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"We've used up a lot of bullets. And we talk about stimulus. But the truth is, we're running a federal deficit that's 9 percent of GDP. That is stimulative as all get out. It's more stimulative than any policy we've followed since World War II."
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"But to us of a later generation...it is inconceivable that millions of Christian men should have killed and tortured each other, because Napoleon was ambitious, Alexander firm, English policy crafty, and the Duke of Oldenburg hardly treated. We cannot grasp the connections between these circumstances and the bare fact of murder and violence, nor why the duke's wrongs should induce thousands of men from the other side of Europe to pillage and murder the inhabitants of the Smolensk and Moscow provinces and to be slaughtered by them."

"Military foolishness is ultimately suicidal. They believe that by risking death they pay the price of any violent behavior against enemies of their own choosing. They have the invader mentality, that false sense of freedom from responsibility for your own actions."

"That's the attractive thing about war, said Rosewater. "Absolutely everybody gets a little something."

"A self-respecting nation is ready for anything, including war, except for a renunciation of its option to make war."

"What obsession do men have for destruction and murder? Who do we electrocute men for murdering an individual and then pin a purple heart on them for mass slaughter of someone arbitrarily labeled 'enemy?"

"Rostov kept thinking about that brilliant feat of his, which, to his surprise, had gained him the St. George Cross and even given him the reputation of a brave man - and there was something in it that he was unable to understand. "So they're even more afraid than we are!" he thought. "So that's all there is to so-called heroism? And did I really do it for the fatherland? And what harm had he done, with his dimple and his light blue eyes? But how frightened he was! He thought I'd kill him. Why should I kill him? My hand faltered. And they gave me the St. George Cross. I understand nothing, nothing!"

"They meet, as we shall meet tomorrow, to murder one another; they kill and maim tens of thousands, and then have thanksgiving services for having killed so many people (they even exaggerate the number), and they announce a victory, supposing that the more people they have killed the greater their achievement. How does God above look at them and hear them?" exclaimed Prince Andrew in a shrill, piercing voice. "Ah, my friend, it has of late become hard for me to live. I see that I have begun to understand too much. And it doesn't do for man to taste of the tree of knowledge of good and evil.... Ah, well, it's not for long!" he added."

"War is so unjust and ugly that all who wage it must try to stifle the voice of conscience within themselves."
Explore more quotes by Warren Buffett

"Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it."

"I just think that - when a country needs more income and we do, we're only taking in 15 percent of GDP, I mean, that - that - when a country needs more income, they should get it from the people that have it."

"When a management with a reputation for brilliance tackles a business with a reputation for bad economics, it is the reputation of the business that remains intact."

"We're still in a recession. We're not gonna be out of it for a while, but we will get out."

"You do things when the opportunities come along. I've had periods in my life when I've had a bundle of ideas come along, and I've had long dry spells. If I get an idea next week, I'll do something. If not, I won't do a damn thing."

"Your premium brand had better be delivering something special, or it's not going to get the business."

"Economic medicine that was previously meted out by the cupful has recently been dispensed by the barrel. These once unthinkable dosages will almost certainly bring on unwelcome after-effects. Their precise nature is anyone's guess, though one likely consequence is an onslaught of inflation."
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