“
Being rich is not about how much money you have or how many homes you own; it's the freedom to buy any book you want without looking at the price and wondering if you can afford it.
”
”
John Waters (Role Models)
“
There are many things money can buy, but the most valuable of all is freedom. Freedom to do what you want and to work for whom you respect.
”
”
J.L. Collins (The Simple Path to Wealth: Your road map to financial independence and a rich, free life)
“
But there’s a reason. There’s a reason. There’s a reason for this, there’s a reason education sucks, and it’s the same reason that it will never, ever, ever be fixed. It’s never gonna get any better. Don’t look for it. Be happy with what you got. Because the owners of this country don't want that. I'm talking about the real owners now, the real owners, the big wealthy business interests that control things and make all the important decisions. Forget the politicians. The politicians are put there to give you the idea that you have freedom of choice. You don't. You have no choice. You have owners. They own you. They own everything. They own all the important land. They own and control the corporations. They’ve long since bought and paid for the senate, the congress, the state houses, the city halls, they got the judges in their back pockets and they own all the big media companies so they control just about all of the news and information you get to hear. They got you by the balls. They spend billions of dollars every year lobbying, lobbying, to get what they want. Well, we know what they want. They want more for themselves and less for everybody else, but I'll tell you what they don’t want: They don’t want a population of citizens capable of critical thinking. They don’t want well informed, well educated people capable of critical thinking. They’re not interested in that. That doesn’t help them. Thats against their interests. Thats right. They don’t want people who are smart enough to sit around a kitchen table to figure out how badly they’re getting fucked by a system that threw them overboard 30 fucking years ago. They don’t want that. You know what they want? They want obedient workers. Obedient workers. People who are just smart enough to run the machines and do the paperwork, and just dumb enough to passively accept all these increasingly shittier jobs with the lower pay, the longer hours, the reduced benefits, the end of overtime and the vanishing pension that disappears the minute you go to collect it, and now they’re coming for your Social Security money. They want your retirement money. They want it back so they can give it to their criminal friends on Wall Street, and you know something? They’ll get it. They’ll get it all from you, sooner or later, 'cause they own this fucking place. It's a big club, and you ain’t in it. You and I are not in the big club. And by the way, it's the same big club they use to beat you over the head with all day long when they tell you what to believe. All day long beating you over the head in their media telling you what to believe, what to think and what to buy. The table is tilted folks. The game is rigged, and nobody seems to notice, nobody seems to care. Good honest hard-working people -- white collar, blue collar, it doesn’t matter what color shirt you have on -- good honest hard-working people continue -- these are people of modest means -- continue to elect these rich cocksuckers who don’t give a fuck about them. They don’t give a fuck about you. They don’t give a fuck about you. They don't care about you at all -- at all -- at all. And nobody seems to notice, nobody seems to care. That's what the owners count on; the fact that Americans will probably remain willfully ignorant of the big red, white and blue dick that's being jammed up their assholes everyday. Because the owners of this country know the truth: it's called the American Dream, because you have to be asleep to believe it.
”
”
George Carlin
“
The total amount of time available is especially limited. The clock is ticking as we speak. Time rushes past. Opportunities are lost right and left. If you have money, you can buy time. You can even buy freedom if you want. Time and freedom: those are the most important things that people can buy with money.
”
”
Haruki Murakami (1Q84 (1Q84, #1-3))
“
It might seem to you that living in the woods on a riverbank would remove you from the modern world. But not if the river is navigable, as ours is. On pretty weekends in the summer, this riverbank is the very verge of the modern world. It is a seat in the front row, you might say. On those weekends, the river is disquieted from morning to night by people resting from their work.
This resting involves traveling at great speed, first on the road and then on the river. The people are in an emergency to relax. They long for the peace and quiet of the great outdoors. Their eyes are hungry for the scenes of nature. They go very fast in their boats. They stir the river like a spoon in a cup of coffee. They play their radios loud enough to hear above the noise of their motors. They look neither left nor right. They don't slow down for - or maybe even see - an old man in a rowboat raising his lines...
I watch and I wonder and I think. I think of the old slavery, and of the way The Economy has now improved upon it. The new slavery has improved upon the old by giving the new slaves the illusion that they are free. The Economy does not take people's freedom by force, which would be against its principles, for it is very humane. It buys their freedom, pays for it, and then persuades its money back again with shoddy goods and the promise of freedom.
”
”
Wendell Berry (Jayber Crow)
“
This country is founded on some very noble ideals but also some very big lies. One is that everyone has a fair chance at success. Another is that rich people have to be smart and hardworking or else they would´t be rich. Another is that if you´re not rich, don´t worry about it, because rich people aren´t really happy. I am the white male living proof that all of that is garbage. The vast degree to which my mental health improved once I had the smallest measure of economic security immediately unmasked this shameful fiction to me. Money cannot buy happiness, but it buys the conditions for happiness: time, occasional freedom from constantly worry, a moment of breath to plan for the future, and the ability to be generous.
”
”
John Hodgman (Vacationland: True Stories from Painful Beaches)
“
When did a free country start to mean free enterprise? Who sold Democracy out for a golden calf we got to idolize?
”
”
Trevor D. Richardson (Dystopia Boy: The Unauthorized Files)
“
Government programs didn’t arise because the people demanded them or because the free market was unable to provide needed services. They arose because the politicians found them to be a convenient way to buy votes with other people’s money, a convenient way to enlarge their own power, a convenient way to reward their political cronies, and a convenient way to keep people dependent on government.
”
”
Harry Browne
“
Money cannot buy happiness, but it buys the conditions for happiness: time, occasional freedom from constant worry, a moment of breath to plan for the future, and the ability to be generous.
”
”
John Hodgman (Vacationland: True Stories from Painful Beaches)
“
And then there is the most dangerous risk of all - the risk of spending your life not doing what you want on the bet you can buy yourself the freedom to do it later.
”
”
Randy Komisar (The Monk and the Riddle: The Education of a Silicon Valley Entrepreneur)
“
Money has the power to buy you things. But a much bigger power of money is in generating more money for you. Those who are able to manifest the latter, are never short of it.
”
”
Manoj Arora (From the Rat Race to Financial Freedom)
“
It’s not money, but what you can buy with it. Money is power. Money is security. Money is freedom.
”
”
Herman Wouk (Marjorie Morningstar)
“
He would never forget the feeling of that first year, the sense of freedom just being on his own gave him. He had his own room for the first time, his own money to spend as he wanted, his own food to buy and places to go and decisions to make; it was glorious, sublime.
”
”
Iain Banks (The Bridge)
“
The more we associate experience with cash value, the more we think that money is what we need to live. And the more we associate money with life, the more we convince ourselves that we’re too poor to buy our freedom.
”
”
Rolf Potts (Vagabonding: An Uncommon Guide to the Art of Long-Term World Travel)
“
Smiles and kindness bring so much more than money can buy. Help and acceptance are all that is needed when you see someone cry.
Open your eyes, and let everyone be free. Free to be you and free to be me. Take comfort in knowing we are all leaves on the same big, beautiful tree.
”
”
Jennifer Sodini (The Unity Tree: A Whimsical Muse on Cosmic Consciousness)
“
To spend your life living in fear, never exploring your dreams is cruel. To work hard for money, thinking that it will buy you things that will make you happy is also cruel. To wake up in the middle of the night terrified about paying bills is a horrible way to live. To live a life dictated by the size of a paycheck is not really living a life. Thinking that a job makes you secure is lying to yourself. That's cruel, and that's a trap I want you to avoid..." — rich dad poor dad
”
”
Robert T. Kiyosaki
“
Why do we like these stories so? Why do we tell them over and over? Why have we made a folk hero of a man who is the antithesis of all our official heroes, a haunted millionaire out of the West, trailing a legend of desperation and power and white sneakers? But then we have always done that. Our favorite people and our favorite stories become so not by any inherent virtue, but because they illustrate something deep in the grain, something unadmitted. Shoeless Joe Jackson, Warren Gamaliel Harding, The Titanic: how the might are fallen. Charles Lindbergh, Scott and Zelda Fitzgerald, Marilyn Monroe: the beautiful and damned. And Howard Hughes. That we have made a hero of Howard Hughes tells us something interesting about ourselves, something only dimly remembered, tells us that the secret point of money and power in AMerica is neither the things that money can buy nor power for power's sake (Americans are uneasy with their possessions, guilty about power, all of which is difficult for Europeans to perceive because they are themselves so truly materialistic, so versed in the uses of power), but absolute personal freedom, mobility, privacy. Is is the instinct which drove America to the Pacific, all through the nineteenth century, the desire to be able to find a restaurant open in case you want a sandwich, to be a free agent, live by one's own rules.
