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"Now, of course, cold fusion is the daddy of them all in a way, in terms of value, so I think that viewed in a social way, from the point of social considerations and economics, it will tell you that this thing will stay around."
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"That policy which aims at raising the objective exchange-value of money is called, after the most important means at its disposal, restrictionism or deflationism. This nomenclature does not really embrace all the policies that aim at an increase in the value of money. The aim of restrictionism may also be attained by not increasing the quantity of money when the demand for it increases, or by not increasing it enough. This method has quite often been adopted as a way of increasing the value of money in face of the problems of a depreciated credit-money standard."
"The State does not govern the market; in the market in which products are exchanged it may quite possibly be a powerful party, but nevertheless it is only one party of many, nothing more than that. All its attempts to transform the exchange-ratios between economic goods that are determined in the market can only be undertaken with the instruments of the market."
"A variation in the objective exchange-value of money can arise only when a force is exerted in one direction that is not cancelled by a counteracting force in the opposite direction. If the causes that alter the ratio between the stock of money and the demand for it from the point of view of an individual consist merely in accidental and personal factors that concern that particular individual only, then, according to the law of large numbers, it is likely that the forces arising from this cause, and acting in both directions in the market, will counterbalance each other."
"For hundreds, even thousands, of years, people completely failed to see that variations in the objective exchange-value of money could be induced by monetary factors. They tried to explain all variations of prices exclusively from the commodity side."
"Even with all its positive attributes, capitalism in its imperialistic form is the most treacherous system mankind ever devised. It is driven by a selfishness that has an almost religious underlining to it."
"And the reason Luke is thinking about time and free will is because he believes that money is the closest human beings have ever come to crystallizing time and free will into a compact physical form. Cash. Cash is a time crystal. Cash allows you to multiply your will, and it allows you to speed up time. Cash is what defines us as a species. Nothing else in the universe has money."
"The values of commodities are directly as the times of labour employed in their production, and are inversely as the productive powers of the labour employed."
"China is a great manufacturing center, but it's actually mostly an assembly plant. So it assembles parts and components, high technology that comes from the surrounding industrial - more advanced industrial centers - Japan, Taiwan, South Korea, Singapore, the United States, Europe - and it basically assembles them."
"So I got to thinking that perhaps that's what money is: a crystallization-or, rather, a homogenization-of time and free will into those things we call dollars and pounds and yen and euros. Money multiplies your time. It also expands your agency and broadens the number of things you can do accordingly. Big-time lottery winners haven't won ten million dollars-they've won ten thousand person-years of time to do pretty much anything they want anywhere on Earth. Windfalls are like the crystal meth version of time and free will."
Explore more quotes by Martin Fleischmann
"If you assume that it was a valid experiment, then its disintegration reveals a very substantial part of what has been found since then, including the fact that you can get heat generation at high temperature."
"I have had this view of the optimization of the electrode design for a long time. Historically we went through various phases in the work and eventually worked on large sheets - very large sheets - of palladium."
"I don't know whether you have done your calculations but, about two or three years back, I did a first assessment of what the first successful device would be worth and it came out at about 300 trillion dollars."
"It is not necessarily true that expensive experiments are not worthwhile doing but there are plenty of rather cheap experiments which are certainly worth doing."
"So if I could just go back now to something which I am sure we should cover here regarding our original scenario: we have, in fact, four ways - four major potential lines of research."
"I think you know that I classify science as British science, American science, and everybody else."
"Scientists are really very conscious of the fact that they stand on the shoulders of an enormous tree of preceding workers and that their own contribution is not so enormous."
"American science is much more organized, much more hierarchical than British science has been."
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