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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LSD burst over the dreary domain of the constipated bourgeoisie like the angelic herald of a new psychedelic millennium. We have never been the same since, nor will we ever be, for LSD demonstrated, even to skeptics, that the mansions of heaven and gardens of paradise lie within each and all of us.
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I am against portraying China as the demon of the global community. China has grasped more quickly than other countries what globalization means and what it demands. The country has learned how to use other people's innovations for itself. India, incidentally, is not far behind China in this respect. Both are not nations in the European sense, but rather cultural communities with enormous markets. The challenge of the future is to work out how to deal with that.
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I remember growing up as a kid in Houston, playing 3-on-3 in my grandmother's driveway. I was lucky to be the youngest of four kids, so we had each other to keep ourselves busy and out of trouble. Not all kids are that fortunate.
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Do not leave yourself or your family unprotected against financial storms... Build up savings.
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With gentleness overcome anger. With generosity overcome meanness. With truth overcome deceit.
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With interest rates artificially low, consumers reduce savings in favor of consumption, and entrepreneurs increase their rates of investment spending.
