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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You can win with consistent benefits, delivered over time. You win by incrementally earning share, attention and trust.
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Baby steps count, as long as you are going forward. You add them all up, and one day you look back and you'll be surprised at where you might get to.
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We say that anytime budgets are balanced and an ample savings account has been set aside, government should just stop collecting taxes. Better to leave that money in the pockets of those who earned it, than to let it burn a hole, as it always does, in the pockets of government.
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A “fraternity” is the antithesis offraternity. The first (that is, the order or organization) is predicated on the idea of exclusion; the second (that is, the abstract thing) is based on a feeling of total equality.
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With interest rates artificially low, consumers reduce savings in favor of consumption, and entrepreneurs increase their rates of investment spending.
