silk shirts tucked into designer jeans, all tanned and plump and glistening with money and self-satisfaction. They join the cattle on the dance floor. Everyone is wrecked by now and bounces around sweating, so fast it’s almost in slow motion. They exchange these sweet, simple glances of mutual recognition, as if the masks have come off and they’re all in on one big joke. And then you realize how equal the Forbes and the girls really are. They all clambered out of one Soviet world. The oil geyser has shot them to different financial universes, but they still understand each other perfectly. And their sweet, simple glances seem to say how amusing this whole masquerade is, that yesterday we were all living in communal flats and singing Soviet anthems and thinking Levis and powdered milk were the height of luxury, and now we’re surrounded by luxury cars and jets and sticky Prosecco. And though many westerners tell me they think Russians are obsessed with money, I think they’re wrong: the cash has come so fast, like glitter shaken in a snow globe, that it feels totally unreal, not something to hoard and save but to twirl and dance in like feathers in a pillow fight and cut like papier-mâché into different, quickly changing masks. At 5:00 a.m. the music goes faster and faster, and in the throbbing, snowing night the cattle become Forbeses and the Forbeses cattle, moving so fast now they can see the traces of themselves caught in the strobe across the dance floor. The guys and girls look at themselves and think: “Did that really happen to me? Is that me there? With all the Maybachs and rapes and gangsters and mass graves and penthouses and sparkly dresses?
Peter Pomerantsev (Nothing Is True and Everything Is Possible: The Surreal Heart of the New Russia)
Despite their predictions that Obama would prove catastrophic to the American economy, Charles’s and David’s personal fortunes had nearly tripled during his presidency, from $14 billion apiece in March 2009 to $41.6 billion each in March 2015, according to Forbes.
Jane Mayer (Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right)
Thorpe thinks he is the luckiest person alive. After being “let go” from the best job he’d ever had—as the Chief Financial Officer of the multinational food and beverage company MonaVie—he and his wife ended up living in China for a year where he wrote Your Mark On The World and embarked on the career he’d always wanted and hadn’t dared dream. Now, as an author and blogger for Forbes Devin writes about the things
Devin D. Thorpe (925 Ideas to Help You Save Money, Get Out of Debt and Retire a Millionaire So You Can Leave Your Mark on the World!)
Many financial writers wish for one thing at Christmas. They want their readers to suffer from classic, daytime soap opera amnesia. Steve Forbes should know. The publishing executive for Forbes magazine said, “You make more money selling advice than following it. It’s one of the things we count on in the magazine business—along with the short memory of our readers.
Andrew Hallam (Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School)
一個月至少讀一本投資理財書籍,閱讀理財雜誌譬如《錢》(Money)、《富比士》(Forbes)、《拜倫氏》(Barron's),以及《華爾街日報》(Wall Street Journal)。我沒有要你聽從雜誌上的投資建議,而是要你知道外面有哪些理財的選擇,然後挑一個領域深入研究,成為專家,再進入那個領域進行投資。
T. Harv Eker (有錢人想的和你不一樣: 五分鐘,換一顆有錢人的腦袋)
The man who has won millions at the cost of his conscience is a failure.
B. C. Forbes
All writers go through a communism phase before drinking and money becomes the main ideology of the writer. A
Forbes West (Medium Talent: An Apocalypse Weird Book (The Dead Keys 1))
Consider consultant Clay Herbert, who is an expert in running crowd-funding campaigns for technology start-ups: a specialty that attracts a lot of correspondents hoping to glean some helpful advice. As a Forbes.com article on sender filters reports, “At some point, the number of people reaching out exceeded [Herbert’s] capacity, so he created filters that put the onus on the person asking for help.” Though he started from a similar motivation as me, Herbert’s filters ended up taking a different form. To contact him, you must first consult an FAQ to make sure your question has not already been answered (which was the case for a lot of the messages Herbert was processing before his filters were in place). If you make it through this FAQ sieve, he then asks you to fill out a survey that allows him to further screen for connections that seem particularly relevant to his expertise. For those who make it past this step, Herbert enforces a small fee you must pay before communicating with him. This fee is not about making extra money, but is instead about selecting for individuals who are serious about receiving and acting on advice. Herbert’s filters still enable him to help people and encounter interesting opportunities. But at the same time, they have reduced his incoming communication to a level he can easily handle.
