Quotes on Discounts

How is it that we have created an economic system that tells us it is cheaper to destroy the earth and exhaust its people than to nurture them both? Is it rational to have an pricing system which discounts the future and sells off the past? How did we create an economic system that confused capital liquidation with income?

In a sense, the market, by expecting a fall in prices, discounts that fall and makes it happen right away instead of later. Expectations speed up future price reactions.

Discount the obvious, bet on the unexpected

In the founding era of our country, it was not organized religion but personal faith that brought focus and unified the early leadership-maybe an unspoken faith in God, and certain values that came with that faith. So in that sense, we cannot discount, in my judgment, religious faith in politics.

By adoption of these principles, the long-felt want for a uniform medium will be satisfied. The taxpayers will be saved immense sums of interest, discounts, and exchanges. The financing of all public enterprises, the maintenance of stable government and ordered progress, and the conduct of the Treasury will become matters of practical administration. The people can and will be furnished with a currency as safe as their own government.

I guess in all my years, what I heard more than anything else was: a mere town cannot support a discount store for very long.