“When we say “people worry” about inflation, it’s mainly bondholders that worry. The labor force benefitted from the inflation of the ’50s, ’60s and ’70s.”

Money is not a factor of production. But in order to have access to credit, in order to get money, in order to get an education, you have to pay the banks.

Buddha might be the one thing that could settle Godzilla down. He might say, “Listen Godzilla, you don’t have to do all this. Just chill out a little bit and everything will be fine”.

These $100 bills aren’t meant to circulate. They’re not to spend on goods and services. They’re a store of value. They’re a form of saving.

I don’t aim to offend.

On the flat tax, the more you compress the tax rates, the more you untax where the income is really made, at the top of the pyramid.

Emotional stability and expression comes from women.

If you look at payments to labor as a proportion of national income or gross domestic product, you find profits going way up, investment and savings going up.

When people are running up more and more debt for housing, they call that “real wealth.” It exposes what’s wrong in the mainstream economics and why most of the economics that justifies austerity programs and economic shrinkage is in the textbooks is not scientific.

A science is not mere knowledge, it is knowledge which has undergone a process of intellectual digestion. It is the grasp of many things brought together in one, and hence is its power; for, properly speaking, it is Science that is power, not Knowledge.

Russia was under the impression that the neoliberal advisors were going to make Russia as rich as the United States. What they really did was create a kleptocracy that was virtually tax-free.

When you say “paying the banks,” what they really mean is paying the bank bondholders. They are basically the One Percent.

There are two definitions of deflation. Most people think of it simply as prices going down. But debt deflation is what happens when people have to spend more and more of their income to carry the debts that they’ve run up – to pay their mortgage debt, to pay the credit card debt, to pay student loans.

I didn’t really care if I had a coach that much, me personally, because I was brought up to think for myself.

Seventy-eight percent of millennials are worried about not having enough good paying job opportunity to pay off their student loans. Seventy-four percent can’t pay the health care if they get sick.

People are putting their money into treasuries because they worry that the risk of putting their money into the bond market, the stock market or even the money markets is very high.

We know smoking tobacco is not good for kids, but a lot of other things aren’t good. Drinking’s not good. Some would say milk’s not good.