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"I hope some day we will learn to use the power of love, not the power of gun and world will see the universal peace."
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Personal Development
"And the night shall be filled with music, And the cares, that infest the day, Shall fold their tents like the Arabs, and silently steal away."
Author Name
Personal Development
"Seek peace."
Author Name
Personal Development
"The great mountains of wars and conflicts in the world can only be removed by picking up tiny stones of hatred and anger bit by bit. We must all be involved!"
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Personal Development
"You accept that this civilisation could be abolished and life will begin later on after a few thousand years because that is something that has happened in the history of this planet. When you have peace in yourself and accept, then you are calm enough to do something, but if you are carried by despair there is no hope."
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Personal Development
"Set your peace freebefore your caged mind catchesyou again in another dream trapwhere you may loathe to be your own menace awaiting in hope of a war-less world !"
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Personal Development
"I value peace when it is not bought at the price of fundamental decencies."
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Personal Development
"In times of turbulence, we must keep calm and be patient."
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Personal Development
"All wars are follies, very expensive and very mischievous ones."
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Personal Development
"To live in infinite bliss, practice mindfulness and live in the moment."
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Personal Development
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"When a country has substituted credit money or fiat money for metallic money, because the legal equating of the over-issued paper and the metallic money sets in motion the mechanism described by Gresham's Law, it is often asserted that the balance of payments determines the rate of exchange. But this also is a quite inadequate explanation. The rate of exchange is determined by the purchasing power possessed by a unit of each kind of money."
Economics
"The balance-of-payments theory forgets that the volume of foreign trade is completely dependent upon prices, that neither exportation nor importation can occur if there are no differences in prices to make trade profitable."
Economics
"The root of the evil is not the construction of new, more dreadful weapons. It is the spirit of conquest."
Politics
"They did not suffer shipwreck because the entrepreneurs were not public-spirited, as the socialist-etatistic legend has it. They were bound to fail because the economic organization based upon division of labour and private property in the means of production can function only so long as price-determination in the market is free."
Economics
"Restrictionistic ideas have never met with any measure of popular sympathy except after a time of monetary depreciation when it has been necessary to decide what should take the place of the abandoned inflationary policy."
Economics
"If the possessor of a units of money receives h additional units, then it is not at all true to say that he will value the total stock a + h exactly as highly as he had previously valued the stock a alone. Because he now has disposal over a larger stock, he will now value each unit less than he did before; but how much less will depend upon a whole series of individual circumstances, upon subjective valuations that will be different for each individual."
Economics
"The mistake in the argument of those who suppose that a variation in the quantity of money results in an inversely proportionate variation in its purchasing power lies in its starting-point. If we wish to arrive at a correct conclusion, we must start with the valuations of separate individuals; we must examine the way in which an increase or decrease in the quantity of money affects the value-scales of individuals, for it is from these alone that variations in the exchange-ratios of goods proceed."
Economics
"It has been proposed that monetary liabilities should be settled in terms of gold and not according to their nominal amount. If this proposal were adopted, for each mark that had been borrowed that sum would have to be repaid that could at the time of repayment buy the same weight of gold as one mark could at the time when the debt contract was entered into. The fact that such proposals are now put forward and meet with approval shows that etatism has already lost its hold on the monetary system and that inflationary policies are inevitably approaching their end. Even only a few years ago, such a proposal would either have been ridiculed or else branded as high treason."
Economics
"In the case of money, subjective use-value and subjective exchange-value coincide. Both are derived from objective exchange-value, for money has no utility other than that arising from the possibility of obtaining other economic goods in exchange for it."
Economics
"The desire for an increase of wealth can be satisfied through exchange, which is the only method possible in a capitalist economy, or by violence and petition as in a militarist society, where the strong acquire by force, the weak by petitioning."
Economics
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