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 its value. Gold will store its value, and you'll always be able to buy more food with your gold.
Peter SchiffRelated topics
able bad buy debt federal food gold intrinsic lose problem spend store valueRelated quotes
Owners of capital will stimulate working class to buy more and more of expensive goods, houses and technology, pushing them to take more and more expensive credits, until their debt becomes unbearable. The unpaid debt will lead to bankruptcy of banks which will have to be nationalized and State will have to take the road which will eventually lead to communism.
Karl Marx
It has therefore been justly observed that however honestly the coin of a country may conform to its standard, money made of gold and silver is still liable to fluctuations in value, not only to accidental, and temporary, but to permanent and natural variations, in the same manner as other commodities.
David Ricardo
It's mind-boggling to consider that movies this bad are actually committed to film. The poor quality of The Pest in almost every category - humor, intelligence, creativity, and just plain entertainment value - ranks it somewhere between a bad infomercial and a local cable newscast. Rarely do I consider the act of seeing a movie to be a chore, but this kind of experience is the exception.
James Berardinelli
A mature person is one who does not think only in absolutes, who is able to be objective even when deeply stirred emotionally,who has learned that there is both good and bad in all people and in all things, and who walks humbly and deals charitably with the circumstances of life, knowing that in this world no one is all-knowing and therefore all of us need both love and charity.
Eleanor Roosevelt
My attitude toward punctuation is that it ought to be as conventional as possible. The game of golf would lose a good deal if croquet mallets and billiard cues were allowed on the putting green. You ought to be able to show that you can do it a good deal better than anyone else with the regular tools before you have a license to bring in your own improvements.
Ernest Hemingway