Michael Kumhof famous quotes

Last updated: Sep 5, 2024

A key impact of recent events was a very persistent, if not permanent shock in the oil supply. This was caused as the oil industry hit geological boundaries, which meant that it could no longer maintain the historic growth rates in petroleum extraction.
-- Michael Kumhof

#Keys #Oil #Impact
The key function of banks is money creation, not intermediation.
-- Michael Kumhof

#Keys #Creation #Function

The year showed me beyond a doubt that everyone practices cafeteria religion... But the important lesson was this: there's nothing wrong with choosing. Cafeterias aren't bad per se... the key is in choosing the right dishes. You need to pick the nurturing ones (compassion), the healthy ones (love thy neighbor), not the bitter ones.
A capacity, and taste, for reading, gives access to whatever has already been discovered by others. It is the key, or one of the keys, to the already solved problems. And not only so. It gives a relish, and facility, for successfully pursuing the [yet] unsolved ones.
Better take the keys and drive forever. Staying won't put these futures back together. All the perfect drugs and superheroes wouldn't be enough to bring me back to zero.
Many pilots of the time were the opinion that a fighter pilot in a closed cockpit was an impossible thing, because you should smell the enemy. You could smell them because of the oil they were burning.
To fight, we must have oil for our machine.
American companies will have a big shot at Iraqi oil,
I would need to see changes in the Iraq governance. Otherwise I don't think strikes are going to have any impact and could be very well counterproductive.
It's just a huge boost for us to have one extra playmaker on our defense. He makes so many impact plays and changes the game a lot.
When I was twelve, the passage from silent film to the talkies had an impact on me-I still watch silent films. I don't think that there is any such thing as an old film; you don't say, 'I read an old book by Flaubert,' or 'I saw an old play by Moliere.'
In the burning and devastated cities, we daily experienced the direct impact of war. It spurred us to do our utmost...the bombing and the hardships that resulted from them (did not) weaken the morale of the populace.

Michael Kumhof famous quotes

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