“[Consumer credit] is like giving yourself a blood transfusion from your left arm to your right. Nothing is accomplished, except the possibility of spilling blood on the floor. But it's not even that benign.”
Debt is No Salvation http://www.europac.com/commentaries/debt_no_salvation
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Peter D. Schiff 40
American entrepreneur, economist and author 1963Related quotes
“The time to buy is when there's blood in the streets, even if the blood is your own.”
A statement sometimes attributed to him, and also, more plausibly, to the first Baron Rothschild (as one of 1871); as quoted in Heads I Win, Tails I Win: Why Smart Investors Fail and How to Tilt the Odds in Your Favour (2016) by Spencer Jakab, p. 221
Variants:
When there's blood in the streets it's time to buy.
As quoted in Inside Man (2006)
Disputed
“It is urgent and important to legalise universal blood transfusion by immune adoption.”
'Il est urgent et important de légaliser la transfusion sanguine universelle par adoption immunitaire.'
From Le scandale du siècle tome 2, DVD of Bilien (2008)
Source: Moby-Dick or, The Whale
“Blood doubly unites us, for we share the same blood and we have spilled blood.”
Orestes to Electra, Act 2
The Flies (1943)
"Still Don't Give A Fuck" (Track 20).
1990s, The Slim Shady LP (1999)
The Cosmos as a Poem (2010)
Voices of Palestine http://frontpagemag.com/2011/frontpagemag-com/voices-of-palestine-haj-amin-al-husseini/
Alleged quotes