"The essence of the contemporary monetary system is creation of money, out of nothing, by private banks' often foolish lending."

--

Source : "The Fed is right to turn on the tap". www.ft.com. November 9, 2010.

Martin Wolf

#Essence Quotes #Foolish Quotes #Creation Quotes

“I didn't even know how to shave at 15.”
“Think higher, feel deeper.”
“A cobweb is as good as the mightiest cable when there is strain upon it.”
“One thing that was passed on from generation to generation in my family, over seven generations in 200 years, was never give up. That's the way we live.”
“I can't go anywhere without someone judging me.”

Source : "Britney: 'I do not care what people think'". Interview with Matt Lauer, www.today.com. June 15, 2006.
“You won't walk into a store and steal food. But people think it's ok to steal music.”
“I always used to put my right boot on first, and then obviously my right sock.”
“The space that we're looking through is nine-dimensional. If you build a mathematical model, the amount of searching that we've done in 50 years is equivalent to scooping one 8-ounce glass out of the Earth's ocean, looking and seeing if you caught a fish. No, no fish in that glass? Well, I don't think you're going to conclude that there are no fish in the ocean. You just haven't searched very well yet. That's where we are.”

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