Wealth Effect Quotes

I like when money makes a difference but don't make you different

Money is power, and rare are the heads that can withstand the possession of great power.

Money doesn't change men. It merely unmasks them.

I can understand wanting to have a million dollars but once you get beyond that, I have to tell you, it's the same hamburger.

But it is pretty to see what money will do.

Much money makes a Countrey poor, for it sets a dearer price on every thing.

A common objection to inherited wealth is that it stifles the urge to work. I have not generally observed this to be true.

One of the things that happens when people make the leap from a certain amount of money to tens of millions of dollars is that the people around you dramatically change.

You give anybody a billion dollars, and of course they are passionate. Passion is one of those things like willpower in that there's 'magical thinking' about it. You've got to be careful about 'magical thinking.'

Wealth, in even the most improbable cases, manages to convey the aspect of intelligence.

As people do better, they start voting like Republicans...unless they have too much education and vote Democratic

To limit money is to limit political power.

More wealth doesn't fix your life. More wealth makes you more of what you already are.

We all either work for rich people or we sell stuff to rich people, so just punishing rich people is as bad for the economy as punishing anyone. Let's not punish anyone.

Wealth often takes away chances from men as well as poverty. There is none to tell the rich to go on striving, for a rich man makes the law that hallows and hollows his own life.

Russia's economy is both cursed and blessed by oil. When the oil price goes up, there is a tremendous 'wealth effect' spilling over into all corners of the economy, but this diminishes the drive to develop other industries to diversify away from overreliance on oil.

People who, whether they inhabit the desert or settled areas and cities, live a life of abundance and have all the good things to eat, die more quickly than others when a drought or famine comes upon them

[T]hese tax cuts for the wealthiest Americans are also the tax cuts that are least likely to promote growth.

The more money you make, the less you have to pay for things.

You'd be amazed how much attention $1 million will get you.

Once we become wealthy, we tend to move away from what made us wealthy.

When people retire, their income drops much more sharply than their consumption. As a result, they stop saving and start drawing down the assets they've acquired during their high-saving years. That could start to put upward pressure on interest rates and downward pressure on stock prices.

I make no claim to being a business genius. You can make so much money in this business that it loses its value.

Higher asset prices increase wealth and, with a lag, induce higher spending.

Money sometimes makes fools of important persons, but it may also make important persons of fools.