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"Less emphasis on inventories, I think, may tend to dampen business cycles, because business cycles are typically in the grasp of inventory cycles and heavy industry cycles."
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"Business is the salt of life."
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Personal Development
"Be the business never so painful, you may have it done for money."
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Personal Development
"Asking the appropriate questions means understanding exactly what your customer is trying to achieve."
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Personal Development
"Tell your good news as an evangelist would. Do so with a passion driven by a need to help and solve problems that some people didn't even know they had."
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Personal Development
"Recession is when a neighbor loses his job. Depression is when you lose yours."
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Personal Development
"Government "help" to business is just as disastrous as government persecution... the only way a government can be of service to national prosperity is by keeping its hands off."
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Personal Development
"This marriage is no one's business but our own."
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Personal Development
"If we deliver on those promises, we'll have done our job, and we did it with PSOne, and we certainly did it with PS2, and we are about to do it very rapidly with PSP. This is a whole new business for us, in terms of the handheld market, and we're going about it the right way."
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Personal Development
"Show business is one of those things that people can use to get themselves out of the lower rung of society."
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Personal Development
"They will therefore not be in a hurry to risk their entire business by expanding too rapidly, but they are the major indicator of whether the manufacturing industry accepts there is a sustainable business in RFID production."
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Personal Development
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"By the time I became chairman and there was more of a feeling of urgency, there was a willingness to accept more forceful measures to try to deal with the inflation."
Time
"Less emphasis on inventories, I think, may tend to dampen business cycles, because business cycles are typically in the grasp of inventory cycles and heavy industry cycles."
Business
"Well, by the standards of a lot of countries, by Latin American standards, it wasn't so bad."
Personal
"I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy."
Creativity
"You could not buy a house in those days without just assuming that the house was not only a place to live, but it was a good investment, because it was going to keep up with inflation or get ahead of inflation, and it was just - that was America."
Economy
"It was the biggest inflation and the most sustained inflation that the United States had ever had."
Economy
"The speed of communication, the speed of information transfer, the cheapness of communication, the ease of moving things around the world are a difference in kind as well as degree."
Communication
"Double-digit inflation is a terrible thing - and it got up to 14 or 15 percent on a monthly basis for a while, shortly after I became chairman of the Fed."
Economy
"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."
Life
"When people begin anticipating inflation, it doesn't do you any good anymore, because any benefit of inflation comes from the fact that you do better than you thought you were going to do."
Thought
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