Steve Hanke Quotes
With interest rates artificially low, consumers reduce savings in favor of consumption, and entrepreneurs increase their rates of investment spending.
Quotes to Explore
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Maybe since I was 35 years old it was time to go upstairs.
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Then somebody suggested I should write about the war, and I said I didn't know anything about the war. I did not understand anything about it. I didn't see how I could write it
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The administration does not agree with those who suggest we should deploy hundreds of thousands of American troops to engage militarily in a ground war in Iraq.
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We could see the storm approaching and were hustling to get to the barn and get the hay covered with a couple of large tarps. We drove right past the house and didn't notice anything wrong.
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The gods are immortal men, and men are mortal gods.
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A dash is a mark of separation stronger than a comma, less formal than a colon, and more relaxed than parentheses.
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Dreams are the children of idled minds.
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Praying is the same to the new creature as crying is to the natural. The child is not learned by art or example to cry, but instructed by nature; it comes into the world crying. Praying is not a lesson got by forms and rules of art, but flowing from principles of new life itself.
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The world we live in is a house on fire and the people we love are burning.
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I conceive, therefore, that a somewhat comprehensive socialisation of investment will prove the means of securing an approximation to full employment.
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I believe in beauty. I believe in stones and water, air and soil, people and their future and their fate.
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There is now more pressure on consumers than there has ever been and it is not sustainable.
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Falling entry barriers and lower access costs have significantly democratised participation, whether in production or consumption.
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With interest rates artificially low, consumers reduce savings in favor of consumption, and entrepreneurs increase their rates of investment spending.