Cal Newport (Deep Work: Rules for Focused Success in a Distracted World)
The company’s political activism was so unusually intense that one FTC attorney at the time told Forbes, “They’re not a business, but some sort of quasi-religious sociopolitical organization.” Indeed as Kim Phillips-Fein writes in Invisible Hands, “Amway was much more than a simple direct-marketing firm. It was an organization devoted with missionary zeal to the very idea of free enterprise.” There
Jane Mayer (Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right)
What’s the first thing you do now before you visit a new restaurant for the first time or book a hotel room online? You probably ask a friend for a recommendation or you check out the reviews online. Now more than ever, the story your customers tell about you is a big part of your story. Word of mouth is accelerated and amplified. Trust is built digitally beyond the village. Reputations are built and lost in a moment. Opinions are no longer only shared one to one; they are broadcasted one to many, through digital channels. Those opinions live on as clues to your story. The cleanliness of your hotel bathrooms is no longer a secret. Guests’ unedited photos are displayed alongside a hotel brochure’s digital glossies. TripAdvisor ratings are proudly displayed by hotels and often say more about the standards guests can expect than do other, more established star ratings systems, such as the Forbes Travel Guide‘s ratings. Once-invisible brands and family-run hotels have had their businesses turned around by the stories their customers tell about them. “With 50 million reviews and counting, [TripAdvisor] is shaking the travel industry to its core.” —Nathan Labenz It turns out that people are more likely to trust the stories other people tell about you than to trust the well-lit Photoshopped images in your brochure. Reputation is how your idea and brand story are spread. A survey conducted by Chadwick Martin Bailey found that six in ten cruise customers said “they were less likely to book a cruise that received only one star.” There is no marketing more powerful than what one person says to another to recommend your brand. “Don’t waste money on expensive razors.” “Nice hotel; shame about the customer service.” In a world where online reputation can increase a hotel’s occupancy and revenue, trust has become a marketing metric. “[R]eputation has a real-world value.” —Rachel Botsman When we were looking to book a quiet, off-the-beaten-track hotel in Bali, the first place we looked wasn’t with the travel agents or booking.com. I jumped online and found that one of the area’s best-rated hotels on tripadvisor.com wasn’t a five-star resort but a modest family-run, three-star hotel that was punching well above its weight. This little fifteen-room hotel had more than 400 very positive reviews and had won a TripAdvisor Travellers Choice award. The reviews from the previous guests sealed the deal. The little hotel in Ubud was perfect. The reviews didn’t lie, and of course the place was fully booked with a steady stream of guests who knew where to look before taking a chance on a hotel room. Just a few years before, this $50-a-night hotel would have been buried amongst a slew of well-marketed five-star resorts. Today, thanks to a currency of trust, even tiny brands can thrive by doing the right thing and giving their customers a great story to tell.
