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Garet Garrett

"This is the problem for which revolutionary theory has yet to find the right solution, if there is one. The difficulty is that the economic interests of the two classes are antagonistic."

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"This is the problem for which revolutionary theory has yet to find the right solution, if there is one. The difficulty is that the economic interests of the two classes are antagonistic."

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Assegid Habtewold

"The economic base of a nation, is the foundation of the it's secrets."

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Personal Development

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Assegid Habtewold

"I don't know where the stock market is going, but I will say this, that if it continues higher, this will do more to stimulate the economy than anything we've been talking about today or anything anybody else was talking about."

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Assegid Habtewold

"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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Assegid Habtewold

"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

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Assegid Habtewold

"Wealth ... and poverty: the one is the parent of luxury and indolence and the other of meanness and vicious-ness and both of discontent."

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Personal Development

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Assegid Habtewold

"If you've got unemployment, low pay, that was just too bad. But that was the system. That was the sort of economy and philosophy against which I was fighting in the 1930s."

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Assegid Habtewold

"U.S. companies earn more from their investments in the EU than in the rest of the world combined."

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Personal Development

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Assegid Habtewold

"The E.U. imports more agricultural goods from developing countries around the world than does the U.S., Canada and Japan, combined."

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Personal Development

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Assegid Habtewold

"European investment in Texas alone exceeds all U.S. investment in China and Japan put together."

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Assegid Habtewold

"The world economy would collapse if a significant number of people were to realize and then act on the realization that it is possible to enjoy many if not most of the things that they enjoy without first having to own them."

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Garet Garrett
"Business is in itself a power."

Business

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Garet Garrett
"The spectacle of a great, solvent government paying a fictitious price for gold it did not want and did not need and doing it on purpose to debase the value of its own paper currency was one to astonish the world."

Government

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Garet Garrett
"Formerly government was the responsibility of people; now people were the responsibility of government."

Government

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Garet Garrett
"Loyalty of the law-making power to the executive power was one of the dangers the political fathers foretold."

Power

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Garet Garrett
"Well, where there is freedom doubt itself must be free."

Doubt

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Garet Garrett
"Revolution in the modern case is no longer an uncouth business."

Business

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Garet Garrett
"It is the function of the President, representing the executive principle, to execute the laws."

Law

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Garet Garrett
"If the great Government of the United States were a private corporation no bank would take its name on a piece of paper, because it has cynically repudiated the words engraved upon its bonds."

Government

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Garet Garrett
"To the revolutionary mind the American vista must have been almost as incredible as Genghis Khan's first view of China - so rich, so soft, so unaware."

Revolution

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Garet Garrett
"If you put a ten dollar bill under the rug instead of spending it, that is capital formation. It represents ten dollars' worth of something that might have been immediately consumed, but wasn't."

Worth

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