“Significant changes in the growth rate of money supply, even small ones, impact the financial markets first. Then, they impact changes in the real economy, usually in six to nine months, but in a range of three to 18 months. Usually in about two years in the US, they correlate with changes in the rate of inflation or deflation." "The leads are long and variable, though the more inflation a society has experienced, history shows, the shorter the time lead will be between a change in money supply growth and the subsequent change in inflation.” YearsFirstsLongTwoRealShowsThreeGrowthEconomyMonthsSixImpactRateInvestingFinancialSignificantNineRangeTwo YearsInflationVariablesNine MonthsFinancial MarketsSignificant ChangeDeflation Author:Milton Friedman
“Here is an educational bombshell: Take from all of today's industrial nations all their industrial machinery and all their energy-distributing networks, and leave them all their ideologies, all their political leaders, and all their political organizations, and I can tell you that within six months, two billion people will die of starvation, having gone through great pain and deprivation along the way.” PeopleWayI CanTwoWisdomTodayPainPoliticalDiesPoliticsEnergyNationsLeaderEconomyGoneMonthsSixOrganizationEducationalBillionsIdeologyLiberalismSix MonthsMachineryStarvationDeprivationPolitical LeadersBombshells Author:R. Buckminster Fuller
“I come back to the same thing: We've got the greatest pipeline in the company's history in the next 12 months, and we've had the most amazing financial results possible over the last five years, and we're predicting being back at double-digit revenue growth in fiscal year '06.” YearsLastsNextGrowthResultsCompanyEconomyFiveMonthsFinancialFive YearsRevenueMost AmazingPredictingPipelineLast Five YearsFinancial Results Author:Steve Ballmer
“The American economy is going to do fine. But it won't do fine every year and every week and every month. I mean, if you don't believe that, forget about buying stocks anyway... It's a positive-sum game, long term. And the only way an investor can get killed is by high fees or by trying to outsmart the market.” IfsWayTryingYearsBelieveMeanLongGamesTermForgetEconomyWeekFineMonthsDon't BelieveInvestingLong TermBuyingInvestorsFeesAmerican EconomyBuying Stocks Author:Warren Buffett
“Well, you can, but tell you this, that when you've got an economy that is growing at 4.9% it is the fastest growth over the last 12 months we've seen in 20 years.” YearsWellsLastsGrowthEconomyGrowingMonths Author:Donald Evans