”
”
Joan Didion (Slouching Towards Bethlehem)
“
The more we associate experience with cash value, the more we think that money is what we need to live. And the more we associate money with life, the more we convince ourselves that we’re too poor to buy our freedom. With
”
”
Timothy Ferriss (Tools of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers)
“
This freedom people talk about, to buy whatever they like, wear whatever they like, drink and so on, this is not good for the people," he later told me. "True freedom means freedom from desire. True freedom means freedom of thinking. If your mind just follows your desires - how to make more money, how to eat more, drink more, have more things - it's really worse than slavery.
”
”
Carla Power (If the Oceans Were Ink: An Unlikely Friendship and a Journey to the Heart of the Quran)
“
The first way to save and invest your money is to make a budget, and it should be done when you have absolutely nothing.Once you have received the salary into your account, keep record of every expenditure, and don't buy what is not in the budget.Compare the budgeted and actual in the next month then improve
”
”
Ekari Mtewa Dip ICAM,BAA,CA (MW) Candidate
“
Some people claim that money is the root of all evil. Could be. Others say that money can't buy you happiness. That may be true. But if you handle it right, money buys you freedom and time, and those are a lot more tangible than happiness.
”
”
Harlan Coben (Don't Let Go)
“
Money can buy many things, but nothing more valuable than your freedom.
”
”
J.L. Collins (The Simple Path to Wealth: Your road map to financial independence and a rich, free life)
“
Once it was his hard-earned money that had been used to buy her freedom. How could she speak against his doing something with what was his for another in need?
”
”
Elizabeth Yates (Amos Fortune, Free Man)
“
Every $1 invested today is worth hours, if not days, of your freedom in the future. The more you save today, the more time you buy in the future.
”
”
Grant Sabatier (Financial Freedom: A Proven Path to All the Money You Will Ever Need)
“
It’s a big beautiful world out there. Money is a small part of it. But F-You Money buys you the freedom, resources and time to explore it on your own terms. Retired or not. Enjoy your journey.
”
”
J.L. Collins (The Simple Path to Wealth: Your road map to financial independence and a rich, free life)
“
That we have made a hero of Howard Hughes tells us something interesting about ourselves, something only dimly remembered, tells us that the secret point of money and power in America is neither the things that money can buy nor power for power’s sake (Americans are uneasy with their possessions, guilty about power, all of which is difficult for Europeans to perceive because they are themselves so truly materialistic, so versed in the uses of power), but absolute personal freedom, mobility, privacy. It is the instinct which drove America to the Pacific, all through the nineteenth century, the desire to be able to find a restaurant open in case you want a sandwich, to be a free agent, live by one’s own rules.
”
”
Joan Didion (Slouching Towards Bethlehem)
“
Here are a few key guidelines to consider: Spend less than you earn—invest the surplus—avoid debt. Do simply this and you’ll wind up rich. Not just in money. Carrying debt is as appealing as being covered with leeches and has much the same effect. Take out your sharpest knife and start scraping the little bloodsuckers off. If your lifestyle matches—or god forbid exceeds—your income, you are no more than a gilded slave. Avoid fiscally irresponsible people. Never marry one or otherwise give him or her access to your money. Avoid investment advisors. Too many have only their own interests at heart. By the time you know enough to pick a good one, you know enough to handle your finances yourself. It’s your money and no one will care for it better than you. You own the things you own and they in turn own you. Money can buy many things, but nothing more valuable than your freedom. Life choices are not always about the money, but you should always be clear about the financial impact of the choices you make.
”
”
J.L. Collins (The Simple Path to Wealth: Your road map to financial independence and a rich, free life)
“
A Buyback Loop occurs as you continually audit your time to determine the low-value tasks that are sucking your energy. Then you transfer those tasks, optimally, to someone who’s better at them and enjoys them. Lastly, you fill your time with higher-value tasks that light you up and make you more money. Then you start the process over again.
”
”
Dan Martell (Buy Back Your Time: Get Unstuck, Reclaim Your Freedom, and Build Your Empire)
“
We hold further that Communism is not only desirable, but that existing societies, founded on Individualism, are inevitably impelled in the direction of Communism. The development of Individualism during the last three centuries is explained by the efforts of the individual to protect himself from the tyranny of Capital and of the State. For a time he imagined, and those who expressed his thought for him declared, that he could free himself entirely from the State and from society. "By means of money," he said, "I can buy all that I need." But the individual was on a wrong tack, and modern history has taught him to recognize that, without the help of all, he can do nothing, although his strong-boxes are full of gold.
”
”
Pyotr Kropotkin (The Conquest of Bread (Working Classics))
“
Money as such is a useful invention, making commerce possible beyond the state of barter. A moderate amount is necessary to us all-but consider :of all the things you buy , that which you buy dearest of all is money. For money you sell the hours, the days of your life, which are the only true wealth you have. You sell the sunshine, the dawn and the dusk , the moon and the stars, the wind and the rain, the green fields and the flowers, the rivers and the sweet fresh air. You sell health and joy and freedom
”
”
Hope L. Bourne
“
Nowadays, most women wed, bear children, and then plan their children’s marriages. Some of the poor might work in the fields, and a rare few are mercenaries or hired soldiers, but … the wealthier they are, the more restricted their freedoms and roles become. You’d think that money would buy you the ability to do whatever you pleased.
”
”
Sarah J. Maas (A Court of Mist and Fury (A Court of Thorns and Roses, #2))
“
There are no rules here, except that you have to sit properly at the bar when you drink. People can tell me anything they want. Things they wouldn’t usually say, things that wouldn’t be acceptable at work—it doesn’t matter. That’s what this place is for, after all: they come and pay money to buy themselves, their innermost hearts, a bit of freedom.” She
”
”
Banana Yoshimoto (The Lake)
“
Money buys things that people with money never even realize they’ve bought, like time and freedom. -- Whitney Otto
”
”
Whitney Otto (Eight Girls Taking Pictures)
“
Time and freedom: those are the most important things that people can buy with money.
”
”
Haruki Murakami (1Q84 (1Q84, #1-3))
“
If money can't buy you the freedom to do anything you want, well, what is the good of it?
”
”
Anne Rice (Prince Lestat (The Vampire Chronicles, #11))
“
People with money tend to buy more things instead of experiences...because they don't have time.
”
”
Richie Norton
“
When you save money, you are buying future freedom.
”
”
Austin Netzley (Make Money, Live Wealthy: 75 Successful Entrepreneurs Share the 10 Simple Steps to True Wealth)
“
Buying stocks when the broader overall market is trending up is a good idea, for long positions. The trend will provide a tailwind for the stock prices to move higher.
”
”
Debabrata (David) Das (Make Money Trading Leading Stocks: A Beginner's Guide to Free Trading Tools, Technical Analysis, Money and Risk Management, Trading Log for profits in ... Stock Market, Trend and Momentum Trading))
“
When you buy a bigger house, another luxury car, or a fancy boat, you are showing people that you used to have money.
”
”
Christopher Manske (The Prepared Investor: How to Prevent the Next Crisis from Affecting Your Financial Independence)
“
whenever we spend money instead of investing it, we are actually taking from ourselves—we are taking both the time we spent to make the money and the future freedom it can buy.
”
”
Grant Sabatier (Financial Freedom: A Proven Path to All the Money You Will Ever Need)
“
My grandparents taught me that living a simple life isn’t about self-deprivation. Instead, it’s about giving yourself the time, freedom, and money to pursue your dreams.
”
”
Tammy Strobel (You Can Buy Happiness (and It's Cheap): How One Woman Radically Simplified Her Life and How You Can Too)
“
I can support Al-Qaeda, the Ku Klux Klan, buy weapons and drugs and all kinds of porn with my Visa card. There is nobody investigating this, but I cannot support a human rights organisation which is fighting for freedom of expression, - Olafur Sigurvinsson, supporter of wikileaks, taken from article by RT discussing a court battle over freedom to donate money to wikileaks.
