People fail to realize there's a difference in kinds of money. There is old money and there is new money. Old money has political power but new money has only purchasing power. (1963) - LIFE Magazine
ECONOMY, n. Purchasing the barrel of whiskey that you do not need for the price of the cow that you cannot afford. - Ambrose Bierce
Property may be destroyed and money may lose it's purchasing power; but, character, health, knowledge, and good judgement will always be in demand under all conditions.
The central element in the economic problem of money is the objective exchange-value of money, popularly called its purchasing power. - Ludwig von Mises
Capitalists desire purchasing power. Socialists lust for the power to plan society. Which is worse? - A.E. Samaan
Which is worse? Lust for the purchasing power of money, or the kind of lust that covets power over others? Let the history of 20th Century socialist revolutions answer that question. - A.E. Samaan
Purchasing a large and expensive home during a real estate boom turned into the biggest financial mistake that I ever made. - Steven Magee