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Exlpore more Time quotes
"The mind of man, moreover, works with equal strangeness upon the body of time. An hour, once it lodges in the queer element of the human spirit, may be stretched to fifty or a hundred times its clock length; on the other hand, an hour may be accurately represented on the timepiece of the mind by one second."
"Time is inexplicable because it moves " clicks away " at steady increments, while increasing the past and bringing the future into the present. Time has a necessary affinity with both heaven and the earthly reality. 'Pythagoras, when he was asked what time was, answered that it is the soul of the world.' Plato said that time and heaven must be coexistent. Without time nothing can be created or generated in the universe, nor is anything intelligible without eternity. Time is no accident or affection, but the cause, power, and principle of the symmetry and order that confines all created beings, by which the animated nature of the universe moves."
"A conservative believes nothing should be done for the first time."
"If you want to know the value of a minute ask the person who came to the train station or airport a minute late."
Explore more quotes by Paul A. Volcker
"Well, by the standards of a lot of countries, by Latin American standards, it wasn't so bad."
"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."
"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."
"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."
"I am suspicious of the idea of a new paradigm, to use that word, an entirely new structure of the economy."
"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."
"It was the biggest inflation and the most sustained inflation that the United States had ever had."
"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."
"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."
"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."
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