The soul is no longer honored as it once was, but it still keeps appetite from being the measure of all things.
When I hear complaints about less liquidity, remember there is such a thing as too much liquidity.
It is a sobering fact that the prominence of central banks in this century has coincided with a general tendency towards more inflation, not less. [I]f the overriding objective is price stability, we did better with the nineteenth-century gold standard and passive central banks, with currency boards, or even with 'free banking. ' The truly unique power of a central bank, after all, is the power to create money, and ultimately the power to create is the power to destroy.
The only thing useful banks have invented in 20 years is the ATM.
The standard of living of the average American has to decline.
What's the subject of life - to get rich? All of those fellows out there getting rich could be dancing around the real subject of life.
I wish someone would give me one shred of neutral evidence that financial innovation has led to economic growth — one shred of evidence.
If you love something let it go free. If it doesn't come back, you never had it. If it comes back, love it forever.
If Donald Trump is just tweeting about a union guy, then he's just being the bully we have seen. But if he uses the power of the presidency to back up some of those tweets and he's really, really coming down with a hammer on people he doesn't like using the power of the presidency, then we're seeing something very new and very different.
We have no intention of failing. The only question is how great a success we'll have.
Closing your mind to religion is no different than the close-mindedness that religions can cause.