A Quote by Arthur Laffer
I think the inflation prospects for the U.S. over the next five or six, seven years, are quite serious. You cannot have a bumper crop in apples without the value or the price of each apple falling. The Fed has had the largest increase in the monetary base in the history of the U.S., from colonial times to the present, times ten.
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The unique aspect of today's monetary inflation is that it is not limited to one country, but a host of countries are all inflating together. As a result of the monetary inflation (when all of the newly created money begins to leave the banks and enter the system), the price inflation will be worldwide.
The present illegitimacy ratio is not only unprecedented in the past two centuries; it is unprecedented, so far as we know, in American history going back to colonial times, and in English history from Tudor times.
In retrospect, I think that I've been given quite a few scripts over the years that had dark elements to them but most of them took place in the countryside with a haunted house. I think I've probably had that script about six to 10 times over the past few years. Or it was something to do with the supernatural.
I don't see any state that Democrats have won five out of six times, or six out of six times, that Trump, you know, at face value, poses a threat in. I just don't see it.
Dried oregano has thirty times the brain-healing antioxidant power of raw blueberries, forty-six times more than apples, and fifty-six times as much as strawberries, making it one of the most powerful brain cell protectors on the planet.
I devoted myself to writing for years without representation or a promise of anything. And there were times when I felt quite down about my prospects.
I'll try if I know all the things I used to know. Let me see: four times five is twelve, and four times six is thirteen, and four times seven is - oh dear! I shall never get to twenty at that rate!
People who are complaining about the Fed are people who've been predicting runaway inflation for five and six years, and it hasn't happened.
To rise at six, to dine at ten,
To sup at six, to sleep at ten,
Makes a man live for ten times ten.
Now, everybody knows the basic erogenous zones. You got one, two, three, four, five, six, and seven. ... OK, now most guys will hit one, two, three and then go to seven and set up camp. ... You want to hit 'em all and you wanna mix 'em up. You gotta keep 'em on their toes. ... You could start out with a little one. A two. A one, two, three. A three. A five. A four. A three, two. Two. A two, four, six. Two, four, six. Four. Two. Two. Four, seven! Five, seven! Six, seven! Seven! Seven! Seven! Seven! Seven! Seven! Seven! Seven! Seven! [holds up seven fingers]
People think six is a great many, when it's children. ...they don't mind six pairs of boots, or six pounds of apples, or six oranges, especially in equations, but they seem to think that you ought not to have five brothers and sisters.
I probably only cried five or six times in my life and I think four of those times was from my daddy kicking my butt.
As a player I had some good times but people forget I had a lot of hard times to get there; seven years in the lower divisions.
Back in 1960, the paper dollar and the silver dollar both were the same value. They circulated next to each other. Today? The paper dollar has lost 95% of its value, while the silver dollar is worth $34, and produced a 2-3 times rise in real value. Since we left the gold standard in 1971, both gold and silver have become superior inflation hedges.
The number of possible "on-off" patterns of neuronal firing is immense, estimated as a staggering ten times ten one million times (ten to the millionth power). The brain is obviously capable of an imponderably huge variety of activity; the fact that it is often organized and functional is quite an accomplishment!
The price of gold was fixed at $35 an ounce in 1934, but by the time the U.S. got through the Korean War, the Vietnam war, with all the associated secular inflation, the price level had gone up nearly three times.
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