Bernadette Jiwa (The Fortune Cookie Principle: The 20 Keys to a Great Brand Story and Why Your Business Needs One)
Almost all official statistics and policy documents on wages, income, gross domestic product (GDP), crime, unemployment rates, innovation rates, cost of living indices, morbidity and mortality rates, and poverty rates are compiled by governmental agencies and international bodies worldwide in terms of both total aggregate and per capita metrics. Furthermore, well-known composite indices of urban performance and the quality of life, such as those assembled by the World Economic Forum and magazines like Fortune, Forbes, and The Economist, primarily rely on naive linear combinations of such measures.6 Because we have quantitative scaling curves for many of these urban characteristics and a theoretical framework for their underlying dynamics we can do much better in devising a scientific basis for assessing performance and ranking cities. The ubiquitous use of per capita indicators for ranking and comparing cities is particularly egregious because it implicitly assumes that the baseline, or null hypothesis, for any urban characteristic is that it scales linearly with population size. In other words, it presumes that an idealized city is just the linear sum of the activities of all of its citizens, thereby ignoring its most essential feature and the very point of its existence, namely, that it is a collective emergent agglomeration resulting from nonlinear social and organizational interactions. Cities are quintessentially complex adaptive systems and, as such, are significantly more than just the simple linear sum of their individual components and constituents, whether buildings, roads, people, or money. This is expressed by the superlinear scaling laws whose exponents are 1.15 rather than 1.00. This approximately 15 percent increase in all socioeconomic activity with every doubling of the population size happens almost independently of administrators, politicians, planners, history, geographical location, and culture.
Geoffrey West (Scale: The Universal Laws of Growth, Innovation, Sustainability, and the Pace of Life, in Organisms, Cities, Economies, and Companies)
Anyaele Sam Chiyson’s Leadership Law of Effectiveness states that An Active and Powerful leader has the executive intelligence to bring about a change.
Anyaele Sam Chiyson (The Sagacity of Sage)
Anyaele Sam Chiyson’s Leadership Law of Effectiveness states that “An Active and Powerful leader has the executive intelligence to bring about a change.” Anyaele Sam Chiyson’s Leadership Law of Affection states that Successful leaders esteem other leaders; they set a good example to them and chart the great course with them also.
Anyaele Sam Chiyson (The Sagacity of Sage)
Anyaele Sam Chiyson’s Leadership Law of Affection states that Successful leaders esteem other leaders; they set a good example to them and chart the great course with them also.
Anyaele Sam Chiyson (The Sagacity of Sage)
Anyaele Sam Chiyson’s Leadership Law of Legacy states that Supreme leaders determine where generations are going to and raise outstanding leaders they pass the baton to.
Anyaele Sam Chiyson (The Sagacity of Sage)
The central bank’s bond purchases or sales are also an important indication of where the value of the dollar is headed. Is the Fed continuing its bond purchases and further expanding the money supply? Or, is it shrinking the monetary base by selling those securities? The answers may be found on the Federal Reserve balance sheet.
Steve Forbes (Inflation: What It Is, Why It's Bad, and How to Fix It)
How do you end inflation? The good news is that a nation doesn’t need tax hikes, super-high interest rates, horrible recessions—or even fishing restrictions. The way to do it, very simply, is to stabilize the value of money. How to achieve this? When a currency begins to slide, the first step should be for a government to publicly declare its intention to support its money, i.e., maintain its value. The way to do so is, very simply, by shrinking the monetary base.
Steve Forbes (Inflation: What It Is, Why It's Bad, and How to Fix It)
So, the claim made by the Forbes resolution and Barton about federal funds authorizing evangelism and/or the "propagation of the gospel to the heathen" is simply false. While some might dismiss this as a minor point, we find the claim tendentious and troubling.  Those who make the claim about government-sponsored evangelism obscure the whole story of the Gnadenhutten massacre and the real purpose of the involvement of the federal government with the United Brethren and the Christian Indians. By making these bills about Jefferson and his alleged support for religion, Barton minimizes an atrocity committed against native Americans.  When one examines this episode in context, it is clear that the federal government did not simply decide to give money to the United Brethren in order for them to "propagate the gospel among the heathen." The federal government gave a trust to a group of people who organized as "The Society of the United Brethren for propagating the Gospel among the Heathen" for the purpose of helping the brutalized native people return and keep rights to their lands. If there had not been an atrocity and subsequent displacement of the Delaware converts, there would have been no need for federal legislation in this case. The narrative developed by Barton and others is misleading and obscures the situation. All Jefferson did was approve bills that had a religious society's name attached to the title. Barton’s appropriation of the story hides a cruel irony. It was the propagation of the Gospel among the Indians that led to their conversion and pacifism. They would not protect themselves or fight back against their aggressors because of the Gospel they believed. Barton wants to make this story about a government outreach to teach Indians the Gospel, when it was the actions of a state militia that led to the slaughter of men, women, and children from their community. If anything, this story provides a precedent for reparations paid to those harmed by government action. The Christian Indians were brutally murdered by a state militia and in response, the federal government attempted to deed them land.
