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"We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different."
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"Employment is the biggest form of slavery."
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Personal Development
"But a rise in the wages of labour would not equally affect commodities produced with machinery quickly consumed, and commodities produced with machinery slowly consumed."
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Personal Development
"The economic base of a nation, is the foundation of the it's secrets."
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Personal Development
"I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about."
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Personal Development
"A farmer is a magician who produces money from the mud."
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Personal Development
"Because of the power that we have given money: The government would rather have taxpayers who do not vote, than voters who do not pay tax."
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Personal Development
"In capitalist nation, all is decided by money."
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Personal Development
"Not every single broke and unemployed person needs a job, some need customers."
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Personal Development
"Civilization transformed man from a food gatherer to a gatherer of pieces of paper: diplomas, employment contracts, money, etc."
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Personal Development
"India is poised to contribute as a new engine of global growth. A larger Indian economy has multiple benefits for the world. India presents a large and growing market. But India is much more than a market. India is a reliable partner; a source of high quality scientific, engineering and managerial talent."
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Personal Development
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"Senior development specialists in the Treasury can be counted on one hand. America's government is not even aware of the gap between its commitments and action, because almost nobody in authority understands the actions that would be needed to meet the commitments."
Government
"The longer you wait, the less fun. If you wait until the bitter end, the whole economy can be destroyed."
Economy
"In Asia, a lot of successful economies that had been living on their own saving, decided to open up their financial markets to international capital in the early 1990s. So here were countries doing quite well, but they decided they'd borrow a bit more and do even better."
Success
"The Russian drama began at the end of 1991, when the Soviet Union mercifully ended. Russia and 14 other new countries emerged from the ruins of the Soviet Union. Every one of those 15 new states faced a profound historical, economic, financial, social and political challenge."
Finance
"We had a booming stock market in 1929 and then went into the world's greatest depression. We have a booming stock market in 1999. Will the bubble somehow burst, and then we enter depression? Well, some things are not different."
Economy
"I think the IMF helped to detonate the Indonesian crisis."
Crisis
"The essence of Africa's crisis is fundamentally its extreme poverty."
Crisis
"The basic idea was that if a country would put its economy as an integrated piece of the world system, that it would benefit from that with economic growth. I concur with that basic view."
Creativity
"Let's start fresh with Russia on some real help and some real reform."
Help
"Roosevelt talked not only about Freedom from Fear, but also Freedom from Want."
Fear
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