”
”
Olafur Sigurvinsson
“
Money and a profession may buy you
freedom from attachments and the ability
to choose your own path, but it can never
buy you the deep relationships with God,
your spouse, or your children.
”
”
J.T. Cope IV
“
Thus Marx begins his attack on the liberal concept of freedom. The freedom of the market is not freedom at all. It is a fetishistic illusion. Under capitalism, individuals surrender to the discipline of abstract forces (such as the hidden hand of the market made much of by Adam Smith) that effectively govern their relations and choices. I can make something beautiful and take it to market, but if I don’t manage to exchange it then it has no value. Furthermore, I won’t have enough money to buy commodities to live. Market forces, which none of us individually control, regulate us. And part of what Marx wants to do in Capital is talk about this regulatory power that occurs even “in the midst of the accidental and ever-fluctuating exchange relations between the products.” Supply and demand fluctuations generate price fluctuations around some norm but cannot explain why a pair of shoes on average trades for four shirts. Within all the confusions of the marketplace, “the labour-time socially necessary to produce [commodities] asserts itself as a regulative law of nature. In the same way, the law of gravity asserts itself when a person’s house collapses on top of him” (168). This parallel between gravity and value is interesting: both are relations and not things, and both have to be conceptualized as immaterial but objective.
”
”
David Harvey (A Companion to Marx's Capital)
“
Thank you," he said. "Welcome. Welcome especially to Mr. Coyle Mathis and the other men and women of Forster Hollow who are going to be employed at this rather strikingly energy-inefficient plant. It's a long way from Forster Hollow, isn't it?"
"So, yes, welcome," he said. "Welcome to the middle class! That's what I want to say. Although, quickly, before I go any further, I also want to say to Mr. Mathis here in the front row: I know you don't like me. And I don't like you. But, you know, back when you were refusing to have anything to do with us, I respected that. I didn't like it, but I had respect for your position. For your independence. You see, because I actually came from a place a little bit like Forster Hollow myself, before I joined the middle class. And, now you're middle-class, too, and I want to welcome you all, because it's a wonderful thing, our American middle class. It's the mainstay of economies all around the globe!"
"And now that you've got these jobs at this body-armor plant," he continued, "You're going to be able to participate in those economies. You, too, can help denude every last scrap of native habitat in Asia, Africa, and South America! You, too, can buy six-foot-wide plasma TV screens that consume unbelievable amounts of energy, even when they're not turned on! But that's OK, because that's why we threw you out of your homes in the first places, so we could strip-mine your ancestral hills and feed the coal-fired generators that are the number-one cause of global warming and other excellent things like acid rain. It's a perfect world, isn't it? It's a perfect system, because as long as you've got your six-foot-wide plasma TV, and the electricity to run it, you don't have to think about any of the ugly consequences. You can watch Survivor: Indonesia till there's no more Indonesia!"
"Just quickly, here," he continued, "because I want to keep my remarks brief. Just a few more remarks about this perfect world. I want to mention those big new eight-miles-per-gallon vehicles you're going to be able to buy and drive as much as you want, now that you've joined me as a member of the middle class. The reason this country needs so much body armor is that certain people in certain parts of the world don't want us stealing all their oil to run your vehicles. And so the more you drive your vehicles, the more secure your jobs at this body-armor plant are going to be! Isn't that perfect?"
"Just a couple more things!" Walter cried, wresting the mike from its holder and dancing away with it. "I want to welcome you all to working for one of the most corrupt and savage corporations in the world! Do you hear me? LBI doesn't give a shit about your sons and daughters bleeding in Iraq, as long as they get their thousand-percent profit! I know this for a fact! I have the facts to prove it! That's part of the perfect middle-class world you're joining! Now that you're working for LBI, you can finally make enough money to keep your kids from joining the Army and dying in LBI's broken-down trucks and shoddy body armor!"
The mike had gone dead, and Walter skittered backwards, away from the mob that was forming. "And MEANWHILE," he shouted, "WE ARE ADDING THIRTEEN MILLION HUMAN BEINGS TO THE POPULATION EVERY MONTH! THIRTEEN MILLION MORE PEOPLE TO KILL EACH OTHER IN COMPETITION OVER FINITE RESOURCES! AND WIPE OUT EVERY OTHER LIVING THING ALONG THE WAY! IT IS A PERFECT FUCKING WORLD AS LONG AS YOU DON'T COUNT EVERY OTHER SPECIES IN IT! WE ARE A CANCER ON THE PLANT! A CANCER ON THE PLANET!
”
”
Jonathan Franzen (Freedom)
“
Our politicians tell us we are free, even though most governments take over 50% of what we earn. They claim we get services that we need for our hard-earned money, even though we could buy the same services at half the price from the private sector. Today, we ridicule the slave-owners' claim that they "gave back" to their slaves by housing, clothing, feeding them, and bestowing upon them the "benefits" of civilization instead of leaving them in their native state. We see this as a self-serving justification for exploitation. In the future, we will view being forcibly taxed to pay for things we don't want, such as bombs for the Middle East, subsidies for tobacco, other people's abortions, regulations that put small businesses out of business, prisons for people trying to feel good, keeping life-saving medications out of the hands of dying people, etc., as taking away our freedom. When even a small portion of our lives is spent enslaved, that part tends to dominate the rest of our time. If we don't put our servitude first as we structure the remainder of our lives, our masters will make sure we regret it. How much freedom do we need to survive and how much do we need to thrive?
”
”
Mary J. Ruwart
“
Contemporary American politics also revolve around this contradiction. Democrats want a more equitable society, even if it means raising taxes to fund programmes to help the poor, elderly and infirm. But that infringes on the freedom of individuals to spend their money as they wish. Why should the government force me to buy health insurance if I prefer using the money to put my kids through college? Republicans, on the other hand, want to maximise individual freedom, even if it means that the income gap between rich and poor will grow wider and that many Americans will not be able to afford health care.
”
”
Yuval Noah Harari (Sapiens: A Brief History of Humankind)
“
Cultures have tried to teach a malign and apparently persuasive lie: that the most important metric of a good life is wealth and the luxury and power it brings. The rich think they live better when they are even richer. In America and many other places they use their wealth politically, to persuade the public to elect or accept leaders who will do that for them. They say that the justice we have imagined is socialism that threatens our freedom. Not everyone is gullible: many people lead contented lives without wealth. But many others are persuaded; they vote for low taxes to keep the jackpot full in case they too can win it, even though that is a lottery they are almost bound to lose. Nothing better illustrates the tragedy of an unexamined life: there are no winners in this macabre dance of greed and delusion. No respectable or even intelligible theory of value supposes that making and spending money has any value or importance in itself and almost everything people buy with that money lacks any importance as well. The ridiculous dream of a princely life is kept alive by ethical sleepwalkers. And they in turn keep injustice alive because their self-contempt breeds a politics of contempt for others. Dignity is indivisible.
”
”
Ronald Dworkin (Justice for Hedgehogs)
“
There is a myth I grew up with and heard so many times that I had believed it. They say money doesn’t buy you happiness. This is a delusion the poor cling to and the rich find comical. Money does buy happiness. Money equals freedom, the highest form of happiness. Money equals pleasure. The more you have the more pleasurable life is. People with money can never know what it is like to be without money. Money is a magnet, it doesn’t trickle down, it is sucked up.
”
”
Clifford Thurlow (Gigolo: Inside the Secret World of the Super Rich)
“
An entrepreneur is not someone that starts his own business. An entrepreneur is someone that realizes he does not want to live the rest of his life as a slave and decides to buy his freedom. Starting a business is just a common consequence of such decision.
”
”
Robin Sacredfire
“
Instead of buying a Mercedes, you can buy a Toyota; and then use the extra money that you would have spent every month, for about five years, on the installment, fuel, and insurance to buy shares in the company that owns Mercedes … or the one that owns Rolls Royce.
”
”
Mokokoma Mokhonoana
“
Possessions
Live in peace and be free.
When possessions own your heart,
You are enslaved to money and to corporations.
Your time is owned by the moneylenders
And they will not let you spend it freely.
They will tell you what to buy, but not
What it will truly cost you.
You will be held ransom.
What is your heart worth?
What about your time?
What holds your heart, holds your attention.
What holds your attention, holds your time.
