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"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."
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"Since we took office, inflation, the fiscal deficit and the balance of payments current account deficit have all fallen. GDP growth, foreign exchange reserves, stock market valuations, and investor confidence have all increased. This success is the result of a series of well thought out policies."
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Personal Development
"And it will often happen that a man with wealth in the form of coined money will not have enough to eat, and what a ridiculous kind of wealth is that which even in abundance will not save you from dying with hunger!"
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Personal Development
"Market economy favors the have against the have not."
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Personal Development
"But economic recovery must be earned. And it will be earned by entrepreneurs and it will be earned by small businesses."
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Personal Development
"My first priority is growing this economy in the long term, and stimulating it in the short term."
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Personal Development
"Our growing, robust economy is able to provide the average American citizen access to the best social program there is - a steady job."
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Personal Development
"Know that each acre of fallow ought to support yearly two sheep at the least, then a hundred acres of fallow can support two hundred sheep, two hundred acres, four hundred sheep and so on."
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Personal Development
"The ways by which you may get your money almost without exception lead downward. To have done anything by which you earn money 'merely' is to be truly idle or worse. If the labourer gets no more than the wages which his employer pays him, he is cheated, he cheats himself.. If I should sell both my forenoons and afternoons to society, as most appear to do, I am sure that for me there would be nothing left worth living for.. You must get your living by loving."
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Personal Development
"A nation with a strong defence industry will not only be more secure. It will also reap rich economic benefits - it can boost investment, expand manufacturing, support enterprise, raise the technology level and increase economic growth in the country."
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Personal Development
"My task over the last two years hasn't just been to stop the bleeding. My task has also been to try to figure out how do we address some of the structural problems in the economy that have prevented more Googles from being created."
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Personal Development
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"I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy."
Creativity
"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
"Well, by the standards of a lot of countries, by Latin American standards, it wasn't so bad."
Personal
"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
"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
"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
"It was the biggest inflation and the most sustained inflation that the United States had ever had."
Economy
"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
"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
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