A corporation's primary goal is to make money. Government's primary role is to take a big chunk of that money and give it to others.
Money has never been my primary goal.
Social Security, for example - I'm 43. I've paid into the system. You know what? That money has been stolen from me. I know that my parents who are on Social Security - they've got to continue to receive it. They're dependent on it. It is their primary source of income.
For me, the Parc des Princes is special, somewhere I'd go to spend my pocket money.
I certainly learned how to break down a text at Princeton, which helps me break down a script - or at least that's the line I feed my parents when they start wondering where all that good money went.
My principles are more important than the money or my title.
In the '30s, the Keynesian stuff worked at least in the sense that you could print money without inflation because there was all this productivity growth happening. That's not going to work today.
When the federal government spends more each year than it collects in tax revenues, it has three choices: It can raise taxes, print money, or borrow money. While these actions may benefit politicians, all three options are bad for average Americans.
If you print money like in Zimbabwe... the purchasing power of money goes down, and the standards of living go down, and eventually, you have a civil war.
When you print money, the money does not flow evenly into the economic system. It stays essentially in the financial service industry and among people that have access to these funds, mostly well-to-do people. It does not go to the worker.
I am pretty sure central banks will continue to print money, and the standards of living for people in the western world, not just in America, will continue to decline because the cost of living increases will exceed income. The cost of living will also go up because all kinds of taxes will increase.
The government, of course, will print money to bail out the banks' uncovered casino bets, but not to bail out the elderly from the theft of their funds.
All the states are required, either by constitution or by statute, to have balanced budgets - they're not able to print money. So they have to focus on establishing priorities.
'Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider that their own policies, which put the entire burden on central bankers to print money and drive up stock, bond and other asset prices, are actually exacerbating income and wealth disparity.
When I work with countries struggling to pay for budgets or finance trade deficits, I reflect on how Americans do not spend a moment considering the unique advantages of being able to issue bonds and print money freely.
We print money. The people that print the money is actually us. The government of the United States of America. By its very nature, we control that, and this system is there as representation of us.
One-newspaper towns are not good because all the surviving newspaper does is print money. They make 25 percent on their money every year, and if they go down to 22 percent, they start laying people off.
Like having your own licence to print money.
We got involved with the RepRap Project, a community focused on making 3-D printers that could make copies of themselves and help create a world without money. We started making prototypes.
Never, ever invest money that you will need prior to three to five years - minimum.
