"Deficits do not in themselves produce inflation, nor does a balanced budget assure a stable price level."

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Source : William Spencer Vickrey (2004). “Full Employment and Price Stability: The Macroeconomic Vision of William S. Vickrey”, Edward Elgar Pub

William Vickrey

#Levels Quotes #Doe Quotes #Produce Quotes

“The world is like an enormous set of scales. When evil begins to outweigh good, angels cram themselves in on the lighter side. You can't see them, but there they are, restoring the balance.”
“I was a solipsist and a narcissist and much too arrogant. I have a lot more compassion now, but it took a long time.”
“If there is to be no satisfaction in pleasure, none in wisdom, none in ambition, none in the golden mean, what then? Ah, where then? In duty. In doing right because it is right.”
“My favorite mode of communication is in the world beyond: a dream, to see in a dream. My second favorite is correspondence.”
“For Donald Trump's business partners around the world, including the developers of this luxury golf course in Dubai, what some in the U.S. may see as a conflict of interest is, for them, money in the bank.”

Source : Source: abcnews.go.com
“Suretyship (Dogma) is the precursor of ruin.”
“It is life that hurts you not death.”
“The education of life perfects the thinking mind, but depraves the frivolous.”

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