#debt

What does jealousy indicate? Jealousy is love manifested in the physical world. If you are jealous you have a debt to pay; if someone is jealous of you, he has a debt to pay to you. ↗

— Peter Deunov

#jealousy #love #jealousy

If you commit to giving more time than you have to spend, you will constantly be running from time debt collectors. ↗

— Elizabeth Grace Saunders

#commitments #debt #peace #productivity #time-debt

There are some debts that can't be paid with money. ↗

— Steven J. Carroll

#guilt #life #money #responsibility #wisdom

Human beings owe a debt of love to one another because there is no other method of paying the debt of love and care which all of us owe to providence. ↗

— Nathaniel Hawthorne

#love

The Sikh gave him the money. When Menon asked for his address so that he could repay the man, the Sikh said that Menon owed the debt to any stranger who came to him in need, as long as he lived. The help came from a stranger and was to be repaid to a stranger. ↗

— Robert Fulghum

#debt #noblesse-oblige #repay #stranger #money

In fact this is precisely the logic on which the Bank of England—the first successful modern central bank—was originally founded. In 1694, a consortium of English bankers made a loan of £1,200,000 to the king. In return they received a royal monopoly on the issuance of banknotes. What this meant in practice was they had the right to advance IOUs for a portion of the money the king now owed them to any inhabitant of the kingdom willing to borrow from them, or willing to deposit their own money in the bank—in effect, to circulate or "monetize" the newly created royal debt. This was a great deal for the bankers (they got to charge the king 8 percent annual interest for the original loan and simultaneously charge interest on the same money to the clients who borrowed it) , but it only worked as long as the original loan remained outstanding. To this day, this loan has never been paid back. It cannot be. If it ever were, the entire monetary system of Great Britain would cease to exist. ↗

— David Graeber

#debt #england #money #money

Every time you borrow money, you're robbing your future self. ↗

— Nathan W. Morris

#money #money-management #personal-finance #money

Self-preservation—this is your new focus. The only obligation of today is to preserve the breath of tomorrow. Then, once footing is regained, you can begin to fulfill debt obligations. Debt is hindsight. ↗

— John-Talmage Mathis

#economy #money #terminated #unemployed #money

Debt . . . . that peculiar nexus where money, narrative or story, and religious belief intersect, often with explosive force. ↗

— Margaret Atwood

#debt #story #money

I sincerely believe that banking establishments are more dangerous than standing armies, and that the principle of spending money to be paid by posterity, under the name of funding, is but swindling futurity on a large scale. ↗

— Thomas Jefferson

#debt #deficit-spending #government #loans #political-science