“These days, even out of office, I still read economic reports.”

If you get beyond the political rhetoric [and assembled a group to solve Social Security] it would take them 15 minutes. It would take them 15 minutes only because 10 minutes was used for pleasantries.

Clearly, sustained low inflation implies less uncertainty about the future, and lower risk premiums imply higher prices of stocks and other earning assets.

Fiat money in extremis is accepted by nobody. Gold is always accepted.

I must say, I never expected to see the day where I would be talking about anything other than reducing the debt, I’m running into the tyranny of zero, which is where you can’t reduce (the debt) any more

If I say something which you understand fully in this regard, I probably made a mistake.

Market financed withdrawals of home equity in recent years.

There is nothing to guarantee the superior judgment, knowledge, and integrity of an inspector or a bureaucrat-and the deadly consequences of entrusting him with arbitrary power are obvious.

Remember what we’re looking at. Gold is a currency. It is still, by all evidence, a premier currency, that no fiat currency, including the dollar, can match.

I love facts and figures. It’s like following a detective story, piecing together what’s going on in the economy.

We ought to be opening up our borders to skilled labour from all parts of the world because [the state of the world is as follows: ].

What we have found over the years in the marketplace is that derivatives have been an extraordinarily useful vehicle to transfer risk from those who shouldn’t be taking it to those who are willing to and are capable of doing so.

Stripped of its academic jargon, the welfare state is nothing more than a mechanism by which governments confiscate the wealth of the productive members of a society to support a wide variety of welfare schemes.

If we are dealing with psychology, then the thermometers one uses to measure it have an effect.

I came to a stark realization: chronic surpluses could be almost as destabilizing as chronic deficits.

They then need to reach a judgment about the probabilities, costs, and benefits of the various possible outcomes under alternative choices for policy.

A decline in the national housing price level would need to be substantial to trigger a significant rise in foreclosures, because the vast majority of homeowners have built up substantial equity in their homes despite large mortgage.

That’s what a DJ is at the end of the day – someone who leads where the music goes. The only thing that’s changed is that in America, people have woken up in the last few years and realized it.

Every day when I get on the floor I give it my all and play because you never know what tomorrow holds.

For I now realize that what overcame me that evening was a sudden awareness of the power of intuition, the supra-logic that cuts out all routine processes of thought and leaps straight from problem to answer.

Losing someone we love, or the fear of losing someone we love one day is a difficult experience and we can all relate to it. None of us are an exception to this reality.

The day is coming when a single carrot, freshly observed, will set off a revolution.

Breakfast is everything. The beginning, the first thing. It is the mouthful that is the commitment to a new day, a continuing life.

Valentine’s Day’s not for men.

China is clearly going to be the number one economic power and it is already full of potential.. with lots of population and the buying power increasing by the day. .