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Thomas Peterffy Quotes: Yes, in socialism the rich will be poorer - but the poor will also be poorer. People will lose interest in really working hard and creating jobs.
         

Yes, in socialism the rich will be poorer - but the poor will also be poorer. People will lose interest in really working hard and creating jobs.


Thomas Peterffy
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"Thomas Peterffy Quotes." Quoteslyfe.com, 2024. Tue. 30 Apr. 2024. <https://www.quoteslyfe.com/quote/Yes-in-socialism-the-rich-will-be-1109266>.





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Other quotes of Thomas Peterffy


Never bend the rules. You bend the rules a little bit and then it's a slippery slope.

Never bend the rules. You bend the rules a little bit and then it's a slippery slope.



America's wealth comes from the efforts of people striving for success. Take away their incentive with badmouthing success and you take away the wealth that helps us take care of the needy.

America's wealth comes from the efforts of people striving for success. Take away their incentive with badmouthing success and you take away the wealth that helps us take care of the needy.



I see no point in exchanging something that I understand, know, love and think will have a great future for something else that I know much less about.

I see no point in exchanging something that I understand, know, love and think will have a great future for something else that I know much less about.



I grew up in a socialist country. And I have seen what that does to people. There is no hope, no freedom. No pride in achievement.

I grew up in a socialist country. And I have seen what that does to people. There is no hope, no freedom. No pride in achievement.



The rich support the poor primarily via taxes.

The rich support the poor primarily via taxes.



I paid $1.9 billion in taxes in my lifetime.

I paid $1.9 billion in taxes in my lifetime.



Some traders still think that a computer could not trade as well as they can.

Some traders still think that a computer could not trade as well as they can.



It seems like people don't learn from the past.

It seems like people don't learn from the past.



My charitable donations go to educational efforts, such as Teach for America, Vanderbilt University, Berkshire School.

My charitable donations go to educational efforts, such as Teach for America, Vanderbilt University, Berkshire School.





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Quote Description


This page presents the quote "Yes, in socialism the rich will be poorer - but the poor will also be poorer. People will lose interest in really working hard and creating jobs.". Author of this quote is Thomas Peterffy. This quote is about poor, socialism, interest, rich, creating jobs, people, jobs, creating, hard,.