What holds your time, holds your life.
And if it's possessions that holds these things,
It will demand it all.
”
”
Eric Overby
“
You come here 'cause of me?"
"I come here 'cause you said the word freedom. Sheesh!" He was mad. "My wife and children's still in bondage. How I'm gonna plan on earning money to buy them if he's monkeying 'round, fighting the Missourians?"
"You didn't ask him?"
"There weren't no asking, Bob said. "My marse and I was rolling to town. I heard a noise. Next thing I know, he stepped out the woods holding a rifle in marse's face. He said, 'I'm tak ing your wagon and freeing your colored man. He didn't ask me if I wanted to be free. Course I come along 'cause I had to. But I thought he was gonna free me to the north. Nobody said nothing about fighting nobody."
That was the thing. The Old Man done the same to me. He reckoned every colored wanted to fight for his freedom. It never occurred to him that they would feel any other way.
”
”
James McBride (The Good Lord Bird)
“
The first people to get the new money are the counterfeiters, which they use to buy various goods and services. The second receivers of the new money are the retailers who sell those goods to the counterfeiters. And on and on the new money ripples out through the system, going from one pocket or till to another. As it does so, there is an immediate redistribution effect. For first the counterfeiters, then the retailers, etc. have new money and monetary income they use to bid up goods and services, increasing their demand and raising the prices of the goods that they purchase. But as prices of goods begin to rise in response to the higher quantity of money, those who haven't yet received the new money find the prices of the goods they buy have gone up, while their own selling prices or incomes have not risen. 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 at all.
”
”
Murray N. Rothbard
“
The convicts were exceedingly eager about the matter as each fresh horse was brought up, and were as amused as children about it all. It seemed to tickle their fancy very much, that they had to buy a horse like free men, just as if it was for themselves and the money was to come out of their own pockets.
”
”
Fyodor Dostoevsky (The House of the Dead)
“
As entrepreneurs, time is our most valuable commodity (MVC). Money will come and go, but once you’ve invested your time into something, that time is gone forever. It stands to reason that if there are any actions we can take as business owners to free up more time in our daily routines, we should take them.
”
”
Chris Ducker (Virtual Freedom: How to Work with Virtual Staff to Buy More Time, Become More Productive, and Build Your Dream Business)
“
Another example is the modern political order. Ever since the French Revolution, people throughout the world have gradually come to see both equality and individual freedom as fundamental values. Yet the two values contradict each other. Equality can be ensured only by curtailing the freedoms of those who are better off. Guaranteeing that every individual will be free to do as he wishes inevitably short-changes equality. The entire political history of the world since 1789 can be seen as a series of attempts to reconcile this contradiction. Anyone who has read a novel by Charles Dickens knows that the liberal regimes of nineteenth-century Europe gave priority to individual freedom even if it meant throwing insolvent poor families in prison and giving orphans little choice but to join schools for pickpockets. Anyone who has read a novel by Alexander Solzhenitsyn knows how Communism’s egalitarian ideal produced brutal tyrannies that tried to control every aspect of daily life. Contemporary American politics also revolve around this contradiction. Democrats want a more equitable society, even if it means raising taxes to fund programmes to help the poor, elderly and infirm. But that infringes on the freedom of individuals to spend their money as they wish. Why should the government force me to buy health insurance if I prefer using the money to put my kids through college? Republicans, on the other hand, want to maximise individual freedom, even if it means that the income gap between rich and poor will grow wider and that many Americans will not be able to afford health care. Just as medieval culture did not manage to square chivalry with Christianity, so the modern world fails to square liberty with equality. But this is no defect. Such contradictions are an inseparable part of every human culture. In fact, they are culture’s engines, responsible for the creativity and dynamism of our species. Just
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Yuval Noah Harari (Sapiens: A Brief History of Humankind)
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Downsizing by decluttering has become a very popular choice for people at every age, particularly for baby boomers who have spent a lifetime buying more. For whatever reason, and there are many, we have accumulated a lot. Our houses, attics, garages, basements, cupboards and closets, and even our storage units are overflowing with way too much stuff.
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Rita Wilkins (Downsize Your Life, Upgrade Your Lifestyle: Secrets to More Time, Money, and Freedom)
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THE BUTCHER AND THE DIETITIAN A good friend of mine recently forwarded me a YouTube video entitled The Butcher vs. the Dietitian, a two-minute cartoon that effectively and succinctly highlighted the major difference between a broker and a legal fiduciary. The video made the glaringly obvious point that when you walk into a butcher shop, you are always encouraged to buy meat. Ask a butcher what’s for dinner, and the answer is always “Meat!” But a dietitian, on the other hand, will advise you to eat what’s best for your health. She has no interest in selling you meat if fish is better for you. Brokers are butchers, while fiduciaries are dietitians. They have no “dog in the race” to sell you a specific product or fund. This simple distinction gives you a position of power! Insiders know the difference.
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Anthony Robbins (MONEY Master the Game: 7 Simple Steps to Financial Freedom (Tony Robbins Financial Freedom))
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Rachel: Do people like you ever have wishes, Jonathan?
Jonathan: What does that mean? People like me?
Rachel: People who have everything. Was there ever something you wanted but could only wish for, Jonathan? Something for the future. That you want, but don’t think you’ll get.
Jonathan: Yes, I—
Rachel: Don’t tell me. That’ll ruin it.
Jonathan: What do you mean by “wish” then, Rachel?
Rachel: Like, hope you get something you know is impossible, but hope anyway.
Jonathan: I wish I could be with you like a normal person.
Rachel: What’s normal to someone like you?
….
Rachel: “Do you wish for things you can’t buy?”
Jonathan: “You’re fascinated with money,”
Rachel: “I think I am. It’s made you different, you know. You’re fearless. It’s exciting, kind of. Watching you is like watching someone who’s really, truly free.”
Jonathan: “What do you wish for? Besides money.”
Rachel: “Free, Jonathan. I wish to be free.
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C.D. Reiss (Rachel (Songs of Submission, #5.5; Songs of Dominance, #3))
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The entrepreneur who is reckoning in terms of a currency with a stable value is unable to compete with the entrepreneur who is prepared to make a quasi-gift of part of his capital to his customers. In 1920 and 1921, Dutch traders who had sold commodities to Austria could buy them back again after a while much cheaper than they had originally sold them, because the Austrian traders completely failed to see that they were selling them for less than they had cost.
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Ludwig von Mises (The Theory of Money and Credit (Liberty Fund Library of the Works of Ludwig von Mises))
“
Travel unsettles the appropriate. You’re bound to be inappropriate. Which is probably why I don’t feel the intense embarrassment some do at not being able to speak foreign languages correctly. It seems to me that one of the privileges of travel is never to fit in. And not to fit in, not to be able to, is a kind of freedom. One of the freedoms that money can buy, like buying a hotel room in which one is psychologically unburdened and can act out guilty pleasures, capitalist ones, no doubt.
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Lynne Tillman (Motion Sickness (Masks))
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It is the beginning of the 'demonetization' of the notes. The process is hastened by its panic-like character. It may be possible once, twice, perhaps even three or four times, to allay the fears of the public; but eventually the affair must run its course and then there is no longer any going back. Once the depreciation is proceeding so rapidly that sellers have to reckon with considerable losses even if they buy again as quickly as is possible, then the position of the currency is hopeless.
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Ludwig von Mises (The Theory of Money and Credit (Liberty Fund Library of the Works of Ludwig von Mises))
“
As a rule, however, an increase in the value of money spreads only gradually. The first of those who have to content themselves with lower prices than before for the commodities they sell, while they still have to pay the old higher prices for the commodities they buy, are those who are injured by the increase in the value of money. Those, however, who are the last to have to reduce the prices of the commodities they sell, and have meanwhile been able to take advantage of the fall in the prices of other things, are those who profit by the change.
