Showing 10 of 15781 quotes
As long as you have capital punishment there is no guarantee that innocent people won't be put to death. ”
A book is worth a few francs; we Germans can afford to destroy those. We all may not appreciate artistic merit, but cash value is another matter. ”
What the entertainment industry can do is tempt you into making stupid mistakes, but the only tool that they have to tempt you is money. So if you're okay saying no to money, then you can say no to a lot of things that you might be embarrassed of later. ”
I come from a really lovely, really smart family where the only stress was money and employment. ”
That is what has happened to the United States in the international economic scene. We have deteriorated into a debtor status so that we are now dependent upon the kindness of strangers. That is not where the world's leading power should find itself. ”
I decided that there was only one place to make money in the mutual fund business, as there is only one place for a temperate man to be in a saloon: behind the bar and not in front of it. ”
In 1936, money had no important role. Interest rates were one-eighth of one-eighth of one per cent. I did some research, and I found that the interest on one million dollars of ninety-day Treasuries was $37. People didn't even bother to collect it. The Fed wasn't important. ”
Women are men without money. ”
U.S. capital formation, which has been pretty high in the '90s and very high in the late 1990s, is what is being financed by the savings of the rest of the world, generally poorer than ourselves, because our deficit on current account, chronic deficit, is their surplus, and they have been willingly bringing that to the American market. ”
Keynes's contribution was not just to advocate spending government money in the middle of a recession. Every government had done that going back to the days of the Irish potato famine. What he gave to us was a way of thinking about the magnitude and the dimensions and so forth. ”