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Majors Quotes

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Majors Quotes

“No major institution in the US has so poor a record of performance over so long a period as the Federal Reserve, yet so high a public reputation.”

Long Poor Records Periods Majors Performances Institutions Reputation Reserves Federal Reserve

Author:Milton Friedman

“Frankly, getting Mexico economically headed in the right direction with good energy policy - Canada, the United States, and Mexico have more known energy reserves than Saudi Arabia and Russia. So developing those and I think you'll see a major movement of people back into Mexico when that occurs when these prices get back. You're going to see a substantial development of the energy business in Mexico and Canada, domestic as well.”

“Canada, the United States and Mexico, we developed these energy reserves that we have in this North American region. And you can see a not only driving down the cost of electricity but a major manufacturing boom in this country. Couple that with tax policy, reduction, reducing the corporate tax rate, and that I think a renaissance in manufacturing like we've never seen in this country and really drive the economy.”

“The major material advantage, financial advantage from having a reserve currency is that between 200 and 300 billion dollar bills, that may be twenty, fifty, hundred dollar bills as well as ones, exist in the world - a lot of them in Russia as you all know I'm sure.”

Knows World Wells May Materials Majors Hundred Advantage Twenties Bills Dollars Financial Billions Russia Fifty Currency Reserves Dollar Bills

Author:Robert C. Solomon

“Those who have not undergone minor disasters are usually being held in reserve for something major”

Majors Disaster Minors Reserves

Book:Creation: a novel

Source: Creation: a novel

“[Ben Carson] critics say that your inexperience shows. You've suggested that the Baltic States are not a part of NATO, you were unfamiliar with the major political parties and government in Israel, and domestically, you thought Alan Greenspan had been treasury secretary instead of federal reserve chair.”

States Shows Government Political Party Majors Critics Israel Chairs Reserves Secretary Political Parties Unfamiliar Nato Treasury Federal Reserve Inexperience Ben Carson

Author:Megyn Kelly

“The stock market crashed in October 1929. But that was not the cause of what caused the Great Depression. It was, in my opinion, a very minor element of it. What happened was that from 1929 to 1933 you had a major contraction which, in my opinion, was caused primarily by the failure of the Federal Reserve System, to follow the course of action for which it was set up. It was set up to prevent exactly what happened from 1929 to 1933. But instead of preventing it, they facilitated it.”

Action Courses Causes Opinion Happened Elements Majors Minors Reserves October Preventing Great Depression Federal Reserve Contractions

Author:Milton Friedman

“How is it that hardly any major religion has looked at science and concluded, “This is better than we thought! The Universe is much bigger than our prophets said, grander, more subtle, more elegant?” Instead they say, “No, no, no! My god is a little god, and I want him to stay that way.” A religion, old or new, that stressed the magnificence of the Universe as revealed by modern science might be able to draw forth reserves of reverence and awe hardly tapped by the conventional faiths.”