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Quotes by Economist
"I CHOOSE to live by choice not by chance, to be motivated not manipulated, to be useful not used, to make change not excuses, to excel not compete. I CHOOSE self-esteem not self pity. I choose to listen to my inner voice, NOT TO LISTEN TO THE RANDOM OPINIONS OF OTHERS."
2
"History likewise shows that sometimes the 'monetary standard of the victors' can prove to be very bad. There have seldom been more brilliant victories than those eventually achieved by the American insurgents under Washington against the English troops. But the American 'continental" dollar did not benefit from them. The more proudly the star-spangled banner rose on high, the lower did the exchange-rate fall, until, at the very moment when the victory of the rebels was secured, the dollar became entirely valueless. The course of events was no different not long afterwards in France. In spite of the victories of the revolutionary army, the metal premium rose."
2
"Forgiveness is always hard, but we must always try to leave room for reasonable attempts at reconciliation to occur."
2
"When the price of coal falls because production has increased while demand has remained unaltered, then, for example, those retailers are involved who have taken supplies from the wholesale dealers at the old higher price but are now able to dispose of them only at the new and lower price. But this alone will not account for all the social changes brought about by the increase of production of coal. The increase in the supply of coal will have improved the economic position of the community."
2
"Our teens are embedded in a culture driven by competition and perfectionism, where success is defined by status, performance and their appearance."
2
"If you compose your dreams into a music, then your dreams will become the music you will always love to sing."
2
"The jurist is totally unacquainted with the problem of the value of money; he knows nothing of fluctuations in its exchange-value. The naive popular belief in the stability of the value of money has been admitted, with all its obscurity, into the law, and no great historical cause of large and sudden variations in the value of money has ever provided."
2
"The attempt to restrain prices within limits has to be given up. A government that sets out to abolish market prices is inevitably driven towards the abolition of private property."
2
"If you stumble, you get back up. If you fall off the wagon, you have the next go at it. And then the next. And the next. And the next."
2
"Instead of trying to hide yourself from the world, make it your signature trait. Make what most people think to be the worst of you become something your proud of."
2
"Avoid negative people, for they are the greatest destroyers of self confidence and self-esteem. Surround yourself with people who bring out the best in you!"
2
"A third group of inflationists do not deny that inflation involves serious disadvantages. Nevertheless, they think that there are higher and more important aims of economic policy than a sound monetary system. They hold that although inflation may be a great evil, yet it is not the greatest evil, and that the State might under certain circumstances find itself in a position where it would do well to oppose greater evils with the lesser evil of inflation."
2
"Inequality of wealth and incomes is an essential feature of the market economy. It is the implement that makes the consumers supreme in giving them the power to force all those engaged in production to comply with their orders. It forces all those engaged in production to the utmost exertion in the service of the consumers. It makes competition work. He who best serves the consumers profits most and accumulatesriches."
2
"As a rule, however, an increase in the value of money spreads only gradually. The first of those who have to content themselves with lower prices than before for the commodities they sell, while they still have to pay the old higher prices for the commodities they buy, are those who are injured by the increase in the value of money. Those, however, who are the last to have to reduce the prices of the commodities they sell, and have meanwhile been able to take advantage of the fall in the prices of other things, are those who profit by the change."
2
"Do not allow your resentment towards negative in this era to blind you into spiting yourself. We were made unique and should celebrate each other's life and the uniqueness that defines us."
2
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