"The supply-side effect of a restrictive monetary policy is likely to be perverse, in that high interest rates enter into costs and thus exert inflationary pressure."

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Source : "Full Employment and Price Stability: The Macroeconomic Vision of William S. Vickrey".

William Vickrey

#Pressure Quotes #Sides Quotes #Cost Quotes

“I don't want to do action that doesn't mean anything. Everything I do I want to have character development and three-dimensional characters, fallible humans, and this is definitely one of them.”

Source : Interview with Nell Minow, moviemom.maxlazebnik.com. December 02, 2009.
“According to your belief [Christian clergy], my kind of man â€” secular, prideful, agnostic and all the rest of it â€” is among the damned. I'm on my own. You've got your God.”
“The good times and the bad times both will pass. It will pass. It will get easier. But the fact that it will get easier does not mean that it doesnâ€™t hurt now. And when people try to minimize your pain they are doing you a disservice. And when you try to minimize your own pain youâ€™re doing yourself a disservice. Donâ€™t do that. The truth is that it hurts because itâ€™s real. It hurts because it mattered. And thatâ€™s an important thing to acknowledge to yourself. But that doesnâ€™t mean that it wonâ€™t end, that it wonâ€™t get better. Because it will.”
“I tend to think that knowledge is preceded by power instead of the other way around.”
“Men of an amiable, yielding temper, willing to take the lowest place; to be least of all; and the servants to all...who live near God, and who are willing to suffer all things for Christ's sake without being proud of it - these are the men we need.”
“I'm not a jack of all trades; I'm a master of many. I don't feel there is anything I can't do if I want to.”
“Whatever; bling always has something to hide.”
“When we are in our studios, in our private space... we need to block out the outside world; we need to disbelieve anything that would doubt us, because - everyone will doubt us if we allow them that space.”

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