Irving Fisher

"Beauty is not merely appearance but the harmony of purpose and form."

"We do not truly understand something until we can explain it simply."

"The value of an education lies not in the degree but in the transformation it creates."

"Hope is the most radical act in a world that tries to convince you there is none."

"The stock market is a voting machine in the short run, but a weighing machine in the long run."

"Inflation is when you pay fifteen dollars for the ten-dollar haircut you used to get for five dollars when you had hair."

"The debt of individuals and corporations is the chief asset of banks."

"Business success requires two things: making a good product and selling it well."

"The best safeguard against depression is the prevention of unsound expansion."

"100% Money would be a revolutionary step forward in monetary reform."

"Credit is the life-blood of modern economic organization."

"A nation that allows too much debt will find itself enslaved by that debt."

"The quantity theory of money explains how prices move in relation to currency supply."

"Saving and investment are the true paths to national wealth."

"One man's spending is another man's income; this is the circular flow."

"Health is the greatest capital a man can have."

"Prevention is better than cure in both medicine and economics."

"The boom precedes the bust; excessive optimism leads to inevitable correction."

"Interest rates reflect the time preference of money in society."

"Lasting wealth comes from production, not from mere circulation of money."

"A sound monetary system is the foundation of economic stability."

"The love of money is not the root of all evil; the misuse of money is."

"Every transaction involves an exchange of present goods for future goods."

"Prosperity requires a balance between optimism and caution."

"The real causes of depression lie in the mistakes of the credit system."

"Good accounting practices reveal the true financial health of any enterprise."

"Deflation is often worse than inflation for those carrying debt."

"The educated consumer is the backbone of a healthy economy."

"Banks should maintain adequate reserves to prevent financial crises."

"Capital formation is the engine of economic progress and growth."