Warren Throckmorton (Getting Jefferson Right: Fact-Checking Claims About Thomas Jefferson)
The cover of Forbes magazine does not celebrate poor investors who made good decisions but happened to experience the unfortunate side of risk.
Morgan Housel (The Psychology of Money)
The ultimate lesson of history— and of this book—is that no nation has ever gotten rich by eroding the value of its money.
Steve Forbes (Inflation: What It Is, Why It's Bad, and How to Fix It)
The Case of the Swiss Franc. If a giant money supply was the cause of rising prices, you’d think Switzerland would be overwhelmed by hyperinflation. With a population of just less than nine million, that country has eight times more base money per capita than Canada, whose population is nearly four times the size at thirty-eight million. Instead, the Swiss franc has been one of the world’s most reliable currencies over the past hundred years, with less inflation than the US dollar, British pound, euro, or the preceding German mark. As a result of this track record, many people outside Switzerland are eager to hold assets denominated in Swiss francs. In other words, demand for the Swiss franc is high. To meet this expanding demand, and keep the currency from rising uncomfortably, the Swiss central bank has had to increase supply aggressively.
Steve Forbes (Inflation: What It Is, Why It's Bad, and How to Fix It)
Imagine how tricky it would be to bake a cake if the recipe called for 45 minutes in the oven, and you had to figure out if those were nominal minutes or inflation-adjusted minutes.
Steve Forbes (Money: How the Destruction of the Dollar Threatens the Global Economy – and What We Can Do About It)
A few miles north of Aberdeen is Balmedie, home to one of Donald Trump's Scottish golf courses. Even if you know nothing about golf you instantly know that the course is one of his, because like every other business he owns, he has his name plastered on it. I'm assuming that 'trump' isn't a euphemism for 'fart' in the USA. It's interesting to see the reaction of the Scottish people to the mendacious human Wotsit, even before he got his tiny fingers on the nuclear button. Michael Forbes, a farmer in Balmedie, won the “Top Scot” trophy at the Glenfiddich Spirit of Scotland Awards after refusing to sell his land to the pussy-grabbing billionaire. Trump had claimed that Forbes' farm was a slum and would spoil the view of his new hotel. Forbes replied that Trump could “take his money and shove it up his arse.” Trump said that for Scotland this whisky-company's accolade was a “terrible embarrassment”, national laughing-stocks being something of a speciality of his.
Steven Primrose-Smith (Route Britannia, the Journey North: A Spontaneous Bicycle Ride through Every County in Britain)
A high school dropout, Robert Vesco bilked and conned his way to riches. Two times Forbes magazine named Vesco as one of the 400 richest Americans. The articles simply stated that he was a thief. As a man continually on the run, he was constantly attempting to buy his way out of the many complicated predicaments he got himself into. In 1970, Vesco made a successful bid to take over Investors Overseas Services (IOS), an offshore, Geneva-based mutual fund investment firm, worth $1.5 Billion. Employing 25,000 people and selling mutual funds throughout Europe, primarily in Germany, he thought of the company as his own private slush fund. Using the investors’ money as his own, he escalated his investment firm into a grand “Ponzi Scheme.” During this time he also made an undisclosed $200,000 contribution to Maurice Stans, Finance Chairman for President Nixon’s Committee to Re-elect the President, known as CREEP. To make matters worse, the media discovered that his contribution was being used to help finance the infamous Watergate burglary.
Hank Bracker