Quote

In a world where wealth is growing, you can get away with printing money. Doubling the debt over the next 20 years is not a problem.

Peter Thiel

Change background

T
T
T

Change font

TAGS & TOPICS

Peter Thiel
Age: 57
Born: 1967
Born: October 11
Banker
Chess Player
Computer Scientist
Entrepreneur
Financier
Writer
Frankfurt/Main
Peter Andreas Thiel
Away
Next
Money
Problem
Doubling
Years
Printing
World
Debt
Wealth
Growing

More quotes by Peter Thiel

Image
In the most dysfunctional organizations, signaling that work is being done becomes a better strategy for career advancement than actually doing work (if this describes your company, you should quit now).
Peter Thiel
Image
People working on bigger ideas on a more protracted timeline will be more on the stealth side. They aren’t releasing new PR announcements every day. The bigger the secret and the likelier it is that you alone have it, the more time you have to execute. There may be far more people going after hard secrets than we think.
Peter Thiel
Image
I think anything that requires real global breakthroughs requires a degree of intensity and sustained effort that cannot be done part time, so it's something you have to do around the clock, and that doesn't compute with our existing educational system.
Peter Thiel
Image
When you are starting a new business you don't want to go after giant markets. You want to go after small markets and take over those markets quickly.
Peter Thiel
Image
If people were super-optimistic about technology there would be no reason to be pessimistic about the future.
Peter Thiel
Image
I'm skeptical of a lot of what falls under the rubric of education.... People are on these tracks. They are getting these credentials and it's very unclear how viable they are in many cases.
Peter Thiel
Image
Of the six people who started PayPal, four had built bombs in high school.
Peter Thiel
Image
Distribution may not matter in fictional worlds, but it matters in most. The Field of Dreams conceit is especially popular in Silicon Valley, where engineers are biased toward building cool stuff rather than selling it. But customers will not come just because you build it. You have to make this happen, and it's harder than it looks.
Peter Thiel
Image
Long-term planning is often undervalued by our indefinite short-term world.
Peter Thiel
Image
A true bubble is when something is overvalued and intensely believed. Education may be the only thing people still believe in in the United States. To question education is really dangerous. It is the absolute taboo. It's like telling the world there's no Santa Claus.
Peter Thiel
Image
Recruiting is a core competency for any company. It should never be outsourced.
Peter Thiel
Image
Moving first is a tactic, not a goal.
Peter Thiel
Image
There are still many large white spaces on the map of human knowledge. You can go discover them. So do it. Get out there and fill in the blank spaces. Every single moment is a possibility to go to these new places and explore them.
Peter Thiel
Image
Rivalry causes us to overemphasize old opportunities and slavishly copy what has worked in the past.
Peter Thiel
Image
Technology is probably the single biggest driver of productivity gains for the developed countries. For example, I think it's much more important than free trade.
Peter Thiel
Image
We cannot take for granted that the future will be better, and that means we need to work to create it today.
Peter Thiel
Image
I no longer believe that freedom and democracy are compatible.
Peter Thiel
Image
People don't want to believe that technology is broken. Pharmaceuticals, robotics, artificial intelligence, nanotechnology - all these areas where the progress has been a lot more limited than people think. And the question is why.
Peter Thiel
Image
Today's 'best practices' lead to dead ends the best paths are new and untried.
Peter Thiel
Image
A startup is the largest endeavor over which you can have definite mastery. You can have agency not just over your own life, but over a small and important part of the world. It begins by rejecting the unjust tyranny of Chance. You are not a lottery ticket.
Peter Thiel