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Ludwig von Mises (The Theory of Money and Credit (Liberty Fund Library of the Works of Ludwig von Mises))
“
We all know that 97% of the money in the world doesn't exist and that's thanks to Fractional Reserve Banking, or should I say fictional reserve banking." He grinned at his own joke, his smile partly hidden by his hair, "Money is no longer attached to the Gold Standard, therefore, it isn't based on anything. So when it says, 'I promise to pay the bearer on demand ten pounds,' I have to ask, ten pounds of what?" Silence. "The world is owned by the rich shareholder, the rich superstar, the rich industrialist, the rich aristocracy." He was now marching around the stage, "It doesn't matter who or what they are, if they're rich then they own a part of the world, but they only own it because they've got lots of money. Which means they own part of the 97% of the world’s fictional money, the pretend money that only exists on a computer." He stopped abruptly and stared out at the audience, "Which means that if they cashed in their fictional nonexistent money they'd get something like this ten pound note offering to pay the bearer the sum of ten pounds of nothing." He held the note aloft, "Which means the rich have managed to buy the entire world with paper nothing that has a value of nothing and we've let them do it.
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Arun D. Ellis (Daydream Believers)
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Growing up where she did, Beatrix had developed a romantic and adventurous nature, and she had no outlet for it any more. The happiest times I can remember spending with them were when we drove out - twice, I think - to the Long Mynd for a picnic. Roger had long since traded in his motorbike and scraped together enough money to buy a second-hand Morris Minor. Somehow we all squeezed into this (I seem to recall sitting in the front passenger seat, Beatrix sitting behind me with the baby on her lap) and drove out for the afternoon to those wonderful Shropshire hills. I wonder if you have ever walked on them yourself, Imogen. They are part of your story, you know. So many things have changed, changed beyond recognition, in the almost sixty years since the time I'm now recalling, but the Long Mynd is not one of them. In the last few months I have been too ill to walk there, but I did manage to visit in the last spring, to offer what I already sensed would be my final farewells. Places like this are important to me - to all of us - because they exist outside the normal timespan. You can stand on the backbone of the Long Mynd and not know if you are in the 1940s, the 2000s, the tenth or eleventh century... It is all immaterial, all irrelevant. The gorse and the purple heather are unchanging, and so are the sheeptracks which cut through them and criss-cross them, the twisted rocky outcrops which surprise you at every turn, the warm browns of the bracken, the distant greys of the conifer plantations, tucked far away down in secretive valleys. You cannot put a price on the sense of freedom and timelessness that is granted to you there, as you stand on the high ridge beneath a flawless sky of April blue and look across at the tame beauties of the English countryside, to the east, and to the west a hint of something stranger - the beginnings of the Welsh mountains
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Jonathan Coe (The Rain Before it Falls)
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Any intervention, such as that of the German Reichsbank in the Spring of 1923, in which only a small part of the increasing note-expansion was recovered by the banks through the sale of foreign bills, would necessarily be unsuccessful. Led by the idea of opposing speculation, inflationistic governments have allowed themselves to become involved in measures whose meaning is hardly intelligible. Thus at one time the importation of notes, then their exportation, then again both their exportation and importation, have been prohibited. Exporters have been forbidden to sell for their own country's notes, importers to buy with them.
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Ludwig von Mises (The Theory of Money and Credit (Liberty Fund Library of the Works of Ludwig von Mises))
“
It has been proposed that monetary liabilities should be settled in terms of gold and not according to their nominal amount. If this proposal were adopted, for each mark that had been borrowed that sum would have to be repaid that could at the time of repayment buy the same weight of gold as one mark could at the time when the debt contract was entered into. The fact that such proposals are now put forward and meet with approval shows that etatism has already lost its hold on the monetary system and that inflationary policies are inevitably approaching their end. Even only a few years ago, such a proposal would either have been ridiculed or else branded as high treason.
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Ludwig von Mises (The Theory of Money and Credit (Liberty Fund Library of the Works of Ludwig von Mises))
“
Travel continues to be the one thing I value spending money on. In the second year of the ban, I traveled to Portland, Oregon; Charlotte, North Carolina; Toronto, Winnipeg, Salt Spring Island, Galiano Island, Tofino, and Vancouver; and numerous times to Squamish (where I would eventually move). And when it was over, I went on a seven-week road trip around the United States by myself. While I have the freedom and money to do something “bigger,” like live and work from a foreign country for a few months, I’ve realized I care more about exploring North America first. It’s far too easy to take your surroundings for granted, and I am blessed to live in one of the most beautiful parts of this continent.
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Cait Flanders (The Year of Less: How I Stopped Shopping, Gave Away My Belongings, and Discovered Life Is Worth More Than Anything You Can Buy in a Store)
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Let us now leave the example of the isolated State and turn our attention to the international movements that arise from a fall in the value of money due to an increase in its amount. Here, again, the process is the same. There is no increase in the available stock of goods; only its distribution is altered. The country in which the new mines are situated and the countries that deal directly with it have their position bettered by the fact that they are still able to buy commodities from other countries at the old lower prices at a time when depreciation at home has already occurred. Those countries that are the last to be reached by the new stream of money are those which must ultimately bear the cost of the increased welfare of the other countries.
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Ludwig von Mises (The Theory of Money and Credit (Liberty Fund Library of the Works of Ludwig von Mises))
“
As holders of money, labourers are free to buy as they please, and they have to be treated as consumers with autonomous tastes and preferences. We should not make light of this (Grundrisse, p. 283). Situations frequently arise in which labourers can and do exercise choice, and the manner in which they do so has important implications. And even if, as is usually the case, they are locked into buying only those commodities capitalists are prepared to sell, at prices capitalists dictate, the illusion of freedom of choice in the market plays a very important ideological role. It provides fertile soil for theories of consumer sovereignty as well as for that particular interpretation of poverty that puts the blame fairly and squarely upon the victim for failure to budget for survival properly. There are, in addition, abundant opportunities here for various secondary forms of exploitation (landlords, retail merchants, savings institutions), which may again divert attention from what Marx considered to be the central form of exploitation in production.
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David Harvey (The Limits to Capital)
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So far as variations in the objective exchange-value of money are foreseen, they influence the terms of credit transactions. If a future fall in the purchasing power of the monetary unit has to be reckoned with, lenders must be prepared for the fact that the sum of money which a debtor repays at the conclusion of the transaction will have a smaller purchasing power than the sum originally lent. Lenders, in fact, would do better not to lend at all, but to buy other goods with their money. The contrary is true for debtors. If they buy commodities with the money they have borrowed and sell them again after a time, they will retain a surplus over and above the sum that they have to pay back. The credit transaction results in a gain for them. Consequently it is not difficult to understand that, so long as continued depreciation is to be reckoned with, those who lend money demand higher rates of interest and those who borrow money are willing to pay the higher rates. If, on the other hand, it is expected that the value of money will increase, then the rate of interest will be lower than it would otherwise have been.
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Ludwig von Mises (The Theory of Money and Credit (Liberty Fund Library of the Works of Ludwig von Mises))
“
The automobile, like the all-important domestic façade, is another mechanism for outdoor class display. Or class lack of display we'd have to say, if we focus on the usages of the upper class, who, on the principle of archaism, affect to regard the automobile as very nouveau and underplay it consistently. Class understatement describes the technique: if your money and freedom and carelessness of censure allow you to buy any kind of car, you provide yourself with the meanest and most common to indicate that you're not taking seriously so easily purchasable and thus vulgar a class totem. You have a Chevy, Ford, Plymouth, or Dodge, and in the least interesting style and color. It may be clean, although slightly dirty is best. But it should be boring. The next best thing is to have a "good" car, like a Jaguar or BMW, but to be sure it's old and beat-up. You may not have a Rolls, a Cadillac, or a Mercedes. Especially a Mercedes, a car, Joseph Epstein reports in The American Scholar (Winter 1981-82), which the intelligent young in West Germany regard, quite correctly, as "a sign of vulgarity, a car of the kind owned by Beverly Hills dentists or African cabinet ministers.
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Paul Fussell
“
Let us assume that a man gets half his income in the form of interest-bearing securities and half in the form of money; and that he is in the habit of saving three-quarters of his income, and does this by retaining the securities and using that half of his income which he receives in cash in equal parts for paying for current consumption and for the purchase of further securities. Now let us assume that a variation in the composition of his income occurs, so that he receives three-quarters of it in cash and only one-quarter in securities. From now on this man will use two-thirds of his cash receipts for the purchase of interest-bearing securities. If the price of the securities rises or, which is the same thing, if their rate of interest falls, then in either case he will be less willing to buy and will reduce the sum of money that he would otherwise have employed for their purchase; he is likely to find that the advantage of a slightly increased reserve exceeds that which could be obtained from the acquisition of the securities. In the second case he will doubtless be inclined to pay a higher price, or more correctly, to purchase a greater quantity at the higher price, than in the first case. But he will certainly not be prepared to pay double as much for a unit of securities in the second case as in the first case.
