Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out - even if a country can print its own currency and write its own cheques.
When Turkey buys Iranian oil, we pay for it in Turkish lira... However, it is not possible for Iran to take that money as dollars into its own country due to international restrictions, the U.S.A.'s sanctions. Therefore, when Iran cannot take this mo...
Every time I am tempted to buy some dopey thing, I hear my late father's voice: 'Do you really need that?' He was big on saving money and buying as much security as possible. He also encouraged charitable giving. So, I am responsible with currency.
Eventually the dollar won't always rule. Eventually there will be a challenge to the United States and it will have to be like other countries that are a bit concerned about their currency, and then have to ratchet back in order to - right, in order ...
And if I ever see you or your fake ass Chanel earrings around here again, I will shove my very real, very pointy Jimmy Choos up your prissy little ass. Do I make myself clear?
Every wedding must be an occasion of joy that human beings can do such great things, that they have been given such immense freedom and power to take the helm in their life’s journey…
I think one travels more usefully when they travel alone, because they reflect more." ( June 19, 1787)
It's extremely difficult to get these jobs because you can't get a job on a ship unless you have seaman's paper's, and you can't get seaman's papers unless you have a job on a ship. There had to be a way to break through the circle, and he was the on...
It shouldn't be a Higgs field. If it's anybody's, it should be Goldstone field, I think. When Nambu wrote his short paper in 1960, Jeffrey Goldstone of Cambridge University, who was visiting Cern, heard about it. He then wrote a paper which was conce...
I love words. Sudoku I don't get into, I'm not into numbers that much, and there are people who are hooked on that. But crossword puzzles, I just can't - if I get a puppy and I paper train him and I put the - if all of a sudden I'd open the paper and...
I'll generally write out every scene that's in the film on a couple of pieces of paper, just with a little one-line. And then I can scan it a bit and go, 'This first third of the film, generally, I'm kind of calm.' Then I might do something on one pi...
A book is not necessarily made of paper. A book is not necessarily made to be read on a Kindle. A book is a collection of text, organized in one of a variety of ways. You could say that words printed on paper and bound between cloth covers will somed...
I have argued again and again that investors should hold some assets in precious metals as an alternative to cash. One of the functions of paper money is to be a store of value. But... with practically zero interest rates and cost of living increases...
One day a student asked Taiga, "What is the most difficult part of painting?" Taiga answered, "The part of the paper where nothing is painted is the most difficult."
After a long while he sat upright with great effort, exhaled a sigh and reached for a clean sheet of lined paper, smoothing it out on the desk. He unscrewed the lid of his fountain pen, laid it perpendicular to his paper, and began to write. Often he...
Did the men steal the papers?" Reynie asked, fearing her response. No, because they are fools," Sophie said bitterly. "They demanded to see the papers, and when I did not answer fast enough -- they were very frightening, you see -- they hurt me so th...
The girl and Doctor Reefy began their courtship on a summer afternoon. He was forty-five then and already he had begun the practice of filling his pockets with the scraps of paper that became hard balls and were thrown away. The habit had been formed...
I was walking around in an almost blind, crazy rage of madness. There was a story burning a hole in my brain, and it was dying to come out on paper. It was begging of me to create it, but I didn’t know where to begin. A month after giving birth to ...
In England, coffeehouses were dubbed penny-universities, because for the admission price of one cent, a person could sit and be edified all day long by scholars, merchants, travelers, community leaders, gossips, and poets.
, in one of the later years of his life, imagined that he had overcome the difficulty ( ). He went so far as to write a paper, which he took with him to the Institute, and began to read it. But in the first paragraph something struck him that he had ...
In normal life we hardly realize how much more we receive than we give, and life cannot be rich without such gratitude. It is so easy to overestimate the importance of our own achievements compared with what we owe to the help of others.
