"We all use cash in our everyday life, but we don't use hundred-dollar bills. We're not using 500-euro notes. And yet these account for mountains of cash out there. I think they're being used in tax evasion and by criminals of all types."

--

Source : "'The Curse Of Cash' Makes Case For A World Without Paper Money". "All Things Considered" with Robert Siegel, www.npr.org. September 1, 2016.

Kenneth Rogoff

#Thinking Quotes #Everyday Quotes #Mountain Quotes

“If you are taught bitterness and anger, then you will believe you are a victim. You will feel aggrieved and the twin brother of aggrievment is entitlement. So now you think you are owed something and you don't have to work for it and now you're on a really bad road to nowhere because there are people who will play to that sense of victimhood, aggreivement and entitlement, and you still won't have a job.”
“When people in a democracy are not educated in the art of living -- to strengthen their conscience, compassion, and ability to question and think critically -- they can be easily manipulated by fear and propaganda. A democracy is only as wise as its citizens, and a democracy of ignorant citizens can be as dangerous as a dictatorship.”

Source : Dr Paul Chappell, Dr, Paul K. Chappell (2013). “Peaceful Revolution: How We can Create the Future Needed for Humanity's Survival”, p.38, Easton Studio Press LLC
“One time on a dive, I wound up drifting up in darkness surrounded by billions of photoluminescent creatures. It was a religious experience, one only a poet could do justice to.”
“Today's comics use four-letter words as a shortcut to thinking. They're shooting for that big laugh and it becomes a panic thing, using four-letter words to shock people.”
“Instead of inflicting these horrible punishments, it would be far more to the point to provide everyone with some means of livelihood, so that nobody's under the frightful necessity of becoming first a thief and then a corpse.”
“For he would be thinking of love Till the stars had run away And the shadows eaten the moon.”
“Those who 'cursed the day they were born' must have been infant prodigies.”
“The most beautiful curve is a rising sales graph.”

You may also like:

Ben Bernanke
Economist
Lawrence Summers
Former Undersecretary for International Affairs
Martin Feldstein
Former Chairman of Council of Economic Advisers
Paul Krugman
Economist
Raghuram Rajan
Adviser
Robert J. Shiller
Economist
Robert Pollin
Economist
Stanley Fischer
Economist
Carmen Reinhart