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"The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit."
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"Some people will each start investing more of their salary on 'their' house and spending less of it on 'their' car or cars only when they start being able to take 'their' house to work, funerals, weddings, etc."
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Personal Development
"Don't spend your money on luxuries. Save it and secure a safe future. Don't crave for quick satisfaction."
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Personal Development
"When buying shares, ask yourself, would you buy the whole company?"
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Personal Development
"The financial crisis should not become an excuse to raise taxes, which would only undermine the economic growth required to regain our strength."
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Personal Development
"Money does not go only to those who go to church, it goes to those who know and comply with the laws of money."
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Personal Development
"Money is a necessity, but not the determinant of a successful life. It is there to secure you, but not to save you! It is there to support you, but not to sanctify you!"
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Personal Development
"What the culture of get rich quick does to our people is Fraudulent money schemes are prevalent in the society."
Author Name
Personal Development
"God will always respond to our responsible management of the riches we have received from Him with promotion and stability."
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Personal Development
"He who makes $25,000 annually through passive income is more enviable than he who earns $100,000 annually through a salary."
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Personal Development
"Your future self would surely thank your present self if you start to wisely invest your money now."
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Personal Development
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"I think that over the last few decades, we have seen better economic outcomes than in the past."
Past
"But the primary reason for wanting the dollar to become more competitive in the near future is that we may need an increase in exports this year and in 2007 to sustain the economy's current pace of expansion."
Economy
"Unless the trade deficit shrinks, the combination of the trade deficit and the interest and dividend payments to foreigners will grow ever more rapidly."
Economy
"The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit."
Finance
"An increase in the relative price of products from the low wage manufacturers in Asia and Latin America will also make those products less attractive to American consumers."
Economy
"Homeowners who refinanced their mortgages took out cash and reduced their monthly payments at the same time. Much of the cash obtained by refinancing was spent on consumer durables, home improvements and the like."
Home
"My theme this evening is that America needs a competitive dollar."
Economy
"First, I think the science of monetary economics has clearly gotten better."
Science
"If the Federal Reserve pursues a strong dollar at home while the dollar becomes more competitive in global markets, we can achieve both price stability and a more balanced path of economic growth."
Home
"The more competitive value of the dollar turned around the trade deficit."
Economy
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