“The effect of keeping interest rates artificially low, in fact, is eventually the same as that of keeping any other price below the natural market. It increases demand and reduces supply. It increases the demand for capital and reduces the supply of real capital. It creates economic distortions. It is true, no doubt, that an artificial reduction in the interest rate encourages increased borrowing. It tends, in fact, to encourage highly speculative ventures that cannot continue except under the artificial conditions that gave birth to them. On the supply side, the artificial reduction of interest rates discourages normal thrift, saving, and investment. It reduces the accumulation of capital. It slows down that increase in productivity, that ‘economic growth,’ that ‘progressives’ profess to be so eager to promote.”

in Economics, Henry Hazlitt, Writers

-Henry Hazlitt

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“You don’t get to choose how you’re going to die. Or when. You can only decide how you’re going to live. Now.”

in Inspirational, Joan Baez, Writers

-Joan Baez

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“Never let the odds keep you from doing what you know in your heart you were meant to do.”

in H. Jackson Brown, Jr., Inspirational, Writers

-H. Jackson Brown, Jr.

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“Positive thinking is a good bet—if it doesn’t work you lose nothing; if it does you change your life.”

in Anant Kishore, Positive Thinking, Writers

-Anant Kishore

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“It is unwise to be too sure of one’s own wisdom. It is healthy to be reminded that the strongest might weaken and the wisest might err.”

in Epistemology, Mohandas K. Gandhi, Writers

-Mohandas K. Gandhi

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“Nobody realizes that some people expend tremendous energy merely to be normal.”

in Albert Camus, Psychology, Writers

-Albert Camus

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“Do not indulge in dreams of having what you have not, but reckon up the chief of the blessings you do possess, and then thankfully remember how you would crave for them if they were not yours.”

in Happiness, Marcus Aurelius, Writers

-Marcus Aurelius

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