In the days when money was backed by its face value in silver or gold, there were limits to how much wealth could flow around the world. Today, it's virtual money that the bank lends into existence on a computer screen. "And unless the economy contin...
I will hurt you for this. I don't know how yet, but give me time. A day will come when you think yourself safe and happy, and suddenly your joy will turn to ashes in your mouth, and you'll know the debt is paid.
In the world I lived in, the world of human people, there were ties and debts and consequences and good deeds. That was what bound people to society; maybe that was what constituted society. And I tried to live in my little niche in it the best way I...
Apple Computers is a famous example: it was founded by (mostly Republican) computer engineers who broke from IBM in Silicon Valley in the 198os, forming little democratic circles of twenty to forty people with their laptops in each other's garages.
I am well known by my friends to be a workaholic - to their often justifiable annoyance. I am therefore keenly aware that such behavior is at best slightly pathological, and certainly in no sense makes one a better person.
Our debts don't leave us much in terms of choices. We can choose to pay now or try to pay later. But the longer we wait the steeper the bill
The root of anger is the perception that something has been taken. Something is owed you, and now a debt to debtor relationship has been established.
What matters to me is that I do what I think is right and I see, I'm a numbers guy, that's my attitude. I know we have a debt tsunami coming, we are bankrupting this country and I'm in a position where I can actually advance ideas to prevent that fro...
If a transaction in progress appeared threatened with failure, if a shipment of goods seemed to have gone astray, or if a debtor appeared unable to repay his debt, Kamaswami was never able to persuade Siddhartha that it was useful to speak words of w...
Darius began to walk away, but as if he thought better of it, turned back to face Wharick. He stared into the Gwardian's eyes for a moment and then spoke quietly. "If ever a blade comes that close to my neck brother, the only debt you owe me is to ma...
Love is like 17 cents minus 33,333.50 dollars. No wait, that's not love—that’s how much debt I owe for a worthless college degree.
Ah yes.' Peter's tone was scornful. 'And they must always be paid before the poor tradesmen's bills, mustn't they?' 'They must indeed. They are debts of honour.' 'Oh, Mary.' He leant over and kissed me quickly. 'What a lot we'll have to argue about a...
The minute a Wall Street firm purchases your debt, your bank no longer has it on its financial statement, which then allows the bank to look for more credit card customers. That's one reason why you get so many credit card offers.
Small miseries, like small debts, hit us in so many places, and meet us at so many turns and corners, that what they want in weight, they make up in number, and render it less hazardous to stand the fire of one cannon ball, than a volley composed of ...
Growing up, books were my lifeline, and I owe a debt to those writers that can never be repaid. They saved my sanity and gave me a world I could escape to. If I can pay that forward to another person, that's all I ask.
The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People m...
I am confident that we can overcome this crisis, provided that we remain united in our effort to address our debt and competitiveness problems. And I think that the Greek people are united; it's important also that the political forces are united in ...
We have managed to acquire $13 trillion of debt on our balance sheet. In my view we have nothing to show for it. We haven't invested in our roads, our bridges, our waste-water systems, our sewer systems. We haven't even maintained the assets that our...
The Tea Party movement is we the people who have been taxed enough already. I think that folks forget that this is not an organized effort; it is not an organized protest. What this is is mothers, fathers, grandparents, and what they are saying is: '...
As an economist specializing in the global economy, international trade and debt, I have spent most of my career helping others make big decisions - prime ministers, presidents and chief executives - and so I'm all too aware of the risks and dangers ...
Gold has intrinsic value. The problem with the dollar is it has no intrinsic value. And if the Federal Reserve is going to spend trillions of them to buy up all these bad mortgages and all other kinds of bad debt, the dollar is going to lose all of i...
