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Growth Quotes

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Growth Quotes

“The men of wealth who today are trying to prevent the regulation and control of their business in the interest of the public by the proper government authorities will not succeed, in my judgment, in checking the progress of the movement. But if they did succeed they would find that they had sown the wind and would surely reap the whirlwind, for they would ultimately provoke the violent excesses which accompany a reform coming by convulsion instead of by steady and natural growth.”

“The unnatural and increasingly rapid growth of the feeble-minded and insane classes, coupled as it is with steady restriction among all the thrifty, energetic and superior stocks constitutes a national and race danger which is impossible to exaggerate. I feel that the source from which the stream of madness is fed should be cut off and sealed before another year has passed.”

“Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output... A steady rate of monetary growth at a moderate level can provide a framework under which a country can have little inflation and much growth. It will not produce perfect stability; it will not produce heaven on earth; but it can make an important contribution to a stable economic society.”

“How do we create jobs for so many Americans who are feeling pushed out, not just left out, pushed out of the modern economy. Obviously it's skills and education. But it's also jobs. So if I could do anything it would be to take this moment in time that we've got when, yes, our recovery is better, we've had steadier growth, I don't think President [Barack] Obama frankly gets the credit he deserves for the kind of steady hand that he and his advisers apply to moving through that really dangerous period.”

“The entrepreneurial struggle is the same at basically every stage in the sense that there's maybe slightly less risk but strategic issues are generally always the same. Now there's so much existential risk from another company either being able to compete or to disrupt you in the same way you're disrupting somebody else, an entrepreneur needs a real steady partner who has the ability to start working with them in the Seed or the A and be credible and value-add with strategic advice, and just be backstopped by so much capital that you can do any growth round or even a public round.”