I don't think it's possible for the Fed to end its easy-money policies in a trouble-free manner. Recent episodes in which Fed officials hinted at a shift toward higher interest rates have unleashed significant volatility in markets, so there is no reason to suspect that the actual process of boosting rates would be any different. I think that real pressure is going to occur not by the initiation by the Federal Reserve, but by the markets themselves.
This is the manner of noble souls: they do not want to have anything for nothing; least of all, life. Whoever is of the mob wants to live for nothing; we others, however, to whom life gave itself, we always think about what we might best give in return... One should not wish to enjoy where one does not give joy.
There's a lot of pride that business owners have. It's actually really critical that pride and ownership extends to everyone in the organization. I think of everyone is in the same boat in driving the company forward.
I must tell you that I should really like to think there's something wrong with me- Because, if there isn't, then there's something wrong with the world itself-and that's much more frightening! That would be terrible. So I'd rather believe there is something wrong with me, that could be put right.
I think the Greeks first took astrology to India and took from the Hindus the science of astronomy and carried it back with them from Europe. Because in India you will find old altars made according to a certain geometrical plan, and certain things had to be done when the stars were in certain positions, therefore I think the Greeks gave the Hindus astrology, and the Hindus gave them astronomy.
I think the oversight is great, and I think that oversight ought to be devoted almost entirely to the question is this being done at market you know. In other words, you want to make sure that the government isn't investing foolishly. But you don't want to care about which congressional districts it goes to or whether banks get favored over.
And now I may dismiss my heroine to the sleepless couch, which is the true heroine's portion - to a pillow strewed with thorns and wet with tears. And lucky may she think herself, if she get another good night's rest in the course of the next three months.
The great intellectual tradition that comes down to us from the past was never interrupted or lost through such trifles as the sack of Rome, the triumph of Attila, or all the barbarian invasions of the Dark Ages. It was lost after the introduction of printing, the discovery of America, the founding of the Royal Society, and all the enlightenment of the Renaissance and the modern world. It was there, if anywhere, that there was lost or impatiently snapped the long thin delicate thread that had descended from distant antiquity; the thread of that unusual human hobby: the habit of thinking.
Look, I'm very much in favor of tax cuts, but not with borrowed money. And the problem that we've gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day that proves disastrous. And my view is I don't think we can play subtle policy here.
Let us not have puny thoughts. Let us think on a greater scale. Let us not have those of the future decry our smallness of concept and lack of foresight.
I detest the masculine point of view. I am bored by his heroism, virtue, and honour. I think the best these men can do is not talk about themselves anymore.
There is a theory that basically says that we can shred regulations and consumer protections and give more and more to the most, and somehow prosperity will trickle down. It hasn't worked. And I think that the fundamentals of the economy have to be measured by whether or not the middle class is getting a fair shake.
Every little bit, every atom inside the universe, is in a constant state of change and motion, but the universe as a whole is unchangeable, because motion or change is a relative thing; we can only think of something in motion in comparison with something which is not moving.