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Gains Quotes

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Gains Quotes

“Price fixing does not represent simply windfall gains and losses to particular groups according to whether the price happens to be set higher or lower than it would be otherwise. It represents a net lose to the economy as a whole to the extent that many transactions do not take place at all, because the mutually acceptable possibilities have been reduced.”

“Any strategy that involves crossing a valley accepting short-term losses to reach a higher hill in the distance will soon be brought to a halt by the demands of a system that celebrates short-term gains and tolerates stagnation, but condemns anything else as failure. In short, a world where big stuff can never get done.”

“There is a strong current in contemporary culture advocating ' holistic ' views as some sort of cure-all... Reductionism implies attention to a lower level while holistic implies attention to higher level. These are intertwined in any satisfactory description: and each entails some loss relative to our cognitive preferences, as well as some gain... there is no whole system without an interconnection of its parts and there is no whole system without an environment.”

“Treasurys, as low as yields are, are higher than they are in most other developed countries. A foreign investor picks up a yield spread in Treasurys versus their own sovereigns, plus the fact that if the dollar is going to continue rallying - and I think it will because it's a safe haven - then they get a currency translation gain as well.”

“If top marginal income tax rates are set too high, they discourage productive economic activity. In the limit, a top marginal income tax rate of 100 percent would mean that taxpayers would gain nothing from working harder or investing more. In contrast, a higher top marginal rate on consumption would actually encourage savings and investment. A top marginal consumption tax rate of 100 percent would simply mean that if a wealthy family spent an extra dollar, it would also owe an additional dollar of tax.”

“Our Heavenly Father loves each one of us and understands that this process of climbing higher takes preparation, time, and commitment. He understands that we will make mistakes at times, that we will stumble, that we will become discouraged and perhaps even wish to give up and say to ourselves it is not worth the struggle. We know it is worth the effort, for the prize, which is eternal life, is “the greatest of all the gifts of God.” And to qualify, we must take one step after another and keep going to gain the spiritual heights we aspire to reach.”