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Ludwig von Mises (The Theory of Money and Credit (Liberty Fund Library of the Works of Ludwig von Mises))
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50. Keep Grounded
When was the last time you ventured into the great outdoors? I mean really ventured, where you set out into the unknown with just a map and compass, backpack and sleeping bag - the sort of venturing that makes your heart beat faster.
Have you experienced the hypnotic patter of rain on your tent, the clear call of an owl or the rustling of the wind through the leaves at night? It’s a feeling of absolute freedom and belonging - a chance to reconnect with both ourselves and planet Earth.
At night in the outdoors is also a reminder that the best things in life aren’t things.
Money can’t buy the quiet calm that comes from sitting beside a mountain stream as it ‘tinkles’ through the rock and heather.
Money can’t buy the inspiration that you feel sat on a clifftop above the pounding of the ocean surf as it hits the rocks far below.
You can’t bottle feelings like that.
And sitting around a campfire under a sky of stars is the most ancient and wonderful of human activities. It reminds us of our place in the world, and in history - and it’s hard not to be humbled.
These sorts of simple activities cost so little yet they give us precious time to be ‘still- - time to reconnect, to clear our heads of the dross, to remind ourselves of our dreams and to see things in the perspective they often require.
We all need that regularly in our lives - more than you might imagine.
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Bear Grylls (A Survival Guide for Life: How to Achieve Your Goals, Thrive in Adversity, and Grow in Character)
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Images of people in the Middle East dressing like Westerners, spending like Westerners, that is what the voters watching TV here at home want to see. That is a visible sign that we really are winning the war of ideas—the struggle between consumption and economic growth, and religious tradition and economic stagnation.
I thought, why are those children coming onto the streets more and more often? It’s not anything we have done, is it? It’s not any speeches we have made, or countries we have invaded, or new constitutions we have written, or sweets we have handed out to children, or football matches between soldiers and the locals. It’s because they, too, watch TV.
They watch TV and see how we live here in the West.
They see children their own age driving sports cars. They see teenagers like them, instead of living in monastic frustration until someone arranges their marriages, going out with lots of different girls, or boys. They see them in bed with lots of different girls and boys. They watch them in noisy bars, bottles of lager upended over their mouths, getting happy, enjoying the privilege of getting drunk. They watch them roaring out support or abuse at football matches. They see them getting on and off planes, flying from here to there without restriction and without fear, going on endless holidays, shopping, lying in the sun. Especially, they see them shopping: buying clothes and PlayStations, buying iPods, video phones, laptops, watches, digital cameras, shoes, trainers, baseball caps. Spending money, of which there is always an unlimited supply, in bars and restaurants, hotels and cinemas. These children of the West are always spending. They are always restless, happy and with unlimited access to cash.
I realised, with a flash of insight, that this was what was bringing these Middle Eastern children out on the streets. I realised that they just wanted to be like us. Those children don’t want to have to go to the mosque five times a day when they could be hanging out with their friends by a bus shelter, by a phone booth or in a bar. They don’t want their families to tell them who they can and can’t marry. They might very well not want to marry at all and just have a series of partners. I mean, that’s what a lot of people do. It is no secret, after that serial in the Daily Mail, that that is what I do. I don’t necessarily need the commitment. Why should they not have the same choices as me? They want the freedom to fly off for their holidays on easy Jet. I know some will say that what a lot of them want is just one square meal a day or the chance of a drink of clean water, but on the whole the poor aren’t the ones on the street and would not be my target audience. They aren’t going to change anything, otherwise why are they so poor? The ones who come out on the streets are the ones who have TVs. They’ve seen how we live, and they want to spend.
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Paul Torday (Salmon Fishing in the Yemen)
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Marx discovered the significance of economic power; and it is understandable that he exaggerated its status. He and the Marxists see economic power everywhere. Their argument runs: he who has the money has the power; for if necessary, he can buy guns and even gangsters. But this is a roundabout argument. In fact, it contains an admission that the man who has the gun has the power. And if he who has the gun becomes aware of this, then it may not be long until he has both the gun and the money. But under an unrestrained capitalism, Marx’s argument applies, to some extent; for a rule which develops institutions for the control of guns and gangsters but not of the power of money is liable to come under the influence of this power. In such a state, an uncontrolled gangsterism of wealth may rule. But Marx himself, I think, would have been the first to admit that this is not true of all states; that there have been times in history when, for example, all exploitation was looting, directly based upon the power of the mailed fist. And to-day there will be few to support the naïve view that the ‘progress of history’ has once and for all put an end to these more direct ways of exploiting men, and that, once formal freedom has been achieved, it is impossible for us to fall again under the sway of such primitive forms of exploitation. These considerations would be sufficient for refuting the dogmatic doctrine that economic power is more fundamental than physical power, or the power of the state. But there are other considerations as well. As has been rightly emphasized by various writers (among them Bertrand Russell and Walter Lippmann25), it is only the active intervention of the state—the protection of property by laws backed by physical sanctions—which makes of wealth a potential source of power; for without this intervention, a man would soon be without his wealth. Economic power is therefore entirely dependent on political and physical power. Russell gives historical examples which illustrate this dependence, and sometimes even helplessness, of wealth: ‘Economic power within the state,’ he writes26, ‘although ultimately derived from law and public opinion, easily acquires a certain independence. It can influence law by corruption and public opinion by propaganda. It can put politicians under obligations which interfere with their freedom. It can threaten to cause a financial crisis. But there are very definite limits to what it can achieve. Cæsar was helped to power by his creditors, who saw no hope of repayment except through his success; but when he had succeeded he was powerful enough to defy them. Charles V borrowed from the Fuggers the money required to buy the position of Emperor, but when he had become Emperor he snapped his fingers at them and they lost what they had lent.’ The dogma that economic power is at the root of all evil must be discarded. Its place must be taken by an understanding of the dangers of any form of uncontrolled power. Money as such is not particularly dangerous. It becomes dangerous only if it can buy power, either directly, or by enslaving the economically weak who must sell themselves in order to live.
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Karl Popper (The Open Society and Its Enemies)
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That’s right: statistics show that fewer than 10% of people who buy a book ever read past the first chapter.
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Anthony Robbins (MONEY Master the Game: 7 Simple Steps to Financial Freedom (Tony Robbins Financial Freedom))
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Chapter 3 What to Do with Money as You Save It Chapters 1 and 2 should have helped you understand the theory behind frugality and develop a practical plan to live on less than half your take-home pay; all in the context of building up your first $25,000. After reading those two chapters, you should understand what you need to do to put yourself in position to save thousands of dollars per month on a middle class income. Now, it’s time to deploy those savings in such a way as to develop your first year of financial runway. Your goal is stockpile a reserve capable of funding your frugal lifestyle for around a full year. Unlike many Americans who struggle to make ends meet, you now face a new problem. A good problem. You now have to decide how to deploy your rapidly expanding savings so that they extend your financial runway as much as possible. There are three initial steps that should be completed, in order, for the seeker of early financial freedom to build up that one-year stockpile. These three steps are (1) to build up an emergency fund of $1000 to $2000; (2) to pay off all “bad debts” (we define this term below) and build strong credit; and then (3) to build up one year of financial runway in the form of cash or equivalents By completing these three steps, readers will set themselves up for the next phase of wealth generation, discussed in part II. They will have the cash and credit they need to buy a home with ease, and will have the financial runway they need to pursue career opportunities with little risk of financial ruin. Central to the discussion in this chapter will be the concepts of debt—both good and bad debt—and credit. We must pay off our bad debts immediately, and treat them as a financial crisis. Good debts can still delay financial freedom, but may not need to be paid off early if money can be put to higher and better use in the meantime. While paying off bad debts and managing other debts, readers will want to focus on improving their credit scores as much as possible, and increase their access to credit.
