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"A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output."
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"Strategy is for making progress and progress is in simplicity."
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Personal Development
"I believe people who go into politics want to do the right thing. And then they hit a big wall of re-election and the pettiness of politics. In the end, politics gets in the way of the business of people."
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Personal Development
"These days, you can do a TV series for five years and all of a sudden be on top of the business. Features don't even run in theaters very long anymore before going right to television."
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Personal Development
"They are the guiding oracles which man has found out for himself in that great business of ours, of learning how to be, to do, to do without, and to depart."
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Personal Development
"Let your customers and prospects recommend you to each other and let you competition wish they were you. That is our mission."
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Personal Development
"Customers do not want a lecture from you and they certainly don't want some juvenile in a bad suit forcing his wares upon them."
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Personal Development
"If you don't earn their trust at the beginning, they sure as hell won't trust you with their money at the end."
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Personal Development
"22% of current business-to-business salespeople will be replaced by search engines within the next five years."
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Personal Development
"For all salespeople - Driving around and talking to people for a living, with no recognisable return for the time or money spent by your employer - is a job description that belongs in the past."
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Personal Development
"But especially if you have the wrong people within your circle. Truthfully, at the end of the day, no one cares about you in this business whether they are your agent or your manager or your publicist."
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"In short, both experience and economic theory imply that the US could now t to a more competitive dollar without experiencing either increased inflation or decreased economic growth."
Experience
"So just as I want pilots on the planes that I fly, when it comes to monetary policy, I want to think that there is someone with sound judgement at the controls."
Policy
"A rise in the level of saving can reduce aggregate activity temporarily but only a sustained high level of saving makes it possible to have the sustained high level of business investment that contributes to the long-run growth of output."
Business
"We are particularly poor at the open economy issues."
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
"After all, an overvalued dollar gives us the ability to buy foreign goods at lower prices. And the existing volume of exports brings more yen and euros than they would if the dollar were more competitive."
Ability
"But because we in the United States finance our current account deficit by borrowing in our own currency, we can move to a more competitive dollar without the adverse effects that followed currency declines in other countries."
Finance
"Increased government spending can provide a temporary stimulus to demand and output but in the longer run higher levels of government spending crowd out private investment or require higher taxes that weaken growth by reducing incentives to save, invest, innovate, and work."
Government
"Thirty years ago, many economists argued that inflation was a kind of minor inconvenience and that the cost of reducing inflation was too high a price to pay. No one would make those arguments today."
Economy
"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
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