"The only solution the US government seems to have for all the financial troubles is borrowing more [money] and throwing [it] at the problems. It also wants its citizens to borrow more…It is not going to work. Too much debt is the problem. We had the boom, and now we are getting the inevitable bust. Because debt is the problem, it is impossible for more debt to also be the solution."

— James Turk

 

โ€œBy further encumbering the economy with burdensome regulation, and by transferring business decisions to vote-seeking politicians who will bail out the irresponsible, reward failure and punish success, the government will create a society destined for misery.โ€ 

–Peter Schiff

 

"All of the gold stock in the world would fit into a cube 20.5 meters to a side. Due to high amounts of industrial usage, the silver stock is even smaller, less than 14.5 meters to a side."

Jake, the Champion of the Constitution

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6 responses to “A Few Interesting Quotes”

  1. Jamie Russell Avatar
    Jamie Russell

    You can’t privatize your
    profits, and socialize your loses.

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  2. Luke Linnenbringer Avatar
    Luke Linnenbringer

    Chris-Was at your super rally in STL last weekend (which you and Orrin rocked the house) and you were talking about your pyramid of wealth. What was in your foundation level? Guns, Gold, and ? you had me laughing so hard I couldn’t take notes. Thanks in advance for any info.
    I read a quote the other day by our president. “with the private sector so weakened by this recession the federal government is the only entity with teh resources to jolt our economy back to life.” I have explained the fallacies in this statement to anyone who would listen. I hope someone did

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  3. dean clouse Avatar
    dean clouse

    Another interesting quote for you buddy. I was reading an article on yahoo about deflation (not inflation, weird I know) and this guy wrote,
    Yamarone says the steps taken by the Federal Reserve and Treasury to pump trillions into the nation’s banking system will keep deflation from taking hold the way it did during the Great Depression and in Japan’s “lost decade” that started in the 1990’s.
    “Those policymakers did nothing for decades,” he said. “We’re throwing everything imaginable and several things that are unimaginable at the problem.”
    Yes, he just said that during the Great Depression and Japan’s lost decade the policy makers did nothing. Interesting history he learned. Feel like writing an article to denounce his history lesson?
    Here’s the link if you want to read it yourself.
    http://money.cnn.com/2009/02/19/news/economy/deflation/index.htm?postversion=2009021914

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  4. Jonathon Jones Avatar
    Jonathon Jones

    That last quote reminded me of the Liberty Dollar. Have you ever heard of these guys?
    http://www.libertydollar.org
    They are basically a private barter currency that is backed by real gold and silver and is valued similarly to US dollars to make it easy to convert between the currencies.
    Quite an interesting project…

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  5. dean clouse Avatar
    dean clouse

    “Many prominent economists at present consider Keynes’s work so deeply flawed, riddled with error, even, that it need no longer be studied…For the younger generation of macroeconomists nowadays, NOT understanding Keynes seems a necessary, if not sufficient, condition for professional advancement.–Axel Leijonhufvud quoted from “The making of modern economics” by Mark Skousen page 409.

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  6. dean clouse Avatar
    dean clouse

    “When told to jump, most employees ask ‘how high’ after they start jumping. You say ‘that’s not really in my plan of attack right now, but when it is, I will be all over it”. My boss during my review today.
    “Rascals just tend to do that” My response.
    “Kicking butt and taking names”.
    Team Unstopabull

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