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Scott Trench (Set for Life: Dominate Life, Money, and the American Dream)
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According to the economic story, you're free to enter and exit the world of markets as you please. As a buyer, you're free to choose whether to buy something or not. If you want something and can afford to pay for it, it's yours. If nothing pleases you, you can "vote with your dollar" and buy nothing. In practice, if you're less mobile than others in the world of markets somehow, perhaps because you're a child or a senior, or are poor, or have learning disabilities or mental health issues, you don't have the same access to the market as others do who are more independent Instead, you'll likely find it hard to identify your choices and make the best choice, which you need to be able to do for the market to operate efficiently, or you may not have enough money to enter the market to begin with. Sometimes your "best choice" isn't much of a choice at all; if your two options are to starve or to buy bread at extortion rates from the only seller in town, your "freedom" to enter or exit the market doesn't amount to much.
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F.S. Michaels (Monoculture: How One Story is Changing Everything)
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Pooh-pooh it all you want. Money may not buy happiness, but…well, nonsense. Money, pretty much more than anything else you might be able to control, can conjure up and elevate that elusive ideal we call happiness. Money eases stress. It provides better education, better food, better doctors—some level of peace of mind. Money provides comfort and freedom. Money buys you experiences and conveniences and most of all, money buys you time, which, Simon had realized, was right up there with family and health. If you believe that—and even if you don’t—the person you chose to handle your finances was up there with choosing a doctor or clergyman, though Simon would argue that your wealth manager was even more involved in your daily life. You work hard. You save. You plan. There are virtually no major life decisions you make that are not in some way based on your finances. It was an awesome responsibility when you stepped back and thought about it.
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Harlan Coben (Run Away)
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Money buys you freedom in the material world. It’s not going to make you happy, it’s not going to solve your health problems, it’s not going to make your family great, it’s not going to make you fit, it’s not going to make you calm. But it will solve a lot of external problems. It’s a reasonable step to go ahead and make money.
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Eric Jorgenson (The Almanack of Naval Ravikant: A Guide to Wealth and Happiness)
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I think of the old slavery, and of the way The Economy has now improved upon it. The new slavery has improved upon the old by giving the new slaves the illusion that they are free. The Economy does not take people’s freedom by force, which would be against its principles, for it is very humane. It buys their freedom, pays for it, and then persuades its money back again with shoddy goods and the promise of freedom. “Buy a car,” it says, “and be free. Buy a boat and be free. Buy a beer and be free.” Is this not the raw material of bad dreams? Or is it maybe the very nightmare itself?
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Wendell Berry (Jayber Crow)
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The criteria that I found most valuable when making my decisions were the following: What is the size of the investor community invested in other offerings on the platform to-date? Does the platform accept investments via credit card? For example, about 40% of my crowdfunding investors invested with a credit card. Does the platform allow for campaign extensions (if you fall short of your goal within your campaign period, can you extend the campaign until you reach your goal)? I’ve extended my campaigns multiple times. Does the platform allow for multiple disbursements? I prefer to disburse money from my campaign once a month. However, many platforms don’t allow you to disburse the funds until after the campaign is over What are the fees? Platforms can charge between 5-20% of your raise as fees, with some platforms having complicated fee structures that involve taking some of your Securities as part of the offering. Some platforms require you to pay them cash upfront before launching an offering. Does the platform allow you to set your own terms? For example, some platforms don’t allow you to sell convertible notes. Some others don’t allow you to sell non-voting common stock. Some platforms insist that they set the valuation for your startup in order to launch—the logic being that they know their investors, and they want to provide them with a “good deal.” For many reasons, you want to sell the Security that’s right for your startup. Does the platform allow you to have design freedom on the campaign page? You want to make sure that your brand is well represented. The aesthetics and optimization of the page are highly correlated with conversion (how many people invest after visiting your page). Does the platform support analytics? You need advanced analytics to market your offering. Some platforms, for example, allow you to enter a Facebook Pixel and Google Analytics code into the campaign page, while others do not. Does the platform have a good reputation? You will be driving a lot of potential investors and media folks to this platform, and you want to be sure that your platform of choice hasn’t been involved in anything shady in the past. Does the platform allow you to update your investors and prospective investors with campaign notifications? Some platforms have a built-in functionality where you can post updates right on the campaign, download email, and mailing contact lists of your investors (allowing you to contact them by email and allowing you to build Facebook “lookalike audiences”). Whereas, other platforms don’t even share the email addresses of the folks who have already invested in your startup. Does the platform support or plan to support secondary trading for the Securities that it sells on its platform? Will your investors be able to sell the Securities that they buy from you? The ability to sell Securities in a marketplace brings a lot of liquidity and increases its value significantly. In order to allow for secondary trading, the platform needs to obtain an Alternative Trading System (ATS) approval from FINRA.
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Michael Burtov (The Evergreen Startup: The Entrepreneur's Playbook For Everything From Venture Capital To Equity Crowdfunding)
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Each part of the EKG system works together as a puzzle, and each part contains a number of potential strategies that you can choose from to create your desired Nomad Capitalist lifestyle: E - Enhance Your Personal Freedom ● Living Overseas - Whether in one place, a few places, or as a perpetual traveler. ● Second Passports and Residencies - Obtain a residence permit or citizenship in another country for better travel, better treatment, and more options. ● Digital Privacy - Host your website overseas or use secure offshore email. ● Socializing Overseas - Make friends, dates, or a lifelong partner in another country. ● Personal Happiness - Find the place where you feel totally at home. K - Keep More of Your Money ● Tax Reduction - Legally reduce or eliminate your personal taxes by relocating your business the right way. ● Offshore Banking - Protect your money in quality banks and earn higher returns. ● Offshore Companies - Legally choose the tax rate for your business. G - Grow Your Money ● Frontier Market Entrepreneurship - Start a business in a less developed market. ● Foreign Real Estate - Buy, rent, sell, or hold property in fast-growing markets. ● Foreign Currencies - Earn high rates of return just by holding another currency.
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Andrew Henderson (Nomad Capitalist: Reclaim Your Freedom with Offshore Companies, Dual Citizenship, Foreign Banks, and Overseas Investments)
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Most, like Cudjo, had never finished the initiations required in their cultures to pass into adulthood. Their desire to immediately re-create a form of government familiar to all of them—with a respected elder in charge and laws everyone agrees to obey—speaks to their powerful instinct to build a society apart from the Americans, white or Black. For the Africans, reassembling a piece of their homeland by living together as a village was a way to reclaim their identity and power. They created a place beyond the insults and ostracizing of Mobile society. They created a place where they could be and, more important, feel African. Unlike the American Black people, who had been born into slavery and never knew freedom or citizenship, the Africans had only been captive for five years. Most of them were from Bante, a large market town. Their families back home had been sophisticated businesspeople, accustomed to buying, selling, trading, and the experiences of earning money and owning land. In essence, unlike their newly emancipated American counterparts, the Africans already knew how to be free.
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Ben Raines (The Last Slave Ship: The True Story of How Clotilda Was Found, Her Descendants, and an Extraordinary Reckoning)
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The big picture is that before the age of liberalism, humanity slogged around for some 150,000 years without hope, improvement in living standards, or better or longer lives. Then freedom came. Hope was born. In your own life, you could manage to create improvement. You could live better. You could cause the world around you to adapt to new conditions. You could improve the lives of others. To be volitional meant something for the first time. You could travel. You could earn money and buy things. You could invest, and hope for a better life for your children. To have hope in this world, and not just the next, was the great gift of liberalism to the world.
We cannot and should not give this up. Anger, bitterness, resentment, and hate are just not good substitutes. On the contrary, they are corrosive of the heart and soul. I’ve had many discussions with people who are shaking off a statist phase. The number one thing they have told me: “I was consumed and blinded by anger. It caused me to lose sight of the beauty of liberty.” This leads me to believe that avoiding this cast of mind could provide some immunization against illiberal thought.
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Jeffrey A. Tucker
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You must value the possibilities that wealth can offer you more than the pleasures that money can buy you.
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Adam Rose (9 Money Habits Keeping You Poor: My Story to Financial Freedom (Financial Freedom Toolkit))
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Money doesn't buy happiness, but hospitals don't care about your happiness, they only care about your pocket before you get treatment.
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Mwanandeke Kindembo
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Audit: What tasks do I hate doing that are easy and inexpensive to offer someone else? Transfer: Who do I have on my team—or who can I hire, even part-time—to take these over? Fill: What tasks should I focus on that I love doing that can immediately bring more money to my company?
