The demand for money is regulated entirely by its value, and its value by its quantity.
--
Chapter XIII, Taxes on Gold, p. 123David Ricardo
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Inflation is an increase in the quantity of money without a corresponding increase in the demand for money, i.e., for cash holdings.
Ludwig von Mises
Under the market system, there is demand for a product if a lot of people want it - but that demand counts for nothing if those people have no money. If they lack money, their demand essentially doesn't exist...This explains why the drug industry is not investing money to develop a cure for a disease known as sleeping sickness, which leaves its victims in a coma. The disease...killed 66,000 people last year and threatens to infect 60 million more - but the only people who are afflicted by it are poverty-stricken Africans with no clout in the marketplace. Interestingly, there is a drug called eflornithine that is effective in lifting victims out of their comas. But drug companies stopped producing eflornithine in 1995 because it was no longer profitable to continue. The drug was still desperately needed, but only by people without money. So, following modern market practices, these people were simply left in a coma.
Linda McQuaig
To walk in money through the night crowd, protected by money, lulled by money, dulled by money, the crowd itself a money, the breath money, no least single object anywhere that is not money, money, money everywhere and still not enough, and then no money or a little money or less money or more money, but money, always money, and if you have money or you don't have money it is the money that counts and money makes money, but what makes money make money?
Henry Miller
Numbers are the product of counting. Quantities are the product of measurement. This means that numbers can conceivably be accurate because there is a discontinuity between each integer and the next. Between two and three there is a jump. In the case of quantity there is no such jump, and because jump is missing in the world of quantity it is impossible for any quantity to be exact. You can have exactly three tomatoes. You can never have exactly three gallons of water. Always quantity is approximate.
Gregory Bateson
"It's like a supply and demand thing. It's like 'Well, this is what they want me to do, this is what they want to hear. So I'll do more of this, cuz this is great... and they love me.' Suddenly people start giving you money as well. So then you've got money and you get used to this lifestyle. And you don't wanna take any risks cuz they've got you by the balls, and you've got all these little things that you've bought, or you're attached to. And you start spending all this money... And that's how they get ya!" - source
Thom Yorke
Ricardo, David
Rice-Davies, Mandy
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