“How would you like to have a thousand brilliantly colored cliff swallows keeping house in the eaves of your barn, and gobbling up insects over your farm at the rate of 100,000 per day? There are many Wisconsin farmsteads where such a swallow-show is a distinct possibility.” ShowsHousePossibilityThousandRateOver YouFarmsInsectsCliffsBarnsWisconsin Book:For the Health of the Land: Previously Unpublished Essays And Other Writings Source: For the Health of the Land: Previously Unpublished Essays And Other Writings
“Paymasters come in only two sizes: one sort shows you where the book says that you can't have what you've got coming to you; the second sort digs through the book until he finds a paragraph that lets you have what you need even if you don't rate it.” IfsNeedsTwoBookShowsRateSizeParagraph Book:The Door Into Summer Source: The Door Into Summer
“History and geology show what an eyeblink it's been since our current, comfortable culture came about. And yet that culture is using up absolutely everything at a ferocious rate.” ShowsCultureComfortableRateCurrentsGeology Book:Earth Source: Earth
“It is more important what the jobs report shows in December and January -- that will affect how many rate hikes we'll have this spring.” ImportantShowsJobsSpringRateAffectionReportsDecemberJanuary Author:David Malpass
“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
“The rich believe that they're different and that it is their right to pay a much lower tax rate. The response that you see from people on Wall Street, their dismissal and their almost contempt for the concerns about their culpability in the financial crisis, about the income inequality, shows that they are completely out of touch.” PeopleBelieveDifferentShowsPayRichStreetsWallTaxesConcernCrisisResponseRateFinancialIncomeInequalityContemptFinancial CrisisIncome InequalityDismissalCulpability Author:Robin Wells