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Dan Martell (Buy Back Your Time: Get Unstuck, Reclaim Your Freedom, and Build Your Empire)
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He say to me but if I free you who will play for me at nite. I say to him I will play for you master Thomas sir. I wont leev you. I will play for you as a free man. He thot about that and he took out some papr and he rote out what he tol me was my freedom paprs and he gav me them with my fiddle. I never let them paprs out o my site. Them papr and my fiddle kept me alive. I beggd him on my hands and nees to let my momma be free too and she wood stay here and hep him. He tol me he coodnt do that. I went to tell momma that I was free. I tol her I was goin to find work after master Thomas past and that I was comin back for her to buy her freedom when I made enuff money from my playing. You no what my momma tol me? She tol me dont Never come back to this place. You go be free and dont you Never look back. Master Thomas died in his Bed. The Missus made me play that song he loved. I lef a few days later. The nex yeer I did come back to find momma but she was Gone. You no why I tol you all this and made you rite it down? Because Master Thomas was a teribl man. He did teribl things to my momma and to my brother and to many other slaves. Even tho he did all that I still lookt him in the eye and treetd him with respekt. No mattr how mad I was. No mattr how bad things got. I was always respektfl. Even when I didnt get no respekt. I dont never want you to forget that girl. I wont
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Brendan Slocumb (The Violin Conspiracy)
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All the money and fame in the world cannot buy you self-esteem, freedom, peace of mind, and/or happiness, just the illusion of it
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Frank D. Prestia
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Don’t increase your lifestyle until your passive income surpasses your active income. You’ll know you can and should buy that luxury item when the cost of keeping it is totally covered by your passive income. The
things you own (such as dividend-paying stocks, oil partnerships, and real estate investment trusts) should pay for the things you enjoy and consume.
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Christopher Manske (Outsmart the Money Magicians: Maximize Your Net Worth by Seeing Through the Most Powerful Illusions Performed by Wall Street and the IRS)
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Sometimes what she thinks is that she'd like nothing from life except to be free to change her mind at any moment. She'd like freedom from having to feed herself or buy clothes or pay bills, material freedom. But she does not have that. So she is returning to her parents, where she will work at a corner store and save up money to move to New York. Everyone saves and scrimps just to suffer and struggle so that they can say that they lived, that they tried. How stupid. How stupid. How stupid.
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Brandon Taylor (The Late Americans)
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The more we associate experience with cash value, the more we think that money is what we need to live. And the more we associate money with life, the more we convince ourselves that we’re too poor to buy our freedom
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Rolf Potts (Vagabonding: An Uncommon Guide to the Art of Long-Term World Travel)
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Get a Real Profession Clients are often confused when I recommend they not only practice minimalism, but pursue a high paying career such as engineering or the trades. They say, “Well, if I don't need the money, why am I going to school or pursuing such a hard profession?” And the answer is “Because it saves time.” Understand there's nothing wrong with choosing a simpler life where you don't go to college, you work a normal, everyday job, make your $30,000 a year and go home. It's perfectly alright and I know many happy bartenders and baristas who do that. But they all have to work 40 hours a week. And since work is the single largest expenditure of your time, if you can cut the number of hours you need to work, you do the number one thing you can do to increase your freedom. I have a colleague who has a degree in Electrical Engineering. He studied rigorously in college, worked hard in his 20's and by his 30's was charging $300/hr minimum to do client work. And whereas most people would load up on hours and try to make as much money as possible, he instead chose to work 4 hours a week, pay off his house early, read at coffee cafes, and listen to music at home. He only buys used cars, eats at home, and purchases all of his clothes at Goodwill. It's not a luxurious life, but it's a very pleasant and easy one. He is the reason why you get a real profession. Because, yes, going to college for a hard subject is time consuming. And yes, cutting your teeth during your 20's and 30's also consumes a lot of time. But soon enough the value of one hour of your labor is so high, you can work 3-4 of them per week and comfortably support a minimalist lifestyle. This frugality plus his high hourly wage makes him the freest person I know, and can make you equally free as well. Though I'm not sure where he is now....he usually winters in Thailand to avoid the snow.
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Aaron Clarey (The Menu: Life Without the Opposite Sex)
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The 8 Forms of Wealth learning model is based upon eight hidden (because they are not so commonly considered) habits that I energetically urge you to embrace: Growth: The Daily Self-Improvement Habit. This habit is based on the insight that humans are happiest and genuinely wealthiest when we are steadily realizing our personal gifts and primal talents. The regular pursuit of personal growth is one of your most valuable assets. Wellness: The Steadily Optimize Your Health Habit. This habit is founded on your deep understanding that peak mental, emotional, physical, and spiritual vitality and living a long life filled with energy, wellness, and joyfulness are mission-essential to you being honestly rich. Family: The Happy Family, Happy Life Habit. This habit is built on the knowledge that having all the money and material success in the world is worthless if you are all alone. So enrich the connections with the ones you love. And fill your life with fantastic friends who upgrade your happiness. Craft: The Work as a Platform for Purpose Habit. This habit is grounded in the consistent practice of seeing your work as a noble pursuit and an opportunity not only to make more of your genius real, but also to make our world a better place. Mastery is a currency worth investing in. Money: The Prosperity as Fuel for Freedom Habit. This habit is driven by the principle that financial abundance is not only far from evil but also a necessity for living in a way that is generous, fascinating, and original. Community: The You Become Your Social Network Habit. This habit is structured around the scientific fact that a human being’s thinking, feeling, behaving, and producing are profoundly influenced by their associations, conversations, and mentors. To lead a great life, fill your circle with great people. Adventure: The Joy Comes from Exploring Not Possessing Habit. This habit is formulated around the reality that what creates vast joy is not material goods but magical moments doing things that flood us with feelings of gratefulness, wonder, and awe. Enrich your days with these and your life will rise into a whole new universe of inspiration. Service: The Life Is Short So Be Very Helpful Habit. This habit is founded on the time-honored understanding that the main aim of a life richly lived is to make the lives of others better. As you lose yourself in a cause that is bigger than you, you will not only find your greatest self but will illuminate the world in the process. And discover treasures far beyond the limits of cash, possessions, and public status.
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Robin S. Sharma (The Wealth Money Can't Buy: The 8 Hidden Habits to Live Your Richest Life)
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While it didn’t end subsidies, Freedom to Farm made one critical change that benefitted Tyson Foods. The law disbanded production controls. Farmers got their government checks, and they could grow whatever they wanted. When the production controls went away, farmers did what they do best: They massively overproduced. The world was glutted with corn, wheat, and soybeans. Prices plummeted, farmers bemoaned the low prices, and taxpayer subsidies grew rapidly to cover farmers’ losses. This cycle led to a remarkable gift for meat producers. Feed grains were the biggest cost that Tyson Foods had to pay to raise animals. If feed grains got too expensive, the company’s profits could quickly vanish. Freedom to Farm didn’t just make grains cheaper for Tyson. The federal program went so far as to produce an upside-down food economy, where corn was actually cheaper to buy than it was to grow. This inverted market had a strange effect. It made it economically irrational to be a diversified farm, the once-traditional kind of operation where farmers raised hogs, cattle, soybeans, and corn. A farmer lost money if he or she grew corn and fed it to animals that he or she owned under Freedom to Farm. This was financial jet fuel for the new breed of industrial meat producers. The companies weren’t diversified farms, after all. They bought corn; they didn’t grow it. For industrial hog producers alone, Freedom to Farm delivered about $947 million a year in savings, according to one study.
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Christopher Leonard (The Meat Racket: The Secret Takeover of America's Food Business)
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Fucking criminal. Money has always been able to buy guys like Theo their freedom, and the Merchants don’t just have money. They have old money, and the reputation to go with it. I hate him. I fucking despise him. I’m going to enjoy dismantling his life, one tiny piece at a t—
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Callie Hart (Requiem)
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I watch and I wonder and I think. I think of the old slavery, and of the way The Economy has now improved upon it. The new slavery has improved upon the old by giving the new slaves the illusion that they are free. The Economy does not take people’s freedom by force, which would be against its principles, for it is very humane. It buys their freedom, pays for it, and then persuades its money back again with shoddy goods and the promise of freedom. “Buy a car,” it says, “and be free. Buy a boat and be free. Buy a beer and be free.” Is this not the raw material of bad dreams? Or is it maybe the very nightmare itself?
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Wendell Berry (Jayber Crow)