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  • 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.
    • 5 years ago



    Tags : Alan Greenspan Quotes , Real Quotes , Thinking Quotes
  • IF we desire European civilization to be a raid and a rescue, we shall insist rather that souls are in real peril than that their peril is ultimately unreal. And if we wish to exalt the outcast and the crucified, we shall rather wish to think that a veritable God was crucified, rather than a mere sage or hero. Above all, if we wish to protect the poor we shall be in favour of fixed rules and clear dogmas. The rules of a club are occasionally in favour of the poor member. The drift of a club is always in favour of the rich one.
    • 4 years ago



    Tags : Gilbert K. Chesterton Quotes , Real Quotes , Hero Quotes
  • The real meaning of persona is a mask, such as actors were accustomed to wear on the ancient stage; and it is quite true that no one shows himself as he is, but wears his mask and plays his part. Indeed, the whole of our social arrangements may be likened to a perpetual comedy; and this is why a man who is worth anything finds society so insipid, while a blockhead is quite at home in it.
    • 4 years ago



    Tags : Arthur Schopenhauer Quotes , Real Quotes , Home Quotes
  • When we hear (as we sometimes do) that (Russia's) economic output is about half the level of a decade ago or that real incomes have fallen sharply, it is worth recalling that economic statistics under the Soviet Union were hardly more reliable than any other official statements. Moreover, a country that produces what no one wants to buy, and whose workers receive wages that they cannot use to buy goods they want, is hardly in the best of economic health.
    • 4 years ago



    Tags : Margaret Thatcher Quotes , Country Quotes , Real Quotes
  • The idea that hardware on networks should just be caches for movable process descriptions and the processes themselves goes back quite a ways. There's a real sense in which MS and Apple never understood networking or operating systems (or what objects really are), and when they decided to beef up their OSs, they went to (different) very old bad mainframe models of OS design to try to adapt to personal computers.
    • 5 years ago



    Tags : Alan Kay Quotes , Real Quotes , Ideas Quotes